Introducing 649A Chapel Street, South Yarra - a premium retail space that offers an unparalleled investment opportunity. Secure a steady income of $35,200 per annum, with fixed annual increases ensuring growth in your investment. This property is perfectly positioned for visibility and accessibility, making it highly desirable for businesses.
Key Features:
• Stable Tenant: Committed to a three-year lease running until 2027.
• Guaranteed Income Growth: Fixed annual increases to ensure your return on investment improves year over year.
• Compact and Manageable: 40 sqm layout that is easy to maintain and perfect for a range of retail activities.
• Strategic Prime Location: Situated in the vibrant heart of South Yarra on Chapel Street, this retail space is just steps away from South Yarra Station, ensuring constant foot traffic and high visibility in a bustling retail and commercial area.
Ideal for entry-level investors or self-managed super funds (SMSFs) looking for a reliable and profitable venture in one of Melbourne's most sought-after locales. Don't miss out on this opportunity to invest in a proven property with a secure tenant and a guaranteed income stream.
Enquire today to secure your piece of Chapel Street.
Property ID: #L30128331
