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Knight Frank - Eastern Office
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6 Garden Street South Yarra, VIC 3141

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For Sale - Expression of Interest

6 Garden Street South Yarra, VIC 3141

Shop & Retail • Hotel & Leisure
Sale Price

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Floor area

256.0m²

Property extent

Partial

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$160,000
Number of Tenants
1 Tenant
Tenants / Type
Orange Theory Fitness

OUTSTANDING INVESTMENT - INTERNATIONAL TENANT

  • Secure Ten (10) year lease
  • Net income $160,000 per annum plus GST
  • 3% fixed increases
Knight Frank are delighted to bring to market For Sale, GO1&GO2, 60 Bray Street, South Yarra.

Situated in the heart of South Yarra you will find this prime investment opportunity, located in one of Melbourne’s most iconic and high end developments.

This premium investment currently trading as Orange Theory Fitness, is a privately owned fitness franchise with over 1,000 locations worldwide throughout 21 countries.

This boutique location offers all the key attributes of a South Yarra address, such as close proximity to public transport, car parking and the iconic Chapel Street strip.

The property is complimented by outstanding public transport with Trams and Train station only moments away. This investment will be a great addition to any investors portfolio and truly is a set and forget opportunity.

Key investment features include:
• Leased to Orange Theory Fitness
• Brand new Ten (10) year lease
• Commencing 12th November 2018
• Two (2) further terms of five (5) years
• Net income $160,000 per annum plus GST
• Outgoings and GST paid by tenant
• 3% fixed increases
• 256sqm internal area

For further details please contact Paul Lillis or Lewien Gallus.

Property ID: 503192134Last Updated: 24 Jun 2019

Knight Frank - Eastern Office
6 Garden Street
South Yarra, VIC 3141
Lewien Gallus
Paul Lillis

Knight Frank - Eastern Office

Nexus Corporate Park, Level 3, 10 Nexus Court
MULGRAVE, VIC 3170

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Knight Frank - Eastern Office

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Knight Frank - Eastern Office

Nexus Corporate Park, Level 3, 10 Nexus Court
MULGRAVE, VIC 3170
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Lewien Gallus

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Lewien Gallus
Knight Frank - Eastern Office
6 Garden Street South Yarra, VIC 3141

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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