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396-400 High Street,
Windsor, VIC 3181
Medical & Consulting • Offices • Development Sites & Land
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JLL - Melbourne
Level 33, 101 Collins StreetMELBOURNE, VIC 3000
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396-400 High Street
Windsor, VIC 3181
Map of 396-400 High Street
PROUDLY SOLD BY JLL
- Longstanding tenant of more than 40 yrs
- Strong lease profiles until 2029
- 12-month demolition clauses
JLL Melbourne has the exclusive privilege of offering for sale Prahran East Medical Centre, 396-400 High Street - a first class medical investment opportunity with immediate upside.
Key details of the opportunity include:
+ Three high profile adjoining freeholds totalling 414sqm*
+ Leased to renowned local medical centre, with 40+ years of trading
+ Estimated fully leased net rental of $189,517 per annum + GST & Outgoings
+ Fixed annual rental growth of 4.0% per annum
+ Leases provide 12 month demolition clauses
+ Prominent city-fringe landholding of 743sqm* with side laneway access
+ High exposure frontage to famed High Street of over 18 metres*
+ Favourable Commercial 1 and General Residential Zoning, permitting future redevelopment potential (STCA)
+ Strategically positioned within the Prahran Medical precinct, located just 400m* from The Avenue & Windsor Private Hospitals
+ Moments away from the highly-sought after Chapel Street district, offering an abundance of retail and culinary opportunities
*Approx.
PROUDLY SOLD BY JLL
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Tim Carr | +61 415 767 9...
Mark Stafford | +61 404 401 0...
Josh Rutman | +61 411 27 37 ...
JLL Asia Markets:
中文普通话咨询物业详情,请联系Mingxuan Li李名轩。 手机: 0498 688 9..., 电子邮件: Mingxuan.Li@ap.jll.com, 或微信WeChat ID: Mingxuanli777
Key details of the opportunity include:
+ Three high profile adjoining freeholds totalling 414sqm*
+ Leased to renowned local medical centre, with 40+ years of trading
+ Estimated fully leased net rental of $189,517 per annum + GST & Outgoings
+ Fixed annual rental growth of 4.0% per annum
+ Leases provide 12 month demolition clauses
+ Prominent city-fringe landholding of 743sqm* with side laneway access
+ High exposure frontage to famed High Street of over 18 metres*
+ Favourable Commercial 1 and General Residential Zoning, permitting future redevelopment potential (STCA)
+ Strategically positioned within the Prahran Medical precinct, located just 400m* from The Avenue & Windsor Private Hospitals
+ Moments away from the highly-sought after Chapel Street district, offering an abundance of retail and culinary opportunities
*Approx.
PROUDLY SOLD BY JLL
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Tim Carr | +61 415 767 9...
Mark Stafford | +61 404 401 0...
Josh Rutman | +61 411 27 37 ...
JLL Asia Markets:
中文普通话咨询物业详情,请联系Mingxuan Li李名轩。 手机: 0498 688 9..., 电子邮件: Mingxuan.Li@ap.jll.com, 或微信WeChat ID: Mingxuanli777
Property ID: 504154599Last Updated: 7 Dec 2022
JLL - MelbourneLevel 33, 101 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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616-646 High Street,Prahran, VIC 3181 2197 m²Development Sites & Land • Medical & Consulting • Shops & Retail