388 High Street,
Prahran, VIC 3181
Key property information
Map of 388 High Street
Shop PLUS Self-contained 3 Bedroom Residence in PRAHRAN. 'Transfer of Lease' with 2y 9m remaining and 5y option.
Short Term Options:
#1 - Whole Building - $1,100 per week (GST & Outgoings INC)
#2 - Shop ONLY - $650 per week (GST & Outgoings INC)
#3 - Apartment ONLY - $500 per week (GST & Outgoings INC)
Long Term Option - Transfer of Lease - 2 Years & 8 Months remaining with 5 Year option. Approx $1,040 per week All INC (Total rent is $45,639 + GST and Outgoings of approx $1100 Building Insurance + $2900 Coucil Rates & Water). BONUS signage on side of building is included of current lease.
The building was previously by a clothing designer for retail & manufacture, over the past 5 years. The property is very well presented and ready to move into immediately.
The ground floor, corner shop has 3 rooms (approx 81sqm)in highly visable posiiton on High Street, Prahran, with attached lock-up Garage (or 4th room). First level if the building is a 3 Bedroom Residence with separate entrance (also accessible via shop) and additional off-street carport. Airconditioning in Shop.
Property was used as business and residence, utilising carport area as courtyard (as per photos) and storage, however residence could be sublet (approx $450 - 550/w). Building has Gas and various rooms have heating/aircon.
Previous tenant is looking to transfer the current lease. Property is managed by the Landlord directly and they are open to new businesses amending property as required.
Property ID: 500286581Last Updated: 4 Jan 2017