Share this property

realcommercial.com.au
NAI Harcourts Balwyn Commercial

649A Chapel St South Yarra, VIC 3141

Directions

649A Chapel St,
South Yarra, VIC 3141

Shops & Retail

Price information

Sold

$492,000

Key property information

Floor area

Tenure type

Sold on

Map of 649A Chapel St

Directions

Exceptional Investment Opportunity on Chapel Street

Introducing 649A Chapel Street, South Yarra - a premium retail space that offers an unparalleled investment opportunity. Secure a steady income of $35,200 per annum, with fixed annual increases ensuring growth in your investment. This property is perfectly positioned for visibility and accessibility, making it highly desirable for businesses.

Key Features:

• Stable Tenant: Committed to a three-year lease running until 2027.
• Guaranteed Income Growth: Fixed annual increases to ensure your return on investment improves year over year.
• Compact and Manageable: 40 sqm layout that is easy to maintain and perfect for a range of retail activities.
• Strategic Prime Location: Situated in the vibrant heart of South Yarra on Chapel Street, this retail space is just steps away from South Yarra Station, ensuring constant foot traffic and high visibility in a bustling retail and commercial area.

Ideal for entry-level investors or self-managed super funds (SMSFs) looking for a reliable and profitable venture in one of Melbourne's most sought-after locales. Don't miss out on this opportunity to invest in a proven property with a secure tenant and a guaranteed income stream.

Enquire today to secure your piece of Chapel Street.

Additional information

Property ID: 504668924Last Updated: 4 Dec 2024

proptrack logo
This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.

NAI Harcourts Balwyn Commercial

275-277 Doncaster Road
BALWYN NORTH, VIC 3104
04510081...
NAI Harcourts Balwyn Commercial
649A Chapel St
South Yarra, VIC 3141
NAI Harcourts Balwyn Commercial
275-277 Doncaster Road
BALWYN NORTH, VIC 3104

Make an enquiry

What's your enquiry about?

Enter your details

More properties from NAI Harcourts Balwyn Commercial

Other properties you might be interested in based on the location and property type you are looking at.