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Teska Carson Pty Ltd - Richmond

479 High Street Prahran, VIC 3181

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479 High Street,
Prahran, VIC 3181

Shops & Retail

Price information

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Key property information

Land area

Floor area

Car spaces

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Teska Carson Pty Ltd - Richmond
Michael Taylor
Matthew Feld

Teska Carson Pty Ltd - Richmond

6 Yorkshire Street
RICHMOND, VIC 3121
Teska Carson Pty Ltd - Richmond
479 High Street
Prahran, VIC 3181

Map of 479 High Street

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QUALITY INVESTMENT WITH LONG STANDING TENANT (20+ YEARS)

  • Rental: $65,596 pa + GST & Outgoings
  • Recently renewed 3+3 year lease
  • Two level freehold (shop + dwelling)
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 ID: 504640612Last Updated: 16 Aug 2024

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