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Burgess Rawson - Melbourne

5 Commercial Road South Yarra, VIC 3141

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5 Commercial Road,
South Yarra, VIC 3141

Shops & Retail • Medical & Consulting • Offices

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Burgess Rawson - Melbourne
Shaun Venables
Justin Kramersh

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
5 Commercial Road
South Yarra, VIC 3141

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Bustling Restaurant in "The Block" Featured South Yarra Icon

  • Secure 4 + 4 Year Lease to 2028
  • Tenant pays all usuoutgoings
  • 133sqm Internal + 195sqm Alfresco Area
+ Secure 4 year lease plus option to August 2028.
+ Bustling restaurant on the ground floor of the South Yarra Icon - “The Blocktagon”, featured on “The Block”.
+ High profile ground floor corner location
+ Modern 133sqm* restaurant premises plus architect designed 195sqm* alfresco area.
+ Kai Dining: Experienced and successful operator.
+ Annual rent review and tenant responsible for all usual outgoings.
+ Single tenant minimum management investment.
+ Strategically located on busy commercial road, 10 metres to the Alfred Hospital and next to Punt Road with 33,000 vehicles passing daily
+ South Yarra: affluent inner city suburb with median house price of $2,192,000.
+ Net Rent: $51,490 pa + GST

*approx.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 30 March 2022
Crown Casino, Melbourne.

Property ID: 504019755Last Updated: 1 Aug 2023

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