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Located in the vibrant hub of iconic Chapel Street, this retail shop with an impressive floor space of 145m2 approximately, is situated among successful brands and opposite the Jam Factory and Village Cinemas. The tenant is only nine months into a five plus five year lease providing a stable rental income. The large area is complemented by lots of natural light, separate storage room, toilet facilities, easily accessed storage area at the rear of the shop, ducted heating and cooling. An exciting proposition, superbly positioned across from a tram stop and close to South Yarra station and in the heart this fabulously popular shopping precinct of Chapel Street and South Yarra.
The Jam Factory area is about to experience significant development in excess of $450 million. During construction it will create an estimated 1000 plus jobs, plus once completed an estimated 5000 full time jobs in office, retail and hospitality.
The amount of people that will be drawn to this area once it has been completed, creates a fantastic opportunity. So take advantage of this shop and opportunity in this premium location.
