Ground Floor, 352 Malvern Road,
Prahran, VIC 3181
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Floor area
Car spaces
Sold on
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
Colliers - Melbourne EastLevel 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148
CHADSTONE, VIC 3148
Colliers - MelbourneLevel 30, 367 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Contact Agency
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
