Ground Floor, 352 Malvern Road,
Prahran, VIC 3181
Shops & Retail
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Map of Ground Floor, 352 Malvern Road
Exciting retail investment in the heart of Prahran
- Securely leased until 2021 with option
- Well established tenant
- High quality, brand new fit-out
Colliers International is pleased to offer 352 Malvern Road, Prahran for Sale by Public Auction.
The property, located on the ground floor of the architecturally designed York apartments offers an enviable corner position with double frontage onto Malvern Road and York Street. This secure retail investment benefits from a successful hair salon operator in Peter Pasula with over 30 years of experience in the industry. Investment highlights include:
• Securely leased to a successful operator until 2021 with a further 5 year option
• Currently returning a net income of $40,000 p.a
• Fixed, 4% annual increases
• Retail frontage of over 19 metres to Malvern Road and York Street
• Tenant with over 30 years of successful operation
• Enviable Malvern Road position with easy access to trains, trams, cafes and more!
• Approx. 1km from the busy Chapel Street retail precinct and Pran Central Shopping Centre
• High quality, brand new fit out
• Excellent depreciation benefits on offer
Oliver Hay
0419 528 540
Ben Baines
0438 328 4...
The property, located on the ground floor of the architecturally designed York apartments offers an enviable corner position with double frontage onto Malvern Road and York Street. This secure retail investment benefits from a successful hair salon operator in Peter Pasula with over 30 years of experience in the industry. Investment highlights include:
• Securely leased to a successful operator until 2021 with a further 5 year option
• Currently returning a net income of $40,000 p.a
• Fixed, 4% annual increases
• Retail frontage of over 19 metres to Malvern Road and York Street
• Tenant with over 30 years of successful operation
• Enviable Malvern Road position with easy access to trains, trams, cafes and more!
• Approx. 1km from the busy Chapel Street retail precinct and Pran Central Shopping Centre
• High quality, brand new fit out
• Excellent depreciation benefits on offer
Oliver Hay
0419 528 540
Ben Baines
0438 328 4...
Property ID: 502359750Last Updated: 6 Jul 2017
Ground Floor, 352 Malvern Road
Prahran, VIC 3181
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