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Vinci Carbone Property Pty Ltd - Melbourne

131 High Street Prahran, VIC 3181

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131 High Street,
Prahran, VIC 3181

Medical & Consulting • Offices • Shops & Retail

Price information

Sale - Expression of Interest closing Thu 5 Dec

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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

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Vinci Carbone Property Pty Ltd - Melbourne
Joseph Carbone
Zach Molinaro

Vinci Carbone Property Pty Ltd - Melbourne

Level 10, 100 Collins Street
MELBOURNE, VIC 3000
Vinci Carbone Property Pty Ltd - Melbourne
131 High Street
Prahran, VIC 3181

Map of 131 High Street

Directions
  • Train stations within 5 km of 131 High Street, Prahran, VIC 3181Distance
    Prahran Station240 m
    Windsor Station508 m
    Hawksburn Station1.2 km
    South Yarra Station1.5 km
    Toorak Station2 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 131 High Street, Prahran, VIC 3181Distance
    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 3181Distance
    Prahran MarketCommercial Rd509 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 Rd664 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. 
 

Property ID: 504729956Last Updated: 6 Nov 2024

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