This article is from the Australian Property Journal archive
A STRATA-titled ground floor showroom in South Yarra’s booming Forrest Hill precinct has sold for $2.275 million, on a tight 3.1% yield.
Fitzroys agent Chris Kombi sold the property.
The 290sqm space at 6 Almeida Crescent is leased to South Yarra Art House Gallery, and returns $70,000 per annum plus outgoings and GST. The property forms part of a low-rise two-storey development encompassing seven units, which sits on an 845sqm site.
Australian Property Journal
