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
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.
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
External websites
Property ID: 504668924Last Updated: 18 Nov 2024
NAI Harcourts Balwyn Commercial
275-277 Doncaster RoadBALWYN NORTH, VIC 3104
04510081...
649A Chapel St
South Yarra, VIC 3141
NAI Harcourts Balwyn Commercial275-277 Doncaster Road
BALWYN NORTH, VIC 3104
BALWYN NORTH, VIC 3104
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.
Contact Agent
Suite 2/54-58 Garden St,South Yarra, VIC 3141 60 m²Offices • Medical & Consulting • Shops & Retail
Contact Agent
309/434 St Kilda Road,Melbourne, VIC 3004 49 m²Offices • Shops & Retail • Medical & Consulting