** SOLD **
Gross Waddell ICR is pleased to present to the market this high exposure corner retail investment opportunity leased to an iconic tenant.
Key property highlights include:
• New 5 + 5 year lease
• Rental: $87,500 p.a. net* as at 1st May 2022
• A unique building of 115sqm* oozing with character
• Total landholding of 200sqm* including 6 onsite car spaces
• Leased to the long established Babble Bar & Café – a Prahran icon
• Located on the corner of Izett & Chatham Streets and directly opposite the recently completed Prahran Square - a 10,000sqm urban parkland plus a 500 bay underground car park
• Within the heart of Prahran's major retail and restaurant precinct and only metres from the vibrant Greville Street and Chapel Street
*Approx.