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High Profile Corner Landholding

269-273 High Street, PRAHRAN VIC, 3181

For Sale

Property for Sale in 269-273 High Street, PRAHRAN VIC, 3181

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11343417
Status:
Active
For:
Sale
Price:
$5,000,000
Last Updated:
15/07/2019
Icon building

Property Type

Retail/Land/Development/Other
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Land Area

623 SQM
Icon size

Floor Area

345 SQM
Icon parking

Parking

N/A

High Profile Corner Landholding

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 p.a. + GST

Private Sale

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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