Shop 5, 521 Toorak Road,
Toorak, VIC 3142

Shops & Retail

Price information

Sale - Expression of Interest

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Key property information

Floor area

Tenure type

Private inspections

to arrange a private inspection.

Map of Shop 5, 521 Toorak Road

Directions

Train stations within 5 km of Shop 5, 521 Toorak Road, Toorak, VIC 3142 Distance
Hawksburn Station 803 m
Toorak Station 1.2 km
Heyington Station 1.3 km
Burnley Station 1.5 km
South Yarra Station 1.6 km
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Tram stops within 5 km of Shop 5, 521 Toorak Road, Toorak, VIC 3142	Distance
133-Grange Rd/Toorak Rd (Toorak)	47 m
133-Canterbury Rd/Toorak Rd (Toorak)	88 m
132-Toorak Village/Toorak Rd (Toorak)	163 m
134-Orrong Rd/Toorak Rd (Toorak)	356 m
131-Williams Rd/Toorak Rd (Toorak)	421 m

Bus stops within 5 km of Shop 5, 521 Toorak Road, Toorak, VIC 3142	Distance
Toorak RdGrange Rd	46 m
Douglas StGrange Rd	217 m
Trawalla Ave/Grange Rd (Toorak)	220 m
St Johns Anglican Church/Orrong Rd (Toorak)	319 m
Toorak Rd/Orrong Rd (Toorak)	339 m

Premium Hospitality Freehold Investment In The Heart Of Toorak Village

Tenanted investment with long-term lease
Lease to highly rated hospitality tenant
Outstanding location

Grandfield Property Group is pleased to offer for sale this premium hospitality freehold investment located at Shop 5, 521 Toorak Road, Toorak VIC 3142.

Situated in the heart of Toorak Village shopping & entertainment precinct, this tenanted investment opportunity offers following key attributes:

*Fully leased to highly rated Cafe & Restaurant tenant 'Botanic Cafe'
*5 years lease from November 2023 with additional options terms until 2038 if exercised
*Strong net annual rent income of $120,000 +GST+Outgoings with fixed annual rent increases
*Area: 188 sqm approx. plus additional licensed area with extra seating
*Prime shop with premium hospitality fit-out
*Outstanding natural lights with outdoor balcony seating area
*Excellent public transport including tram route 58 and Hawksburn Railway Station in close proximity
*Highly sought after location surrounded by leading national & local retailers, local renowned cafe & restaurants including Woolworth and Coles Local Supermarkets, Commonwealth Bank, Laurent Bakery & Cafe, Cecconi's and Alexanders Cigar Merchants etc.

For Sale by Expressions of Interest closing Friday 15th November 2024 at 5pm AEST.

For further information or to arrange a private inspection of the property please contact exclusive selling agent Grandfield Property Group Sales Team.

Property ID: 504678324Last Updated: 18 Oct 2024

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