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Sold on 9 Dec 2019

4 Shakespeare Grove St Kilda VIC 3182

  • 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 Kildas 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 Kildas 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:

Nick Peden - 0402 011 266
Mark Stafford - 0404 401 053
Dorothy He - 0430 183 889

Supporting Documents

Supporting Document 1

Property Highlights

Property ID2015820349
Date Sold9 Dec 2019
Floor Area149 m²
Land AreaAsk Agent
ParkingAsk Agent
Building TypePartial building
Category
Last updated  22 Nov 2019
Map for 4 Shakespeare Grove St Kilda VIC 3182
Savills Melbourne
Level 48, 80 Collins Street Melbourne VIC 3000

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