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CBRE - VIC

164-168 Greville Street Prahran, VIC 3181

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164-168 Greville Street,
Prahran, VIC 3181

Shops & Retail

Key property information

Floor area

Property extent

Tenure type

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CBRE - VIC

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
03 9613 04...
CBRE - VIC
164-168 Greville Street
Prahran, VIC 3181

Map of 164-168 Greville Street

Directions

FULLY REBUILT THREE LEVEL HASSLE-FREE CITY FRINGE INVESTMENT

CBRE Melbourne Strip Retail Investments are pleased to bring to the market 164-168 Greville Street Prahran for sale via Expressions of Interest, closing Wednesday 10th October 2018 at 5.00pm

We highlight some key features below:

- Landmark Prahran corner investment incorporating ground floor retail, two (2) levels of high end office & secure on-site parking

- Fully rebuilt three (3) level freestanding building of 1,890 sqm*, with dominant corner frontage of 57 metres*

- Annual income of $620,320* including favourable outgoings recoveries & strong fixed annual rental increases

- 100% leased to premier tenants including New York style steakhouse Angus & Bon (their 4th Melbourne business) & GoPro (international company that has sold over 26 million GoPro cameras in more than 100 countries**)

- Positioned within the iconic Greville Street shopping village, which has just celebrated a significant upgrade to the streetscape

*Approx

CBRE Melbourne Strip Retail Investments

Mark Wizel
+61 409 809 868

Rorey James
+61 439 400 081

Julian White
+61 422 764 137

Kevin Tong
+61 422 848 818

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
CBRE - VIC
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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