SUMMARY
High Profile Corner Landholding
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 RSDâs.
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
Auction On-site
12 noon Thursday 16 May 2019Australia,
269-273 High Street,
PRAHRAN,
VIC,
3181
Ultra Tune 269-273 High Street PRAHRAN VIC 31814 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 RSDâs.
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
Auction On-site
12 noon Thursday 16 May 2019Commerial For SaleRetailland/developmentother
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16Ultra Tune 269-273 High Street PRAHRAN VIC 3181
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