TASTY STONNINGTON INVESTMENT

Description

Crabtrees Real Estate in conjunction with Gorman Commercial are proud to present 567 High Street Prahran For Sale via public Auction on Friday 15th October 2021 at 12noon.

* Corner freehold investment
* Future development potential (STCA)
* Multiple income streams

This outstanding corner freehold asset with multiple income streams anchored by national tenant, Pizza Hut with 270 stores Australia Wide

Pizza Hut
+ Lease 3+3+3 years
+ Income $77,864 pa net
+ Rent reviews: annual 4% increases
+ Over 14 years of trading since 2007

Hairdresser
+ Lease 3+3 years
+ Income $25,750 pa net
+ Rent reviews: annual 3% increases

+ Total combined income: $103,614 pa net
+ Two seperate tenancies
+ Future development potential (STCA)
+ Triple street frontage

Located between Grandview Grove and Chatsworth Road, Prahran, just 600m from Hawksburn Village

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

features

  • Close to Shops
  • Close to Transport
  • Grease Trap
  • Toilet Facilities

Prahran

567 High Street
Auction
Friday 15th October, 12:00 PM
Venue: On Site
Land Size: 223 sqm

overview

  • 1P5347
  • Retail
  • Auction
  • 567 High Street Prahran VIC
  • Fri 15th of Oct
    12:00 PM
  • On Site
  • 264 sqm
  • 223 sqm