Colliers is delighted to present Ground, 121 High Street, Prahran, for sale by EOI closing Thursday 21st October 2021 at 3pm. This outstanding investment opportunity is situated on the ground floor of the 'Glasshouse' development completed by The Block and offers investors the opportunity to purchase a fully leased retail with enviable frontage and exposure to popular High Street.
Key investment highlights are as follows:
- 8-year lease to Green Heritage Consultants with further options in place
- Substantial rental and strong 3.5% annual rental increases in place and further options
- Surrounded by a number of high profile completed and current high-density developments set to transform the precinct
- Metres from the iconic Chapel Street retail precinct and Prahran Station
- Located within the cosmopolitan suburb of Prahran only 5km from the CBD
- Abundance of lifestyle and retail amenity on the property's doorstep
Colliers strongly recommends this rare opportunity for your serious consideration. For further information please contact the Colliers agents below.