99 High Street, Prahran, Vic 3181

Colliers are pleased to present 99 High Street, Prahran For Sale.

On offer is an exceptional brand-new retail investment, leased to well renowned operator, "Tennessee Wingboys", on a brand-new long-term lease.
The property is situated in one of Melbourne's premier inner-city suburbs and within a brand-new mixed-use development by well renowned developers Chapter Group.

Key investment highlights include:

• New ten (10) year lease plus multiple options, to well renowned operator "Tennessee Wingboys"

• Returning $74,987* per annum net plus GST with fixed 3% annual increases

• Corner retail shop with 25 metres* of highly visible street frontage along High Street and Porter Street

• Situated in the heart of Prahran, one of Melbourne's finest inner-city suburbs, the property benefits from proximity to major high retail strips including Chapel Street and Greville Street

• Brand new fit out providing strong depreciation benefits for incoming purchasers

• Immediate access to Prahran Train Station resulting in high levels of foot traffic from nearby residents and employees, as well as substantial vehicular traffic along High Street.

For further information regarding this investment opportunity or to arrange an inspection, please contact the Colliers agents below as the exclusive sales agents.