INTRODUCTION
Aston Commercial are pleased to offer 388 Punt Road, South Yarra for sale via Auction on Wednesday 25th November 2020 at 12 noon on-site. This exciting investment opportunity is located on major thoroughfare Punt Road and situated just South of flamboyant Toorak Road retail precinct. The large 316sqm* envelope of land has an expansive 15 metre* frontage which provides advantages for occupiers with both signage and on-site car parking opportunities. The true hero of the property is the ASX listed tenant who has renewed their lease for a further 3-year term at $58,917 per annum* with a further 3-year option. The exciting benefit of the ASX listed tenant is land tax is fully passed onto the tenant providing a substantial back pocket benefit to the potential purchaser. Complete with beautiful existing fit-out, Aston Commercial highly recommends this property for your investment portfolio.
388 S O U T H
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