• News


Posted on 25 August 2017

Vinci Carbone is currently marketing a retail investment at 461-463 Chapel Street, South Yarra.

The property is occupied by high profile national chain Bardot, under a new five year lease with a five year option, with fixed annual increases and a rental income of approximately $220,000 per annum.

The land area is about 279 sqm with right of way access and a car space at the rear. Zoning is Commercial 1.

The site goes to auction on Friday 15 September at 1pm on site and a price in the mid $5 million is expected, reflecting a yield of around 4 per cent.