169 High Street, Prahran, VIC 3181

Retail | Showrooms | Medical

For Lease Contact Agent

  • Property ID: 443223
  • Floor Area: 240m²
DESTI-NATIONALLY RECOGNISED RETAIL LOCATION.

POINT OF INTEREST:
If you’re in the (Prahran) Market seeking profile, this premium retail or foodie space is front and centre within one of Melbourne’s busiest precincts. Just 50 m* from Chapel Street and with a vast 8.3 m* of frontage to High Street, the single-level space measures 240 sqm* and spreads out to an open layout. There’s rear access with a direct loading dock togther with male and female amenities, but the overwhelming sentiment here is the sheer versatility of the space — it could be utilised by hospitality groups, takeaway operators, high-profile retailers, medical or showroom users. The foot traffic is almost as dense as the vehicular kind, with 18,000 motorists passing daily thanks to the proximity to Chapel Street, Punt Road, Dandenong Road, and Prahran railway station.

- 240 sqm* total building area.
- Up to 18,000 passing vehicles per day.
- 8.3 m* frontage to High Street.
- Commercial 1 zoning.
- Rear access with a direct loading dock.
- 50 m* to Chapel Street.
- 1 km* to Punt Road.
- 500 m* to Prahran railway station.

POINT OF VIEW:
Sub in the best of Prahran commercial — high-exposure, traffic, neighbouring retailers — and sub out the typical Prahran asset type. This space has prioritised spreading out on the street, offering your business the best position to put your best foot forward.


*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: 1st June 2024
  • Car Spaces: at rear
  • Condition: Very Good
  • Air Conditioning: Yes
  • Floors: Concrete
  • Lifts: NA
  • Height: Various
Outgoings
  • Water Rates: $1000.00
  • Land Tax: NA
  • Council Rates: $4,900
  • Owners Corp. / Insurance: NA
Prahran Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $312 ---
Offices $8260 $468 5.66%
Retail $9680 $445 4.59%
This is the average advertised price, rent and yield for Prahran, VIC 3181*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×