Stonebridge Property Group is pleased to present for sale 11 Daly Street, South Yarra.
11 Daly Street, South Yarra is located on the highly trafficked thoroughfare that links Yarra One & the Claremont Street precinct to the internationally recognised Chapel Street & Como Centre.
Key highlights of the well-located investment include:
- Leased by highly rated tenant ‘itteki’ on an 8-year net lease with fixed increases of 3%
- Boasting prime 6.5 m* frontage to the Daly Street retail thoroughfare – directly opposite ‘The Olsen – Art Series Hotel’
- Located in the heart of arguably Victoria’s most densely populated residential/commercial pocket - outside of the CBD
- Conveniently located just 250 m* from the major South Yarra train station that is utilised by over 4,360,000 commuters annually**
- Unlock future development possibilities through access to the air-rights above the strategically located shop
- Favourable Activity Centre Zoning and precedent for additional height provides scope for future mid-rise development (STCA)
*Approximate
**Referring to patronage that occurred during the 18/19 financial year
11 Daly Street, South Yarra is offered for sale via Public On-Site Auction Friday 9th December 2022 at 10:30am (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Nic Hage
0448 782 594
Sarah Xi
0468 320 297
Property Code: 545