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Colliers - Melbourne East

223 High Street Prahran, VIC 3181

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223 High Street,
Prahran, VIC 3181

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Price information

Sale - Auction Fri 28 May

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Key property information

Land area

Floor area

Property extent

Zoning

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$152,082

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Colliers - Melbourne East
223 High Street
Prahran, VIC 3181
Colliers - Melbourne East

Colliers - Melbourne East

Level 7, Chadstone Tower One, 1341 Dandenong Rd
CHADSTONE, VIC 3148

Map of 223 High Street

Directions
  • Train stations within 5 km of 223 High Street, Prahran, VIC 3181Distance
    Prahran Station552 m
    Windsor Station555 m
    Hawksburn Station1 km
    Toorak Station1.5 km
    South Yarra Station1.6 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 223 High Street, Prahran, VIC 3181Distance
    32-Hornby St/High St (Prahran)111 m
    31-Chapel St/High St (Prahran)163 m
    33-the Avenue/High St (Prahran)290 m
    44-Duke St/Chapel St (Prahran)297 m
    46-Chatham St/Chapel St (Prahran)353 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 223 High Street, Prahran, VIC 3181Distance
    32-Surrey Rd/Malvern Rd (South Yarra)535 m
    32-Bendigo St/Malvern Rd (Prahran)540 m
    Chapel St/Malvern Rd (South Yarra)562 m
    Francis St/Malvern Rd (South Yarra)576 m
    Murray St/Williams Rd (Prahran)601 m
    POWERED BY HERE ©
POWERED BY HERE ©

Trophy asset leased to one of Melbourne’s best hospitality groups, with options until 2034

  • 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 Friday 28th May 2pm 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.

Property ID: 503814010Last Updated: 11 May 2021

Agency contacts

Colliers - Melbourne East
Level 7, Chadstone Tower One, 1341 Dandenong Rd
CHADSTONE, VIC 3148
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Ted Dwyer

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Ted Dwyer
Colliers - Melbourne East
223 High Street Prahran, VIC 3181

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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