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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

Nick Peden
Savills Melbourne
Nick Peden
Savills Melbourne
Mark Stafford
Savills Melbourne
Mark Stafford
Savills Melbourne
Dorothy He
Savills Melbourne
Dorothy He
Savills Melbourne

Property Highlights

Property ID2015820349
Date Sold21 Nov 2019
Floor Area149 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypePartial building
Category
Last updated  16 Jun 2021
Map for 4 Shakespeare Grove St Kilda VIC 3182
Map for 4 Shakespeare Grove St Kilda VIC 31824 Shakespeare Grove St Kilda VIC 3182
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Nick Peden
Savills Melbourne
Nick Peden
Savills Melbourne
Mark Stafford
Savills Melbourne
Mark Stafford
Savills Melbourne
Dorothy He
Savills Melbourne
Dorothy He
Savills Melbourne

Property Highlights

Property ID2015820349
Date Sold21 Nov 2019
Floor Area149 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypePartial building
Category
Last updated  16 Jun 2021
Savills Melbourne
Level 29, South Tower, 80 Collins Street, Melbourne VIC 3000
Nick Peden
Savills Melbourne
Nick Peden
Savills Melbourne
Mark Stafford
Savills Melbourne
Mark Stafford
Savills Melbourne
Dorothy He
Savills Melbourne
Dorothy He
Savills Melbourne

Ask Nick Peden about this property

Nick Peden

Nick Peden

Savills Melbourne

Mark Stafford

Mark Stafford

Savills Melbourne

Dorothy He

Dorothy He

Savills Melbourne

0402 *** ***
0402 011 266

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