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Colliers - Melbourne East

223 High Street Prahran, VIC 3181

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223 High Street,
Prahran, VIC 3181

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Colliers - Melbourne East
Ted Dwyer
Ben Baines

Colliers - Melbourne East

Level 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148
Colliers - Melbourne East
223 High Street
Prahran, VIC 3181

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Trophy asset leased to one of Melbourne’s best hospitality groups, with options until 2034

  • Rental of $152,082 p.a.
  • Fixed 4% annual rent increases
  • Thriving entertainment/dining precinct
Colliers is delighted to offer a trophy asset investment opportunity at 223 High Street Prahran for sale by Public Auction on Friday 18th June at 1.30pm on-site. Leased to one of Melbourne’s best hospitality groups, Commune Group and trading as Firebird by Hanoi Hannah, one of Melbourne’s hottest restaurants, this is an opportunity not to be missed.

Key investment highlights are as follows

• Rental of $152,082 p.a. plus GST (approx.), as at August 2021
• Fully leased, with options until 2034
• Stunning refurbished interior by renowned design firm, Ewert Leaf
• Tenant trading as the hugely popular restaurant, Firebird by Hanoi Hannah
• Operated by Commune Group who also run Hanoi Hannah, Tokyo Tina, Hanoi Hannah New Quarter etc.
• Activity Centre zoned site of 294m2 (approx.) with rear laneway
• In the heart of Melbourne’s hottest entertainment/dining precinct
• Only metres from Chapel Street and surrounded by a plethora of popular venues including Neptune Food & Wine, The Smith, Huxtaburger, Hawker Hall, Mr Miyagi, Hanoi Hannah, Tokyo Tina
• Highly affluent catchment of surrounding residents
• Immediate precinct a ‘go-to’ destination for all Metro Melbourne residents and tourists

Colliers strongly recommends this trophy investment for your serious consideration. For further information please contact the Colliers agents below.

Property ID: 503814010Last Updated: 26 Jul 2021

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Colliers - Melbourne East
Level 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148

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