Shop 5, 300 Toorak Road South Yarra VIC 3141

Stonebridge Property Group is pleased to present for sale Shop 5, 300 Toorak Road, South Yarra.

The key highlights of the opportunity include:

- A low maintenance investment leased by longstanding and highly rated tenant in the centre of South Yarra's retail precinct.

- Boasting a 5-year lease, with options through to 2032, and fixed annual increases of 3%.

- Providing net annual income of $54,636* + GST

- Positioned at the base of the luxurious 'Gisele' development, which includes 76 high-end residences, and directly opposite the globally recognised Como Centre.

- A strategically positioned pedestrian crossing and tram stop immediately in front of the property bottleneck foot traffic to the façade of the building a major benefit for the current and future tenants.

- South Yarra, one of Australia's most successful shopping precincts, bolstered by high density residential developments and major international brands.

- The surrounding demographic is regarded affluent and young, with a median age of 33 and average personal income of $1,395* this demographic supports retail trade for retailers such as Laurent, The Meat & Wine Co, Woolworths & more.

Shop 5, 300 Toorak Road, South Yarra is offered for sale via Public On-Site Auction Friday 6th December 2024 at 10:30am (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 594

Dylan Kilner
0459 396 341

Ian Lam
0416 621 859

*Approximately

Property Code: 1123