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5 & 6 Shakespeare Grove
St Kilda VIC 3182
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Sold on 19 Nov 2019

5 & 6 Shakespeare Grove St Kilda VIC 3182

  • Shop & Retail
  • 89 m²
  • Sold

Affordable St Kilda Retail Investment

  • Premium Retail Investment
  • Leased to popular Tenant
  • Opposite Iconic St Kilda Attractions

Savills is pleased to offer for sale this prime retail investment in an iconic location in the heart of St Kilda's retail and lifestyle precinct. This property represents a remarkable opportunity to secure premium investment with a long-term lease to a high profile and successful tenant 'Gyoza King'.

The key attributes of this fantastic property include:
- High profile 89sq m* retail property
- Leased to renowned tenant 'Gyoza King'
-5+5 year lease from December 2018
- Current Net Rental: $82,400pa* plus GST and outgoings (from December 2019)
- Fixed annual 3% rental increases
- Two shops on two titles sold together
- Includes secure basement car parking for two cars
- 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 prime and affordable retail investment not to be missed!

5 & 6 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
Savills Melbourne
Level 29, South Tower, 80 Collins Street,
Melbourne, VIC 3000

Property Highlights

Date Sold19 Nov 2019
Floor Area89 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2015820350
Category
Last updated  16 Jun 2021
Map for 5 & 6 Shakespeare Grove St Kilda VIC 3182
Savills Melbourne
Savills Melbourne
Level 29, South Tower, 80 Collins Street,
Melbourne, VIC 3000

Property Highlights

Date Sold19 Nov 2019
Floor Area89 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2015820350
Category
Last updated  16 Jun 2021

Listed by

Savills Melbourne
Call
03 8686 8000

More about 5 & 6 Shakespeare Grove St Kilda VIC 3182

5 & 6 Shakespeare Grove St Kilda VIC 3182 is categorized as Shop & Retail Property. It has a floor area of 89 m². The listing ID for this property is 2015820350.

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