5/3 King Street Prahran VIC 3181
- 56 m²
Prahran's Sweetest Investment
Colliers International is pleased to offer this outstanding strata retail investment for Private Sale. The property, located on the ground floor of the architecturally designed building offers a rare opportunity to acquire a securely tenanted strata retail investment to a successful operator established in 2006.
Key investment highlights are as follows:
• Exceptional location in the heart of Prahran’s retail and hospitality precinct
• Securely leased to ‘Red Balloon Candy Artisans’ until 2020 with a further 3 year option
• Annual rental of $42,744pa (As of 1st May 2018)
• Desirable fixed 4% annual increases
• Floor Area: 56m² approx.
• Brief walk to trams and Prahran Train Station
• Abundance of car parking options nearby, including large public car park 50m from property
• 7 Day trading conditions due to high volume of shoppers, tourists and students
To arrange an immediate inspection or for further information, please contact the exclusive sales agents at Colliers International.
|Date Sold||6 Jun 2018|
|Floor Area||56 m²|
|Land Area||Ask Agent|
|Parking||On site parking available|
|Last updated||19 Apr 2018|