Property Details

  • Contact Agent
  • Retail
  • 200 sqm
  • 160 sqm
  • 2

Agent Details

Matthew Feld

Director | Auctioneer

T 0415 803 348

M 0415 803 348

Email Agent

Michael Taylor

Director

T 0419 533 102

M 0419 533 102

Email Agent

SOLD

479 High Street, Prahran

QUALITY INVESTMENT WITH LONG STANDING TENANT (20+ YEARS)
Teska Carson is pleased to offer 479 High Street, Prahran to the market, presenting a rare opportunity to acquire a quality retail investment in a highly sought-after location with excellent tenant credentials.

Property Highlights:

- Income: $65,596 per annum + GST & Outgoings

- Land Area: 160sqm*

- Build Area: 200sqm*

- Commercial 1 Zone (C1Z)

- Two level freehold benefitting from separate first floor, two bedroom residence and on site car parking for two cars

Lease Details:

- Tenant: Blondes to Brunettes – In occupation for over 20 years

- Rental: $65,596 per annum + GST + Outgoings

- Term: Three (3) years

- Commencement Date: 1 June 2024

- Further Term: Three (3) years

- Annual CPI rent reviews

- Outgoings paid by tenant

Location:

Well positioned in a highly sought-after retail strip, surrounded by well-known retailers and hospitality establishments.

For Sale by Public Auction on Friday 16 August 2024 at 12pm on-site.

Please call for further information to to arrange an inspection.

*approx.