567 High Street,
Prahran, VIC 3181
Shops & Retail • Development Sites & Land
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Gorman Commercial Real Estate
L1 /415 Riversdale RoadHAWTHORN EAST, VIC 3123
567 High Street
Prahran, VIC 3181
Map of 567 High Street
TASTY STONNINGTON INVESTMENT
- Corner freehold investment
- Future development potential (STCA)
- Multiple income streams
An outstanding corner freehold asset with multiple income streams anchored by national tenant, 'Pizza Hut' with 270 stores Australia wide.
Gorman Commercial together with Crabtrees Real Estate are delighted to offer 567 High Street, Prahran for sale via public auction.
Auction: Friday 15th October 2021 at 12 noon on-site
The property comprises two separate tenancies with a combined total income of $103,614 pa net and total building area of 264 sqm approx. The triple street frontage and land of 223 sqm approx. provides exceptional future development potential (S.T.C.A.).
Pizza Hut:
* Lease: 3+3+3 years
* Income: $77,864 pa net
* Rent reviews: annual 4% increases
* Building area: 184 sqm approx.
Hairdresser:
* Lease: 3+3 years
* Income: $25,750 pa net
* Rent reviews: annual 3% increases
* Building area: 80 sqm approx.
Located between Grandview Grove and Chatsworth Road, Prahran, only 600m from Hawksburn Village.
Gorman Commercial together with Crabtrees Real Estate are delighted to offer 567 High Street, Prahran for sale via public auction.
Auction: Friday 15th October 2021 at 12 noon on-site
The property comprises two separate tenancies with a combined total income of $103,614 pa net and total building area of 264 sqm approx. The triple street frontage and land of 223 sqm approx. provides exceptional future development potential (S.T.C.A.).
Pizza Hut:
* Lease: 3+3+3 years
* Income: $77,864 pa net
* Rent reviews: annual 4% increases
* Building area: 184 sqm approx.
Hairdresser:
* Lease: 3+3 years
* Income: $25,750 pa net
* Rent reviews: annual 3% increases
* Building area: 80 sqm approx.
Located between Grandview Grove and Chatsworth Road, Prahran, only 600m from Hawksburn Village.
Property ID: 503910026Last Updated: 14 Dec 2021
Gorman Commercial Real Estate L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
HAWTHORN EAST, VIC 3123
Crabtrees Real Estate - Melbourne 1/11-15 Smeaton Avenue Dandenong South & 20-22 Atherton Road
OAKLEIGH, VIC 3166
OAKLEIGH, VIC 3166
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