Bustling Restaurant in “The Block” Featured South Yarra Icon

5 Commercial Road , South Yarra VIC

Property Highlights

Secure 4 + 4 Year Lease to 2028
Tenant pays all usuoutgoings
133sqm Internal + 195sqm Alfresco Area
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+ Secure 4 year lease plus option to August 2028.
+ Bustling restaurant on the ground floor of the South Yarra Icon – “The Blocktagon”, featured on “The Block”.
+ High profile ground floor corner location
+ Modern 133sqm* restaurant premises plus architect designed 195sqm* alfresco area.
+ Kai Dining: Experienced and successful operator.
+ Annual rent review and tenant responsible for all usual outgoings.
+ Single tenant minimum management investment.
+ Strategically located on busy commercial road, 10 metres to the Alfred Hospital and next to Punt Road with 33,000 vehicles passing daily
+ South Yarra: affluent inner city suburb with median house price of $2,192,000.
+ Net Rent: $51,490 pa + GST


For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 30 March 2022
Crown Casino, Melbourne.

Property Details

Current Tenant
Occupancy Type
Building Area
133 SQM

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