Property Details
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Contact Agent
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Retail
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200 sqm
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160 sqm
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2
Agent Details
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.
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.