Stonebridge Property Group is pleased to present for sale 384 Punt Road, South Yarra. 

The key highlights of the opportunity include:

• Tenanted by a highly rated Japanese restaurant – backed by renowned chefs who have experience at Nobu, Kisume and Kenzan
• The building has been recently refurbished throughout and includes a brand new fitout and custom built kitchen
• The current tenant occupies the property on a new 6-year lease with fixed 3.5% annual rental increases
• Strategically positioned alongside a council car park, providing rare customer convenience
• Located within South Yarra – an affluent inner south-eastern suburb boasting a median house price of $2,035,000
• Close proximity to Melbourne’s most desirable retail hubs such as Toorak Road and Chapel Street
• Tenants enjoy favourable signage opportunities, with Punt Road frontage providing exposure to circa 33,000* passing cars daily
• Providing annual income of $41,400^ + GST + Outgoings

 *Approximately
^As at May 2nd 2023

384 Punt Road, South Yarra is offered for sale via Public On-Site Auction on Wednesday 19th April 2023 at 2:30pm (AEST).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.