Colliers are pleased to present 99 High Street, Prahran for sale via Immediate Private Sale
On offer is a exceptional brand new retail investment, leased to well renowned operator, "Tennessee Wingboys", on a brand new long term lease.
The property is located in one of Melbourne's premier inner-city suburbs and within a brand new mixed-use developments by well renowned developers Chapter Group.
Key investment highlights include:
• New ten (10) year lease plus multiple options, to well renowned operator "Tennessee Wingboys"
• Returning $74,987* per annum net plus GST with fixed 3% annual increases
• Corner retail shop with 25 metres* of highly visible street frontage along High Street and Porter Street
• Situated in the heart of Prahran, one of Melbourne's finest inner-city suburbs, the property benefits from close proximity to major high retail strips including Chapel Street and Greville Street
• Brand new fit out providing strong depreciation benefits for incoming purchasers
• Immediate access to Prahran Train Station resulting in high levels of foot traffic from nearby residents and employees, as well as substantial vehicular traffic along High Street.
For further information regarding this investment opportunity or to arrange an inspection, please contact the Colliers agents below as the exclusive sales agents.
Remember to mention you found this property on CommercialReady
Colliers are pleased to present 99 High Street, Prahran for sale via Immediate Private Sale
On offer is a exceptional brand new retail investment, leased to well renowned operator, "Tennessee Wingboys", on a brand new long term lease.
The property is located in one of Melbourne's premier inner-city suburbs and within a brand new mixed-use developments by well renowned developers Chapter Group.
Key investment highlights include:
• New ten (10) year lease plus multiple options, to well renowned operator "Tennessee Wingboys"
• Returning $74,987* per annum net plus GST with fixed 3% annual increases
• Corner retail shop with 25 metres* of highly visible street frontage along High Street and Porter Street
• Situated in the heart of Prahran, one of Melbourne's finest inner-city suburbs, the property benefits from close proximity to major high retail strips including Chapel Street and Greville Street
• Brand new fit out providing strong depreciation benefits for incoming purchasers
• Immediate access to Prahran Train Station resulting in high levels of foot traffic from nearby residents and employees, as well as substantial vehicular traffic along High Street.
For further information regarding this investment opportunity or to arrange an inspection, please contact the Colliers agents below as the exclusive sales agents.
Remember to mention you found this property on CommercialReady
99 High Street, Prahran, VIC, 3181