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Burgess Rawson - Melbourne

Shop D/4 King Street Prahran, VIC 3181

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Shop D/4 King Street,
Prahran, VIC 3181

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Burgess Rawson - Melbourne
Justin Kramersh
Raoul Holderhead

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
Shop D/4 King Street
Prahran, VIC 3181

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Brand New 5 Year Lease to Established Operator | Furever Investment

  • Brand New 5 Year Lease to 2029
  • Rare Prahran Entry Level Investment
  • Multiple Award Winning Tenant
Burgess Rawson is pleased to offer to the market, Shop 4D King Street, Prahran VIC for sale.

+ Brand new 5 year net lease to February 2029, plus a further option to 2034
+ Furever Grooming: Award winning groomers, with valuable experience and qualifications, plus 5 star Google reviews.
+ Fixed 3% annual rent increases, ensuring future rental growth
+ Landlord-favourable, net lease terms with tenant responsible for all usual outgoings including Owners Corp fees
+ Positioned only metres from world-renowned Chapel Street and surrounded by key national tenants including; Coles, Dan Murphy’s, Woolworths, JB Hi-Fi, Rebel Sports and Nike and leading gyms.
+ Modern 57*sqm ground floor retail premises with plus a single car park
+ Minimal management investment.
+ Prahran: Affluent inner-city suburb with a median house price median house price of $1,697,500, with a rental increase of 6% over the past 12 months.
+ Rent: $32,000 pa* + GST

Property ID: 504500184Last Updated: 15 Aug 2024

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