Shop 1B, 7 Yarra Street,
South Yarra, VIC 3141

Shops & Retail

Price information

Sold

Contact Agent

Key property information

Floor area

Zoning

Tenure type

Sold on

Gorman Commercial Real Estate

L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123

04016360...

Shop 1B, 7 Yarra Street

South Yarra, VIC 3141

04016360...

Map of Shop 1B, 7 Yarra Street

Directions

TASTY SOUTH YARRA INVESTMENT

Income: $53,560 pa net
Lease Term: 5 + 5 + 5
Metres from Toorak Road & Chapel Street

Gorman Commercial is pleased to offer Shop 1B, 7 Yarra Street, South Yarra for private sale.

Secure this exceptional retail investment leased to well known tenant "Ozzy Thai" and located within the booming ‘Forrest Hill’ precinct.

* Tenant: Ozzy Thai (multiple locations)
* Lease term: 5 years (commenced Dec. 2019)
* Options: Two (2) further five (5) year terms
* Rental: $53,560*pa net plus GST and outgoings
* Reviews: Fixed 3% annual increases

Located in the renowned Forrest Hill precinct and ideally positioned only 100 metres from South Yarra Train Station, Toorak Road and Chapel Street shopping precinct. The immediate surrounds of Claremont Street and Yarra Street have seen significant development of both commercial and residential in the past five years ensuring hospitality tenants continue to thrive.

Property ID: 503741238Last Updated: 22 Apr 2021

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.

Gorman Commercial Real Estate

L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123