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223 High Street
Prahran VIC 3181
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Sold on 22 Jun 2021

223 High Street Prahran VIC 3181

  • Shop & Retail
  • 275 m²
  • Sold

Trophy asset leased to one of Melbourne's best hospitality groups

  • Rental of $152,082 p.a.
  • Fixed 4% annual rent increases
  • Thriving entertainment/dining precinct

Colliers is delighted to offer a trophy asset investment opportunity at 223 High Street Prahran for sale by Public Auction on Friday 18th June at 1.30pm on-site. Leased to one of Melbourne's best hospitality groups, Commune Group and trading as Firebird by Hanoi Hannah, one of Melbourne's hottest restaurants, this is an opportunity not to be missed.

Key investment highlights are as follows

Rental of $152,082 p.a. plus GST (approx.), as at August 2021
Fully leased, with options until 2034
Stunning refurbished interior by renowned design firm, Ewert Leaf
Tenant trading as the hugely popular restaurant, Firebird by Hanoi Hannah
Operated by Commune Group who also run Hanoi Hannah, Tokyo Tina, Hanoi Hannah New Quarter etc.
Activity Centre zoned site of 294m2 (approx.) with rear laneway
In the heart of Melbourne's hottest entertainment/dining precinct
Only metres from Chapel Street and surrounded by a plethora of popular venues including Neptune Food & Wine, The Smith, Huxtaburger, Hawker Hall, Mr Miyagi, Hanoi Hannah, Tokyo Tina
Highly affluent catchment of surrounding residents
Immediate precinct a 'go-to' destination for all Metro Melbourne residents and tourists

Colliers strongly recommends this trophy investment for your serious consideration. For further information please contact the Colliers agents below.

AUCTION

Auction date and time18/06/2021 13:30
Auction location223 High Street, Prahran VIC

Property Highlights

Date Sold22 Jun 2021
Floor Area275 m²
Land Area294 m²
ParkingOn street parking
Building TypeWhole building
Property ID2016965135
Category
Last updated  22 Jun 2021
Map for 223 High Street Prahran VIC 3181

Property Highlights

Date Sold22 Jun 2021
Floor Area275 m²
Land Area294 m²
ParkingOn street parking
Building TypeWhole building
Property ID2016965135
Category
Last updated  22 Jun 2021

Co-Agents

Ben Baines
Colliers International | Melbourne East
Call
0438 328 407
Ted Dwyer
Colliers International | Melbourne East
Call
0411 312 165

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