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Savills - Melbourne

4 Shakespeare Grove St Kilda, VIC 3182

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4 Shakespeare Grove,
St Kilda, VIC 3182

Shop & Retail • Offices • Showrooms & Bulky Goods

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Savills - Melbourne
4 Shakespeare Grove
St Kilda, VIC 3182
Savills - Melbourne

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

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Premium St Kilda Retail Investment

  • First Class Retail Investment
  • Leased to Long Standing Tenant
  • Opposite Iconic St Kilda Attractions
Savills is delighted to offer for sale this prized retail investment in a highly sought location in the heart of St Kilda’s retail and lifestyle precinct. This property represents a remarkable opportunity to secure a prominent retail investment with a long-term lease to a long standing and renowned tenant – ‘Bay City Burrito’.

The key attributes of this fantastic property include:
- Prominent 149sq m* retail property
- Leased to super popular eatery ‘Bay City Burrito’
- 5+5+5 year lease from August 2019
- Current Net Rental: $118,660pa* plus GST and outgoings
- Fixed annual 3% rental increases
- Includes secure car parking
- Premium bayside location only 50m* to prime Acland Street retail and opposite iconic Melbourne tourist destinations; Luna Park and the Palais Theatre
- Surrounded by celebrated tenants in St Kilda’s renowned retail and lifestyle precinct
- A superb retail investment not to be missed!

4 Shakespeare Grove, St Kilda is For Immediate Private Sale.

For further information please contact:

Nick Peden - 0402 011 266
Mark Stafford - 0404 401 053

Property ID: 503376562Last Updated: 28 Jan 2021

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Savills - Melbourne
Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
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Nick Peden

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Nick Peden
Savills - Melbourne
4 Shakespeare Grove St Kilda, VIC 3182

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

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