HIGH PROFILE OPPORTUNITY
OCCUPY OR INVEST
TRIPLE INCOME POTENTIAL
OPPOSITE SY STATION

Shop 1, 166 Toorak Road, South Yarra

OCCUPY OR INVEST – TRIPLE INCOME POTENTIAL, ULTIMATE EXPOSURE DIRECTLY OPPOSITE SOUTH YARRA STATION.

Emmetts in conjunction with MMJ Real Estate are delighted to present for sale Shop 1, 166 Toorak Road, South Yarra by Expression of Interest closing Thursday 25th November at 3pm.

Take advantage of the rare opportunity to secure what is arguably Toorak Road’s most highly exposed retail with potential for income from three sources including two commercial signs.

Key features include:

+ Absolute prime retail position, located opposite South Yarra Station; one of metropolitan Melbourne’s busiest stations.

+ Significant pipeline of high density residential, office and hotel development which will continue to drive consumer pedestrian flow and demand for retail along Toorak Road.

+ Two-storey retail unit with valuable commercial kitchen infrastructure to be sold with vacant possession, providing opportunity for value-add letting up or for owner-occupation.

+ Valuable commercial signage income from two signs under long term leasing arrangements (1/3 interest in the upper roof sign and 100% interest in the lower sign on west facing façade of shop).

+ Combined signage income of approximately $208,557 per annum plus GST (effective 1 January 2022)

+ Income potential from vacant shop of $120,000 pa plus GST & Outgoings.

+ Estimated fully leased income $328,557 per annum plus GST & Outgoings.

+ An incredibly rare opportunity for investors and owner occupiers to secure one of Toorak Road’s highest exposure properties with triple income potential.

For sale by Expression of Interest closing Thursday 25th November at 3pm

* denotes approx.

For further information on this sale, contact the exclusive selling agents.

Call Us

Charles Emmett
+61 402 358 069
Enquire With Agent
Andrew Milligan
+61 421 559 992
Enquire With Agent

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