Shop 3, 521 Toorak Road,
Toorak, VIC 3142
Shops & Retail • Offices • Other
Price information
Sold
$575,000
Key property information
Floor area
Property extent
Sold on
Map of Shop 3, 521 Toorak Road
Prime Toorak Village Investment, Showing a 5% Return
This stunning 62sqm showroom located in Toorak Place Arcade is currently leased as a Beauty Therapy Salon on a 3 year lease, due to expire on the 31st March, 2021, with 3 further 3 year terms.
Current rental income is $30,600 which shows a return of 5% with the tenant paying outgoings as well.
Invest in arguably Melbourne’s most prestigious Arcade in Melbourne’s most prestigious suburb.
Next rent review due 1st April 2020 with plus CPI.
Security deposit paid $6,600.
Large on site basement car parking available for customers.
High quality development, which includes 13 shops, offices, health & fitness centre and 54 residential apartments.
Current rental income is $30,600 which shows a return of 5% with the tenant paying outgoings as well.
Invest in arguably Melbourne’s most prestigious Arcade in Melbourne’s most prestigious suburb.
Next rent review due 1st April 2020 with plus CPI.
Security deposit paid $6,600.
Large on site basement car parking available for customers.
High quality development, which includes 13 shops, offices, health & fitness centre and 54 residential apartments.
Property ID: 503257382Last Updated: 8 Oct 2019
03 9827 11...
Shop 3, 521 Toorak Road
Toorak, VIC 3142
Castran Gilbert - South YarraLevel 2, 102-108 Toorak Road
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
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