Ground Floor/6 Almeida Crescent, SOUTH YARRA VIC 3141
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- Retail, Showrooms / Bulky Goods
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- 16 Jan 2017
Strategic South Yarra Opportunity
• Located in the heart of the booming Forrest Hill precinct between Chapel Street and Claremont Street
• Substantial ground floor showroom of 290sqm approx.
• Excellent frontage of 20 metres approx. to Almeida Crescent
• Includes 4 car parks on title
• New 5 year lease to South Yarra Art House Gallery
• (Note: Lease includes Demolition Clause)
• Returning: $70,000 per annum plus outgoings and GST
• Property forms part of a low rise two storey development encompassing 7 units owned by 4 parties
• Whole building sits on a significant land area of 845sqm approx.
• Positioned within desirable high density zoning
• Rare opportunity to buy now and reap the future rewards.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
Ground Floor/6 Almeida Crescent...