12 Garden Street,
South Yarra, VIC 3141
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Knight Frank - Eastern Office
Level 3 10 Nexus CourtMULGRAVE, VIC 3170
04023813...
12 Garden Street
South Yarra, VIC 3141
Map of 12 Garden Street
ENTRY LEVEL INVESTMENT, HIGH PROFILE LOCATION
- New five (5) year lease
- Net income $36,600 per annum plus GST
- 3.5% fixed increases
Knight Frank is delighted to offer this fantastic entry level investment opportunity in the heart of South Yarra.
This property is located within close proximity to one of Melbourne’s iconic intersections (Toorak Rd and Chapel Street). This location will set your investment up alongside trendy and upmarket shopping, restaurants, nightclubs and café culture.
The property is complimented by outstanding public transport with Trams and Train station only moments away, this investment opportunity will be sure to tick all the boxes for the most astute investor.
• Brand new five (5) year lease
• Lease commenced 12th April 2019
• Three (3) further terms of five (5) years
• Net income $36,600 per annum plus GST
• Outgoings and GST paid by tenant
• 3.5% fixed increases
• 61sqm internal area
• Tightly held location
This property is located within close proximity to one of Melbourne’s iconic intersections (Toorak Rd and Chapel Street). This location will set your investment up alongside trendy and upmarket shopping, restaurants, nightclubs and café culture.
The property is complimented by outstanding public transport with Trams and Train station only moments away, this investment opportunity will be sure to tick all the boxes for the most astute investor.
• Brand new five (5) year lease
• Lease commenced 12th April 2019
• Three (3) further terms of five (5) years
• Net income $36,600 per annum plus GST
• Outgoings and GST paid by tenant
• 3.5% fixed increases
• 61sqm internal area
• Tightly held location
South Yarra, 3141 demographic data
The median household income for South Yarra is $2,063, 9% higher than Greater Melbourne's household income of $1,901. South Yarra has a younger age profile compared to the rest of Greater Melbourne (median age 33 vs 37). Property ownership data shows 47% of property owners in South Yarra have a mortgage.
25,028
Population
$2,063 per week
Median household income
33 years
Median age
Renters
Most residents
Singles
Most households
Knight Frank - Eastern OfficeLevel 3 10 Nexus Court
MULGRAVE, VIC 3170
MULGRAVE, VIC 3170
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