Shop D/4 King Street Prahran VIC 3181

Shop & Retail
57 m²
Sold

Brand New 5 Year Lease to Established Operator | Furever Investment

Burgess Rawson is pleased to offer to the market, Shop 4D King Street, Prahran VIC for sale.

+ Brand new 5 year net lease to February 2029, plus a further option to 2034
+ Furever Grooming: Award winning groomers, with valuable experience and qualifications, plus 5 star Google reviews.
+ Fixed 3% annual rent increases, ensuring future rental growth
+ Landlord-favourable, net lease terms with tenant responsible for all usual outgoings including Owners Corp fees
+ Positioned only metres from world-renowned Chapel Street and surrounded by key national tenants including; Coles, Dan Murphy's, Woolworths, JB Hi-Fi, Rebel Sports and Nike and leading gyms.
+ Modern 57*sqm ground floor retail premises with plus a single car park
+ Minimal management investment.
+ Prahran: Affluent inner-city suburb with a median house price median house price of $1,697,500, with a rental increase of 6% over the past 12 months.
+ Rent: $32,000 pa* + GST

Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	15 Aug 2024
Floor Area	57 m²
Land Area	57 m²
Parking	Ask Agent
Property ID	2019004899
Category	Shop & Retail
Last updated	30 May 2024

Map for Shop D/4 King Street Prahran VIC 3181

Nearest transport* to Shop D/4 King Street Prahran VIC 3181

Bus

Train

Tram

Chapel St/Malvern Rd (South Yarra)	326 m
Chapel St/Commercial Rd (South Yarra)	355 m
Prahran Market/Commercial Rd (South Yarra)	383 m
Prahran Market/Commercial Rd (South Yarra)	410 m

*Within a 4km radius

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Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	15 Aug 2024
Floor Area	57 m²
Land Area	57 m²
Parking	Ask Agent
Property ID	2019004899
Category	Shop & Retail
Last updated	30 May 2024

Co-Agents

Justin Kramersh

Burgess Rawson VIC Pty Ltd

Call

0460 349 605

Raoul Holderhead

Burgess Rawson VIC Pty Ltd

Call

0413 860 304

Jordan Bell

Burgess Rawson VIC Pty Ltd

Call

0497 844 705

More about Shop D/4 King Street Prahran VIC 3181

Shop D/4 King Street Prahran VIC 3181 is categorized as Shop & Retail Property. It has a floor area of 57 m² and a land area of 57 m². The listing ID for this property is 2019004899.