A 6% YIELDING INVESTMENT IN PRESTIGIOUS SOUTH YARRA.
101/70 River Street, South Yarra VIC 3141
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POINT OF INTEREST: Step into this luxury investment nestled in the prestigious heart of South Yarra. Occupied by esteemed investment advisory company 1010 Capital, this property receives an annual return of $210,000.00 with a desirable five year lease.
Boasting a corner position, this A grade property comprises 494sqm* of building area and greets you with an lavish ground floor entrance with 5 metre* high ceilings and meticulously designed office space. With recent new office developments within South Yarra and Cremorne achieving between $14,000psm - $17,000psm and 101/70 River Street available in the $7,000psm range this is undoubtably the best value commercial property in inner city.
The occupiers indulge in a work life balance with multiple balconies and terrace areas providing serene retreats. Convenience is key with on grade parking areas and additional storage located in the basement.
South Yarra's allure lies within its unparalleled blend of commercial sophistication and residential charm. Enjoy seamless access to Toorak Road and Chapel Street, renowned dining, upscale shopping and a mere 2km* commute to the CBD.
- 494sqm* of building area - $210,000.00 per annum plus outgoings - 5 year lease term - Esteemed tenant 1010 Capital - 3 onsite car spaces
POINT OF VIEW: Elevate your investment portfolio with a South Yarra postcode - where luxury meets lucrative returns.
*Approx. Pricing excludes GST
Inspections
No open inspections scheduled.
Send an enquiry
Contact Daniel Philip to learn more about this property, request an inspection or take an online tour.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.