High Profile Corner Landholding

269-273 High Street, Prahran VIC

Property Highlights

Future Development Opportunity STCA

Strategic Investment

Options to Longstanding Tenant

Description

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 Activity Centre 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

Private Sale

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Development Site
Land Size
623 Squaremeter
Gross Building Area
345 Squaremeter

Contact Agents

Al Bogdani

0413 830 707

Shaun Venables

0411 860 865

Jamie Perlinger

0413 860 315

Request Information

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