Prahran Trophy of Six (6) Adjoining Addresses + 1,132sqm* Activity Centre Land
182-194 Commercial Road (Corner of Izzet Street), Prahran VIC

Stonebridge Property Group is pleased to present for sale, the corner of Commercial Road and Izzet Street, known as 182-194 Commercial Road, Prahran.

  • Make your mark in one of Australia’s hottest inner-city suburbs with an iconic corner investment
  • An ultra-central position between the hugely popular, nationally recognised Prahran Market plus Coles, Woolworths, Dan Murphy’s and major carpark (the recently completed $60m* Prahran Square project)
  • Six (6) double level shops forecast to produce a fully leased income of $380,000* + GST + Outgoings through eight (8) separate retail & office tenancies
  • Substantial multi-tenanted 1,087sqm* building with significant potential for future retail activation
  • 1,132sqm* Activity Centre Zoned landholding with highly favourable planning advice for future development (STCA – planning advice available upon request), further enhanced by three (3) street frontages totalling 96m*
  • Positioned amongst a number of major car parks, notably Prahran Square, the Prahran Market parking & Woolworths multi-level car park – this nearby amenity is a major driver of activity,
    providing customers with access to ~1,500 car parks within 300m* of the property
  • Located just 3.8km* from the Melbourne CBD and well connected by public transport (tram 25m* & train 350m*)

*Approximately

 

182-194 Commercial Road, Prahran is for sale via Public Onsite Auction Wednesday 30th June 2021 at 10:00am (AEST).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.