171 Greville Street,
Prahran, VIC 3181

Outstanding multi tenancy investment located on one of Melbourne's premier boutique shopping strips. Considered one of Melbourne's best and tightly held retail precincts, 171 Greville Street is certainly one of the most superior retail investment freehold's Melbourne has to offer. To be sold as a whole.
-6 securely leased retail/office tenancies, compromising of: 2 retail shops, 1 ground floor dentistry, and 3 self contained offices plus 2 vacant stunning 1 bedroom residential apartments with balconies. Occupy or rent.
-Current passing income $127,129 per annum + GST + Outgoings
-Fully let income, potential $161,000 per annum approximately
-Brilliant roof top terrace with 360degree tranquil city skyline views
-Total building area 446sqm approximately (plus roof terrace)
-Total land area 270sqm (11.71m frontage) approximately
-Huge amount of passing foot traffic
-Suit the astute investor
-Separately titled, but to be sold as a whole
-Must be sold
-Potential to further improve or future develop (subject to council approval)
An impressive, versatile building, which is surrounded by major brands and blue chip retailers such as Kookai,
American apparel, Dan Murphy's, JB HI FI, Rebel Sport plus all the major banks, supermarkets with Coles and Safeway metres away. A true indication of a successful shopping precinct.
Greville Street is renowned for boutique shops, quality cafes, restaurants and entertainment precinct. A main thoroughfare between Prahran train station and famous Chapel Street shops.
For further details please contact:
Kenny Oliver 0409 144 188 or koliver@hockingstuart.com.au
Charles Carty 0438 277 050 or ccarty@hockingstuart.com.au
Auction Wednesday 30th November at 1pm onsite
Open for inspection Wednesday 9th, Wednesday 16th and Wednesday 23rd November from 1pm to 1:30pm **Please contact agent to confirm and/or arrange another time if this does not suit**