131 High Street,
Prahran, VIC 3181
Medical & Consulting • Offices • Shops & Retail
Price information
Sale - Expression of Interest closing Thu 5 Dec
Contact Agent
Key property information
Land area
Floor area
Car spaces
Property extent
Zoning
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$90,000
Number of Tenants
1 Tenant
Tenants / Type
ABSOLUTE PHYSIOTHERAPY
Expression of Interest
Private inspections
to arrange a private inspection.
Vinci Carbone Property Pty Ltd - Melbourne
Level 10, 100 Collins StreetMELBOURNE, VIC 3000
131 High Street
Prahran, VIC 3181
Map of 131 High Street
Train stations within 5 km of 131 High Street, Prahran, VIC 3181 Distance Prahran Station 240 m Windsor Station 508 m Hawksburn Station 1.2 km South Yarra Station 1.5 km Toorak Station 2 km POWERED BY HERE ©Tram stops within 5 km of 131 High Street, Prahran, VIC 3181 Distance 30-Prahran Station/High St (Prahran) 139 m 45-High St/Chapel St (Prahran) 183 m 29-Perth St/High St (Prahran) 317 m 44-Duke St/Chapel St (Prahran) 337 m 46-Chatham St/Chapel St (Prahran) 366 m POWERED BY HERE ©Bus stops within 5 km of 131 High Street, Prahran, VIC 3181 Distance Prahran MarketCommercial Rd 509 m 31-Chapel St/Commercial Rd (South Yarra) 571 m High St/Punt Rd (Prahran) 602 m Moubray St/Punt Rd (South Yarra) 658 m Greville StPunt Rd 664 m POWERED BY HERE ©
POWERED BY HERE ©
HIGHLY DESIRABLE HEALTHCARE INVESTMENT
- LONGSTANDING TENANT OF 20+ YEARS
- RENEWED 3 YEAR LEASE
- RETURNING $90,000 PA* + OUTGOINGS
Vinci Carbone is delighted to present this exceptional city fringe healthcare investment - a rare opportunity leased to Absolute Physiotherapy until 2027, who have occupied the property for over 20 years. This prime freehold property offers investors the chance to secure an outstanding investment in the highly sought-after inner-city location of Prahran.
Comprising two levels and a total of 174 sqm* of versatile space, this property boasts a newly renewed three (3) year lease plus a further term of three (3) years with a solid and well-established tenant, making it an attractive option for discerning investors.
Investment Overview:
+ Well-Established Tenant: Currently leased to the esteemed Absolute Physiotherapy under a newly renewed three (3) year lease plus a further term of three (3) years. This property has been home to Absolute Physiotherapy since 2002. This long-term tenant demonstrates reliability and a strong commitment to the location.
+ Solid Income Stream: The property generates a robust return of $90,000 per annum* plus outgoings, providing a solid income stream for investors.
+ Improvements: The two-level Victorian building offers 174 sqm* of functional space and includes off-street parking for up to four vehicles, enhancing convenience for both tenants and clients.
+ Healthcare Sector Investment: This property is strategically leased to a thriving healthcare sector business, making it an ideal choice for investors seeking stability and growth.
+ Valuable Landholding: Spanning over 209 sqm of Activity Centre zoned land.
+ High Visibility: Benefit from significant daily exposure to both vehicle and pedestrian traffic, ensuring that your healthcare investment remains highly visible and easily accessible.
+ Exceptional Public Transport Access: Enjoy outstanding public transport connectivity, with regular tram services (Route 6) stopping directly on High Street. Prahran Train Station is conveniently located just 350 metres* away, providing seamless access to the CBD and surrounding suburbs.
+ Convenience At Your Doorstep: Experience a vibrant selection of shopping and dining options right at your doorstep, including the lively Chapel Street retail and café strip, bustling Prahran Market, and major supermarkets like Coles, Woolworths and ALDI. Nearby Greville Street features charming boutiques and local artisans, while essential services such as The Avenue Hospital and The Alfred Hospital are just moments away. Enjoy the scenic nearby Fawkner Park and Albert Park Lake for leisure and relaxation.
For Sale by Expressions of Interest closing Thursday 5 December at 4pm
*approx.
Comprising two levels and a total of 174 sqm* of versatile space, this property boasts a newly renewed three (3) year lease plus a further term of three (3) years with a solid and well-established tenant, making it an attractive option for discerning investors.
Investment Overview:
+ Well-Established Tenant: Currently leased to the esteemed Absolute Physiotherapy under a newly renewed three (3) year lease plus a further term of three (3) years. This property has been home to Absolute Physiotherapy since 2002. This long-term tenant demonstrates reliability and a strong commitment to the location.
+ Solid Income Stream: The property generates a robust return of $90,000 per annum* plus outgoings, providing a solid income stream for investors.
+ Improvements: The two-level Victorian building offers 174 sqm* of functional space and includes off-street parking for up to four vehicles, enhancing convenience for both tenants and clients.
+ Healthcare Sector Investment: This property is strategically leased to a thriving healthcare sector business, making it an ideal choice for investors seeking stability and growth.
+ Valuable Landholding: Spanning over 209 sqm of Activity Centre zoned land.
+ High Visibility: Benefit from significant daily exposure to both vehicle and pedestrian traffic, ensuring that your healthcare investment remains highly visible and easily accessible.
+ Exceptional Public Transport Access: Enjoy outstanding public transport connectivity, with regular tram services (Route 6) stopping directly on High Street. Prahran Train Station is conveniently located just 350 metres* away, providing seamless access to the CBD and surrounding suburbs.
+ Convenience At Your Doorstep: Experience a vibrant selection of shopping and dining options right at your doorstep, including the lively Chapel Street retail and café strip, bustling Prahran Market, and major supermarkets like Coles, Woolworths and ALDI. Nearby Greville Street features charming boutiques and local artisans, while essential services such as The Avenue Hospital and The Alfred Hospital are just moments away. Enjoy the scenic nearby Fawkner Park and Albert Park Lake for leisure and relaxation.
For Sale by Expressions of Interest closing Thursday 5 December at 4pm
*approx.
Property ID: 504729956Last Updated: 6 Nov 2024
Vinci Carbone Property Pty Ltd - MelbourneLevel 10, 100 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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