Savills is delighted to offer for sale this incredibly rare Toorak Road retail investment within the heart of one of Melbourne’s most renowned retail precincts.
The key attributes of 306 Toorak Road, South Yarra include:
- A high profile Toorak Road retail freehold
- Brand new 5 + 5 year lease to popular restaurant
- Highly valuable landholding of 280 sqm* with rear access
- Current Net Rental of $110,000 per annnum + GST with fixed 4% rental increases
- Flexible Commercial 1 Zoning
- An exceptional location just metres from the bustling Toorak Road/ Chapel Street intersection
- Immediate surrounding area established with major hotels and high density apartment buildings
- A truly rare, blue-chip investment and development opportunity (STCA) within Melbourne’s most sought after retail/residential precinct
The opportunity to secure such a high calibre investment is extremely rare, especially when you consider the brand new lease to a successful restaurant, within one of Melbourne’s blue chip inner-city suburbs. Accordingly we encourage prospective purchasers to actively consider this excellent opportunity.
Toorak Road, South Yarra is for Immediate Private Sale. Benson Zhou - 0458 488 888 Julian Heatherich - 0412 995 655 Nick Peden - 0402 011 266