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99 High Street,
Prahran, VIC 3181
Shops & Retail
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Colliers - Melbourne East
Level 7, Chadstone Tower One 1341 Dandenong RdCHADSTONE, VIC 3148
99 High Street
Prahran, VIC 3181
Map of 99 High Street
Train stations within 5 km of 99 High Street, Prahran, VIC 3181 Distance Prahran Station 195 m Windsor Station 544 m Hawksburn Station 1.3 km South Yarra Station 1.4 km Balaclava Station 2.1 km POWERED BY HERE ©Tram stops within 5 km of 99 High Street, Prahran, VIC 3181 Distance 30-Prahran Station/High St (Prahran) 22 m 29-Perth St/High St (Prahran) 199 m 45-High St/Chapel St (Prahran) 300 m 44-Duke St/Chapel St (Prahran) 421 m 46-Chatham St/Chapel St (Prahran) 446 m POWERED BY HERE ©Bus stops within 5 km of 99 High Street, Prahran, VIC 3181 Distance High St/Punt Rd (Prahran) 484 m Prahran MarketCommercial Rd 533 m Moubray St/Punt Rd (South Yarra) 550 m Greville StPunt Rd 560 m Union St/Punt Rd (Windsor) 575 m POWERED BY HERE ©
POWERED BY HERE ©
Asking 5.75% Yield - Prahran's Newest Retail Investment Featuring Ten (10) Year Lease
- Fully leased to well renowned operator
- New 10-year lease plus options
- Significant depreciation benefits
Colliers are pleased to present 99 High Street, Prahran For Sale.
On offer is an exceptional brand-new retail investment, leased to well renowned operator, "Tennessee Wingboys", on a brand-new long-term lease.
The property is situated in one of Melbourne's premier inner-city suburbs and within a brand-new mixed-use development by well renowned developers Chapter Group.
Key investment highlights include:
• New ten (10) year lease plus multiple options, to well renowned operator "Tennessee Wingboys"
• Returning $74,987* per annum net plus GST with fixed 3% annual increases
• Corner retail shop with 25 metres* of highly visible street frontage along High Street and Porter Street
• Situated in the heart of Prahran, one of Melbourne's finest inner-city suburbs, the property benefits from proximity to major high retail strips including Chapel Street and Greville Street
• Brand new fit out providing strong depreciation benefits for incoming purchasers
• Immediate access to Prahran Train Station resulting in high levels of foot traffic from nearby residents and employees, as well as substantial vehicular traffic along High Street.
For further information regarding this investment opportunity or to arrange an inspection, please contact the Colliers agents below as the exclusive sales agents.
On offer is an exceptional brand-new retail investment, leased to well renowned operator, "Tennessee Wingboys", on a brand-new long-term lease.
The property is situated in one of Melbourne's premier inner-city suburbs and within a brand-new mixed-use development by well renowned developers Chapter Group.
Key investment highlights include:
• New ten (10) year lease plus multiple options, to well renowned operator "Tennessee Wingboys"
• Returning $74,987* per annum net plus GST with fixed 3% annual increases
• Corner retail shop with 25 metres* of highly visible street frontage along High Street and Porter Street
• Situated in the heart of Prahran, one of Melbourne's finest inner-city suburbs, the property benefits from proximity to major high retail strips including Chapel Street and Greville Street
• Brand new fit out providing strong depreciation benefits for incoming purchasers
• Immediate access to Prahran Train Station resulting in high levels of foot traffic from nearby residents and employees, as well as substantial vehicular traffic along High Street.
For further information regarding this investment opportunity or to arrange an inspection, please contact the Colliers agents below as the exclusive sales agents.
Property ID: 504700364Last Updated: 30 Sep 2024
Colliers - Melbourne EastLevel 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148
CHADSTONE, VIC 3148
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