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388 High Street Prahran, VIC 3181

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388 High Street,
Prahran, VIC 3181

Shop & Retail

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Leased

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Shop PLUS Self-contained 3 Bedroom Residence in PRAHRAN. 'Transfer of Lease' with 2y 9m remaining and 5y option.

OPTION to lease Shop with Apartment, or individually for short term, or long term. Also able to sub-let should you desire.

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

1300 *** ***
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388 High Street
Prahran, VIC 3181

Agency contacts

For Sale For Lease
For Sale For Lease
PO Box 539
COROWA, NSW 2646
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