Investment considerations include:
+ Dominant corner freehold opportunity providing real upside for investors, developers and owner occupiers.
+ High density retail location underpinned by proximity to South Yarra train station.
+ Major projects nearby continuing to facilitate strong population growth.
+ Landholding of 613 sq m* with 20m* frontage to Toorak Road and 30m* frontage to Yarra Street.
+ Total building area 657 sq m*
+ Fully leased to four retail tenants with lease expiry alignment plus landlord redevelopment-break options.
+ Activity Centre Zoning with precinct structure plan providing potential for mixed use redevelopment (STPA).
+ Rare opportunity to acquire an exceptional South Yarra real estate holding.
The property is offered for sale by public on site auction scheduled to take place 28th May at 12:30pm.
* denotes approximate.
^denotes subject to council approval
For further information on this sale, contact the exclusive selling agents.
Charles Emmett
M: +61 402 358 069
E: charles.emmett@emmettsrealestate.com.au
Andrew Milligan
M: +61 421 559 992
E: andrew.milligan@emmettsrealestate.com.au
Geoff Emmett
M: + 61 409 330 561
E: geoff.emmett@emmettsrealestate.com.au
Hung Pham
M: +61 431 120 918
E: hung.pham@emmettsrealestate.com.au
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