Smart Café Investment
Mortgagee Sale – Shop 2, 7 Yarra Street, South Yarra South Yarra is a premier shopping and entertainment destination where hospitality, fashion and specialty retailers thrive. This property, currently leased
GrayJohnson, in conjunction with Cedar Elm Property, is pleased to bring to auction this impressive property in a desirable Richmond Hill location.
The opportunity:
• Impressive two-storey freehold premises
• Land area 121 sqm*
• Vacant retail area 72 sqm* – perfect blank canvas
• First floor residence of 64 sqm* returning $20,340 pa
• Kitchenette and facilities plus basement storage
• Suit range of uses^
• Laneway access to courtyard at rear
• Commercial 1 Zone
The property comprises a ground floor retail space plus an upstairs one-bedroom apartment with stunning views of the CBD skyline. The retail space is currently vacant, while the residence is leased until May 2025, providing flexibility to occupy, part occupy or invest. Both retail premises and residence are well-presented and bright, with the residence enjoying separate entry via the attractive paved courtyard and garden at the rear.
The location:
• Premier Richmond Hill position
• Every lifestyle amenity within walking distance
• Tram stop at the door
• Minutes from M1 motorway
This prominent position offers the opportunity for exceptional branding and exposure, with high continuous foot traffic from the nearby Epworth Hospital.
Auction – Wednesday 11 December @ 12 noon.
*Approx.