48 Commercial Road,
Prahran, VIC 3181

Shops & Retail

Key property information

Floor area

Property extent

Lease terms

Leased on

Map of 48 Commercial Road

Directions

PRIME HOSPITALITY OPPORTUNITY

Flexible layout
Strong residential catchment
Planning Permit for Restaurant/Café

Make your mark on the inner south-east food and beverage scene. 48 Commercial Road is positioned in the heart of a strong residential catchment within the suburb of Prahran, an area which thrives on Melbourne’s café culture. With a 6m* street frontage, dual tenancy access and Planning Permit secured, the site is ready to welcome your new hospitality venture.

Indicative concept plans are available, or alternatively, take full creative control of the flexible layout and make 48 Commercial Road your own!

The site offers 110sqm* of internal area plus an additional outdoor area of 112sqm* which offers the potential to become a fully enclosed seating or trade area. Above, there is small upper level storage space and bathroom facilities.

Nearby retailers include L'Hotel Gitan, Tall Timber Cafe, New Order, The Alps Wine Shop & Bar and Officeworks.

For further information, or to arrange an inspection, please contact the Cushman & Wakefield Retail Team today.

Prahran, 3181 demographic data

The median household income for Prahran is $2,121, 12% higher than Greater Melbourne's household income of $1,901. Prahran has a younger age profile compared to the rest of Greater Melbourne (median age 34 vs 37). Property ownership data shows 53% of property owners in Prahran have a mortgage.

12,203

Population

$2,121 per week

Median household income

34 years

Median age

Renters

Most residents

Singles

Most households