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7 Shakespeare Grove St Kilda VIC 3182

  • Retail
  • 133 m²
  • For Sale, Contact Agent

Absolute Prime St Kilda Retail Investment

  • Leased to Prized Tenant Jimmy Grants
  • 5 Year Lease with Options
  • Premium St Kilda Location

Savills Melbourne is delighted to offer for sale this prime retail investment in a highly sought after position within the heart of St Kildas retail and lifestyle precinct. This property represents a fantastic opportunity to acquire a prominent retail investment with a long-term lease to a high profile and successful tenant Jimmy Grants.

The key attributes of this fantastic property include:
- A super prime retail corner of 133sq m*
- 5 year lease from July 2017 with 4 x 5 year options
- Current Net Rental: $123,382 per annum* plus Outgoings and GST (as at July 2019)
- Fixed annual 3% rent reviews
- Includes secure parking
- Dual street frontages totalling over 23 metres*
- Leased to prized tenant Jimmy Grants
- Jimmy Grants is operated by the renowned restaurant group Made Establishment owner of The Press Club, GAZI and Hellenic Republic
- 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!

For further information or to arrange an inspection please contact:

Nick Peden - 0402 011 266
Mark Stafford - 0404 401 053
Glenn Ye - 0476 938 888

*Approx.

Supporting Documents

Supporting Document 1

Property Highlights

Property ID2015310090
Floor Area133 m²
Land Area133 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  6 Aug 2019
Map for 7 Shakespeare Grove St Kilda VIC 3182
Savills Melbourne
Level 48, 80 Collins Street Melbourne VIC 3000

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