Shop 1/48 MacFarlan Street,
South Yarra, VIC 3141

Shops & Retail

Key property information

Floor area

Property extent

Zoning

Tenure type

Sold on

Map of Shop 1/48 MacFarlan Street

Directions

Retail Gem With New Lease

Brand new lease
Net income: $20,545 p.a.*
Attractive Price Point

Property Times is excited to offer Shop 1/48 MacFarlan Street, South Yarra for private sale. Ideally positioned just off Toorak Road, this property enjoys high visibility and steady foot traffic, making it an attractive spot for businesses. The premises are surrounded by renowned national retail brands and come with the security of a new lease to Phone Tailor.

The key highlights of the offering include:

• Building size: 20 sqm*
• 3+3+3 lease term
• Flexible open-plan layout
• Entry level commercial investment
• Less than 1 minute walk to the vibrant Toorak Road retail precinct
• Immediate access to public transport, including trams and trains.
• Surrounded by prominent national retail brands
(*Approximate measurements)

To obtain further information or to arrange an inspection, please contact the exclusive selling agent, Property Times.

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

Property Times

Level 1, 1030 Dandenong Road
CARNEGIE, VIC 3163