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Gross Waddell ICR - Commercial

205 Commercial Road South Yarra, VIC 3141

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205 Commercial Road,
South Yarra, VIC 3141

Shops & Retail

Key property information

Land area

Floor area

Tenure type

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Gross Waddell ICR - Commercial
Alex Ham
Michael Gross

Gross Waddell ICR - Commercial

Level 1, 30 Collins Street
MELBOURNE, VIC 3000
Gross Waddell ICR - Commercial
205 Commercial Road
South Yarra, VIC 3141

Map of 205 Commercial Road

Directions

A BEAUTIFUL INVESTMENT

  • Metres from Chapel Street
  • Affordable investment
  • Within retail/hospitality hot spot
***SOLD***

Gross Waddell ICR is pleased to offer for sale this affordable retail investment just metres from Chapel Street within a bustling retail/hospitality hot spot.

Key property features include:

• Freehold retail property of 102sqm* leased to Blondye Hair Emporium

• Current rental: $45,000* p.a. net

• 3 year lease term, plus 1 further term of 3 years

• Land area: 133sqm*

• Prime position located on the northern side of Commercial Road, between the Prahran Market and Chapel Street

• Within walking distance to Prahran Market (73m*), Coles (190m*), Woolworths (110m*) and Prahran Square (270m*)

205 Commercial Road, South Yarra is offered for sale via Public Auction on Thursday 12th December 2024 at 12:00pm onsite.

For more information or to arrange an inspection, please contact Gross Waddell ICR directly.

*Approx.

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

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