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

Savills Melbourne

Level 29, South Tower, 80 Collins Street,

Melbourne, VIC 3000

Property Highlights

Date Sold	21 Nov 2019
Floor Area	149 m²
Land Area	Ask Agent
Parking	On site parking available
Property ID	2015820349
Category	Shop & Retail Offices Showrooms / Bulky Goods
Last updated

Map for 4 Shakespeare Grove St Kilda VIC 3182

Nearest transport* to 4 Shakespeare Grove St Kilda VIC 3182

Bus

Train

Tram

Ferry

Luna Park/The Esplanade (St Kilda)	117 m
Luna Park/The Esplanade (St Kilda)	123 m
Albert St/Carlisle St (St Kilda)	191 m
Acland St/Barkly St (St Kilda)	248 m

*Within a 4km radius

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Savills Melbourne

Level 29, South Tower, 80 Collins Street,

Melbourne, VIC 3000

Property Highlights

Date Sold	21 Nov 2019
Floor Area	149 m²
Land Area	Ask Agent
Parking	On site parking available
Property ID	2015820349
Category	Shop & Retail Offices Showrooms / Bulky Goods
Last updated

Listed by

Savills Melbourne

Call

03 8686 8000

More about 4 Shakespeare Grove St Kilda VIC 3182

4 Shakespeare Grove St Kilda VIC 3182 is categorized as Shop & Retail Property. It has a floor area of 149 m². The listing ID for this property is 2015820349.