BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Securely Leased Prahran Retail Investment\nLemon Baxter is plea sed to offer 62 Commercial Road\, Prahran for sale\, a securely leased ret ail freehold positioned along one of Melbourne's busiest commercial and re tail strips.\n\nThe property comprises approximately 220 sqm* of net letta ble area on a 126.47 sqm* landholding\, with approximately 4.5 metres* of frontage to Commercial Road. It is leased to Crystal Clean Laundrette Pty Ltd\, generating $43\,000 per annum plus GST and outgoings.\n\nThe lease e xpires on 9 November 2028 and includes a further three-year option\, with fixed annual rent increases of 3%. The tenant is responsible for recoverab le outgoings\, excluding essential safety measures.\n\nKey highlights incl ude:\n- Current rental income of $43\,000 per annum plus GST and outgoings \n- Lease secured until 9 November 2028\, plus a further three-year option \n- Fixed annual rent increases of 3%\n- One rear car space\n- Health and Community Zone\n- Tram services at the doorstep\n\nThe property benefits f rom substantial passing traffic and immediate access to Commercial Road's established retail\, hospitality and medical precinct. Prahran Market is a pproximately 350 metres* away\, while Fawkner Park\, The Alfred and St Kil da Road are all within easy reach.\n\nFor Sale by Expressions of Interest closing Thursday\, 10 September 2026 at 12:00pm (AEST).\n\nContact our exc lusive selling agents for more information. \n\n*Approx. DTEND:20260910T120000 DTSTAMP:20260811T015448Z DTSTART:20260910T120000 SEQUENCE:0 SUMMARY:Expression Of Interest: 62 Commercial Road\, Prahran VIC UID:CRE-2021063379-EOI X-ALT-DESC;FMTTYPE=text/html:

Securely Leased Prahran Retail Invest ment
Lemon Baxter is pleased to offer 62 Commercial Road\, Prahran f or sale\, a securely leased retail freehold positioned along one of Melbou rne's busiest commercial and retail strips.

The property comp rises approximately 220 sqm* of net lettable area on a 126.47 sqm* landhol ding\, with approximately 4.5 metres* of frontage to Commercial Road. It i s leased to Crystal Clean Laundrette Pty Ltd\, generating $43\,000 per ann um plus GST and outgoings.

The lease expires on 9 November 20 28 and includes a further three-year option\, with fixed annual rent incre ases of 3%. The tenant is responsible for recoverable outgoings\, excludin g essential safety measures.

Key highlights include:
- Current rental income of $43\,000 per annum plus GST and outgoings
- Lease secured until 9 November 2028\, plus a further three-year option - Fixed annual rent increases of 3%
- One rear car space
- Health and Community Zone
- Tram services at the doorstep
The property benefits from substantial passing traffic and immediate a ccess to Commercial Road's established retail\, hospitality and medical pr ecinct. Prahran Market is approximately 350 metres* away\, while Fawkner P ark\, The Alfred and St Kilda Road are all within easy reach.

For Sale by Expressions of Interest closing Thursday\, 10 September 2026 at 12:00pm (AEST).

Contact our exclusive selling agents for m ore information.

*Approx.

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