PRIME RETAIL FREEHOLD LEASED TO FLAGSHIP PRICELINE PHARMACY – SOLD

299-301 Chapel Street, Prahran

PRIME RETAIL FREEHOLD LEASED TO FLAGSHIP PRICELINE PHARMACY – SOLD

Emmetts is pleased to present for sale a super prime Central Melbourne retail freehold investment, leased to one of Australia’s largest Priceline franchisees. The property is strategically positioned amongst Australia’s most successful retailers in the absolute prime trading section of Melbourne’s leading inner city retail strip.

Investment considerations include:

+ Irreplaceable freehold land of 630 sq m*

+ Wide dual street frontages to both Chapel Street and Cato Street.

+ Securely leased to one of Australia’s largest Priceline franchisees.

+ Modern 685 sq m* premises ideally suited to Priceline occupation.

+ Absolute prime trading position, immediately surrounded by Australia’s leading national retailers including Coles, Liquorland, Dan Murphy’s, Priceline, Rebel Sport, JB Hi Fi and Kathmandu.

+ Surrounded by 2,500 shopper car parks in addition to multiple forms of public transport (rail, tram and bus).

+ Medium density Central Melbourne location with enormous future growth potential.

+ Long term redevelopment and / or value-add potential.

The property is offered for sale by Expressions of Interest, alongside adjoining 291 Chapel Street, Prahran which is leased to Commonwealth Bank of Australia, with expressions of interest closing 26th November at 3pm. Interested parties are invited to express interest in buying the properties separately or together.

* denotes approx.

^ denotes subject to exercise of option

For further information on this sale, contact the exclusive selling agents.

Call Us

Charles Emmett
+61 402 358 069
Andrew Milligan
+61 421 559 992
Geoff Emmett
+61 409 330 561

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