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Melbourne Acquisitions - Melbourne

92-106 Greville Street Prahran, VIC 3181

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92-106 Greville Street,
Prahran, VIC 3181

Shop & Retail • Medical & Consulting • Offices

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Key property information

Floor area

Car spaces

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$442,769
Number of Tenants
5 Tenants
Tenants / Type
$442,769 per annum* + GST + Outgoings
Melbourne Acquisitions - Melbourne
92-106 Greville Street
Prahran, VIC 3181
Melbourne Acquisitions - Melbourne
Dominic Gibson
James Latos

Melbourne Acquisitions - Melbourne

Ground Floor, 607 St Kilda Road
MELBOURNE, VIC 3004

Map of 92-106 Greville Street

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The Greville Street Collection

Melbourne Acquisitions and Allard Shelton are delighted to offer The Greville Street Collection. A rare offering comprising 5 prime tenanted investments over 6 separate titles on the corner of Porter street in this boutique and cosmopolitan inner city location.

These properties are ideally situated on the ground floor of the former iconic 'Station Hotel' and are available to purchase individually or in one line. This is an outstanding opportunity for astute investors to capitalise on this tightly held, low vacancy, blue chip suburb that has undergone significant gentrification. The properties are exceptionally positioned opposite Prahran Station with close proximity to Chapel Street and the recently completed $60M Prahran Square project.

PROPERTY SUMMARY
Tenancy 1&6 - Next Practice Prahran
Lease Term: 5 years with 5+5 year options
Income: $244,000* per annum
Building area*: 337.5m2
Carspaces: 1

Tenancy 2 - Pizza Hub
Lease Term: 5 year lease with 5+5 year options
Income: $62,100* per annum
Building area*: 85m2

Tenancy 3 - 365 Plus
Lease Term: 7 year lease with a further 5+5+5 year options
Income: $80,595.84* per annum
Building area*: 95.7m2
Carspaces: 2

Tenancy 4 - Urban Express Tobacconist
Lease Term: 5 year lease with a further 5 year option
Income: $30,000* per annum
Building area*: 57.1m2
Carspaces: 1

Tenancy 5 - Pisces Floral Studio (SOLD)
Lease Term: 3 Year lease with 3+3 year options
Income: $26,000* per annum
Building area*: 48.9m2

TOTAL COMBINED ANNUAL INCOME $442,769 per annum*+ GST + Outgoings (if purchased in one line)

For further information contact the marketing agents
Dom Gibson 0409 366 941 or James Latos 0437 537 957

In conjunction with Allard Shelton
Michael Ryan 0433 180 199
Joseph Walton 0417 309 347

*Approx

Property ID: 503484690Last Updated: 26 Mar 2020

Agency contacts

Melbourne Acquisitions - Melbourne
Melbourne Acquisitions - Melbourne
Ground Floor, 607 St Kilda Road
MELBOURNE, VIC 3004
View agency profile
Allard Shelton Pty Ltd - Melbourne
Allard Shelton Pty Ltd - Melbourne
Level 3, 267 Collins Street
MELBOURNE, VIC 3000
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Dominic Gibson

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Dominic Gibson
Melbourne Acquisitions - Melbourne
92-106 Greville 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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