Brand New 5 Year Lease to Established Operator | Furever Investment

Description

Burgess Rawson is pleased to offer to the market, Shop 4D King Street, Prahran VIC for sale.

+ Brand new 5 year net lease to February 2029, plus a further option to 2034
+ Furever Grooming: Award winning groomers, with valuable experience and qualifications, plus 5 star Google reviews.
+ Fixed 3% annual rent increases, ensuring future rental growth
+ Landlord-favourable, net lease terms with tenant responsible for all usual outgoings including Owners Corp fees
+ Positioned only metres from world-renowned Chapel Street and surrounded by key national tenants including; Coles, Dan Murphy’s, Woolworths, JB Hi-Fi, Rebel Sports and Nike and leading gyms.
+ Modern 57*sqm ground floor retail premises with plus a single car park
+ Minimal management investment.
+ Prahran: Affluent inner-city suburb with a median house price median house price of $1,697,500, with a rental increase of 6% over the past 12 months.
+ Rent: $32,000 pa* + GST

Enquire

Contact agents
Justin Kramersh Senior Sales Associate
0460 349 605
Raoul Holderhead Partner
0413 860 304
Jordan Bell
0497 844 705
Enquiry Form

Prahran, VIC

Shop D, 4 King Street

For Sale by Expression of Interest

This property is part of Portfolio 166

Price: Contact Agent

View Portfolio
Contact agents
Enquire