Zambrero, 374 Chapel Street,
South Yarra, VIC 3141
Shops & Retail • Medical & Consulting • Offices
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Sutherland Farrelly - East Melbourne
43 Agnes StreetEAST MELBOURNE, VIC 3002
Zambrero, 374 Chapel Street
South Yarra, VIC 3141
Map of Zambrero, 374 Chapel Street
New 5 Year Head Office Lease to Zambrero | Rare Chapel Street Fast Food Investment
- $150k+ Zambrero Upgrades Planned
- Zambrero pay all usual outgoings
- 5.88% rent increase 2024, 3% thereafter
Burgess Rawson in conjunction with Sutherland Farrelly are pleased to offer to the market, Zambrero, South Yarra VIC for sale via our Investment Auction Portfolio 161.
The property has the following investment highlights:
+ Brand new Five (5) year head office lease to June 2028 - no option.
+ Zambrero: fast-food giant with 230 locations globally and growing.
+ Proven store, with Zambrero on-site for over 11 years.
+ Zambrero have proposed $150k + in new upgrade works, confirming their long-term interest in the building.
+ Secure, set-and-forget net lease structure with Zambrero responsible for all usual outgoings excluding land tax.
+ Generous rent reviews, with fixed 5.88% increase to $90k in 2024 and 3% annual increases thereafter.
+ 203sqm* two-level building incorporating modern Zambrero restaurant.
+ Prime 227sqm* freehold Chapel Street site, with dual frontage and important on-title parking.
+ Situated in key fast-food precinct, within 40 metres* of McDonalds, KFC and Taco Bell.
+ Directly adjoining Chemist Warehouse, nearby Prahran Market, Jam Factory, Woolworths, Coles, ALDI and Prahran Central.
+ South Yarra: affluent inner-city suburb only 3.7km from Melbourne CBD with $2.2 million median house price.**
+ Net Income: $78,825pa* + GST ($83,825pa* + GST net income as at June 2024)
To be sold by Investment Portfolio Auction:
10:30am AEST
Wednesday 21 June 2023
Crown Casino, Melbourne VIC
*Approx
**Realestate.com.au
The property has the following investment highlights:
+ Brand new Five (5) year head office lease to June 2028 - no option.
+ Zambrero: fast-food giant with 230 locations globally and growing.
+ Proven store, with Zambrero on-site for over 11 years.
+ Zambrero have proposed $150k + in new upgrade works, confirming their long-term interest in the building.
+ Secure, set-and-forget net lease structure with Zambrero responsible for all usual outgoings excluding land tax.
+ Generous rent reviews, with fixed 5.88% increase to $90k in 2024 and 3% annual increases thereafter.
+ 203sqm* two-level building incorporating modern Zambrero restaurant.
+ Prime 227sqm* freehold Chapel Street site, with dual frontage and important on-title parking.
+ Situated in key fast-food precinct, within 40 metres* of McDonalds, KFC and Taco Bell.
+ Directly adjoining Chemist Warehouse, nearby Prahran Market, Jam Factory, Woolworths, Coles, ALDI and Prahran Central.
+ South Yarra: affluent inner-city suburb only 3.7km from Melbourne CBD with $2.2 million median house price.**
+ Net Income: $78,825pa* + GST ($83,825pa* + GST net income as at June 2024)
To be sold by Investment Portfolio Auction:
10:30am AEST
Wednesday 21 June 2023
Crown Casino, Melbourne VIC
*Approx
**Realestate.com.au
Property ID: 504331356Last Updated: 7 Feb 2024
Sutherland Farrelly - East Melbourne43 Agnes Street
EAST MELBOURNE, VIC 3002
EAST MELBOURNE, VIC 3002
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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