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4 Shakespeare Grove
St Kilda VIC 3182
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Sold on 21 Nov 2019

4 Shakespeare Grove St Kilda VIC 3182

  • Shop & Retail
  • 149 m²
  • Sold

Premium St Kilda Retail Investment

  • First Class Retail Investment
  • Leased to Long Standing Tenant
  • Opposite Iconic St Kilda Attractions

Savills is delighted to offer for sale this prized retail investment in a highly sought location in the heart of St Kilda's retail and lifestyle precinct. This property represents a remarkable opportunity to secure a prominent retail investment with a long-term lease to a long standing and renowned tenant 'Bay City Burrito'.

The key attributes of this fantastic property include:
- Prominent 149sq m* retail property
- Leased to super popular eatery 'Bay City Burrito'
- 5+5+5 year lease from August 2019
- Current Net Rental: $118,660pa* plus GST and outgoings
- Fixed annual 3% rental increases
- Includes secure car parking
- Premium bayside location only 50m* to prime Acland Street retail and opposite iconic Melbourne tourist destinations; Luna Park and the Palais Theatre
- Surrounded by celebrated tenants in St Kilda's renowned retail and lifestyle precinct
- A superb retail investment not to be missed!

4 Shakespeare Grove, St Kilda is For Immediate Private Sale.

For further information please contact:

Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655

Property Highlights

Date Sold21 Nov 2019
Floor Area149 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2015820349
Category
Last updated  16 Jun 2021
Map for 4 Shakespeare Grove St Kilda VIC 3182

Property Highlights

Date Sold21 Nov 2019
Floor Area149 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2015820349
Category
Last updated  16 Jun 2021

Listed by

Savills Melbourne
Call
03 8686 8000

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