30-32 Regent Street Prahran VIC 3181

30-32 Regent Street, Prahran is being offered for Private Sale at $5.25m.

Colliers is pleased to present 30-32 Regent Street, Prahran, a secure whole building residential investment in central Prahran. Comprising a mixed-use strata building of 10 modern apartments and 2 ground floor retail shops.

Sitting opposite a brand-new development and revitalised streetscape, this building sits on 292sqm of land, with dual street frontages to both Regent and Bangs Streets, and offers an incredible investment opportunity for a savvy buyer looking to capitalise on the prime location and a proven rental market.

This investment appeal is strengthened with further upside flexibility for a value-add investor to improve the property in the short term to boost returns, while also offering an immediate sell-down exit strategy via the existing Plan of Subdivision.

Nestled in the heart of the true Chapel Street precinct of Prahran, with the iconic street only a short 300m* walk from the building and its proximity to Victoria Gardens, other parks, supermarkets, an abundance of bars, cafes, dining institutions create the ultimate lifestyle location. The Avenue and The Alfred medical precincts, as well as other stable employment areas via the multiple public transport options; conveniently serviced by three tramlines within 500m (6, 72 & 78) and Prahran Train Station.

These locational fundamentals ensure strong tenure and stable income for this Asset.

Key highlights include:
- Strata building comprising 10 Apartments & 2 Ground Floor Retail/ Commercial spaces
- Amazing Penthouse apartment with panoramic views
- Flexible Investment with value-add and sell-down opportunity
- Prahran has proven high rental demand
- 30-32 Regent Street has scope for income uplift

For further information, please contact the selling agents at Colliers.

Jozef Dickinson
+61 402 678 888

Philip Heberling
+61 448 955 275

*Approximately
** Net Saleable Area Approximation
^STCA