High Profile Corner Landholding

269-273 high street, prahran vic

Price on Request

  • Future Development Opportunity STCA
  • Strategic Investment
  • Options to Longstanding Tenant

Property Details

4 year lease + options to longstanding & successful tenant.
Fixed 3% rent increases assuring rental growth.
Tenant pays all usual outgoings.
High profile 623 sqm corner landholding with dual frontage and access over 50 metres.
Highly desirable location within close proximity of Chapel Street retail and entertainment precinct, Prahran Station etc.
Exciting future development opportunity with premium Commercial 1 zoning.
Prominent 345 sqm building consists of 3 integrated shops and workshop with 2 high RSD’s.
Prahran: tightly held and desirable inner city suburb with median house price of $1.425 million.
Rent below market levels - Market Review due 2020.
Rent: $125,186 pa + GST

Auction On-site
12 noon Thursday 16 May 2019

Featured Details

Current Tenant Tenanted
Gross Building Area 345 sqm
Land Size 623 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC002775

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E reception@burgessrawson.com.au

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