Medical/Consulting
ID 335309UpdatedSold396-400 High Street
396-400 High Street
Windsor, Victoria, 3181
Please contact us for price
- Size
414 SQM
![Tim Carr](https://jll-global-gdim-res.cloudinary.com/image/upload/f_auto,dpr_auto,c_fill,g_face,w_3840,h_3840,q_70/e_grayscale/v1676424528/AU/OLM/AgentImage/botr0o7hjymgdp0zdxee.png)
Tim Carr
Executive, Capital Markets � Victoria
![Mark Stafford](https://jll-global-gdim-res.cloudinary.com/image/upload/f_auto,dpr_auto,c_fill,g_face,w_3840,h_3840,q_70/e_grayscale/v1676424526/AU/OLM/AgentImage/nx6kak5amudeynmybxoy.png)
Mark Stafford
Senior Executive
![MingXuan Li](https://jll-global-gdim-res.cloudinary.com/image/upload/f_auto,dpr_auto,c_fill,g_face,w_3840,h_3840,q_70/e_grayscale/v1676424527/AU/OLM/AgentImage/epjkr7jssgqgvdidlkpg.png)
MingXuan Li
Associate
- Description
- Building Information
- Location
- Agents
Description
PROUDLY SOLD BY JLL
JLL Melbourne has the exclusive privilege of offering for sale Prahran East Medical Centre, 396-400 High Street - a first class investment opportunity with immediate upside.
Key details of the opportunity include:
+ Three high profile adjoining freeholds totalling 414sqm*
Leased to renowned local medical centre, with 40+ years of trading
Estimated fully leased net rental of $189,517 per annum + GST & Outgoings
+ Fixed annual rental growth of 4.0% per annum
+ Leases provide 12-month demolition clauses
+ Prominent city-fringe landholding of 743sqm* with side laneway access
+ High exposure frontage to famed High Street of over 18 metres*
+ Favourable Commercial 1 and General Residential Zoning, permitting future redevelopment potential (STCA)
+ Strategically positioned within the Prahran Medical precinct, located just 400m* from The Avenue & Windsor Private Hospitals
+ Moments away from the highly-sought after Chapel Street district, offering an abundance of retail and culinary opportunities
*Approx.
PROUDLY SOLD BY JLL
To obtain further information or to arrange an inspection, please contact the exclusive selling agent.
Tim Carr | +61 415 767 915
Mark Stafford | +61 404 401 053
Josh Rutman | +61 411 27 37 46
MingXuan Li | +61 498 688 998
Longstanding tenant of more than 40 years
Strong lease profiles until 2029
12-month demolition clauses
JLL Melbourne has the exclusive privilege of offering for sale Prahran East Medical Centre, 396-400 High Street - a first class investment opportunity with immediate upside.
Key details of the opportunity include:
+ Three high profile adjoining freeholds totalling 414sqm*
Leased to renowned local medical centre, with 40+ years of trading
Estimated fully leased net rental of $189,517 per annum + GST & Outgoings
+ Fixed annual rental growth of 4.0% per annum
+ Leases provide 12-month demolition clauses
+ Prominent city-fringe landholding of 743sqm* with side laneway access
+ High exposure frontage to famed High Street of over 18 metres*
+ Favourable Commercial 1 and General Residential Zoning, permitting future redevelopment potential (STCA)
+ Strategically positioned within the Prahran Medical precinct, located just 400m* from The Avenue & Windsor Private Hospitals
+ Moments away from the highly-sought after Chapel Street district, offering an abundance of retail and culinary opportunities
*Approx.
PROUDLY SOLD BY JLL
To obtain further information or to arrange an inspection, please contact the exclusive selling agent.
Tim Carr | +61 415 767 915
Mark Stafford | +61 404 401 053
Josh Rutman | +61 411 27 37 46
MingXuan Li | +61 498 688 998
Longstanding tenant of more than 40 years
Strong lease profiles until 2029
12-month demolition clauses
Location
Agents
![Tim Carr](https://jll-global-gdim-res.cloudinary.com/image/upload/f_auto,dpr_auto,c_fill,g_face,w_3840,h_3840,q_70/e_grayscale/v1676424528/AU/OLM/AgentImage/botr0o7hjymgdp0zdxee.png)
Tim Carr
Executive, Capital Markets � Victoria
![Mark Stafford](https://jll-global-gdim-res.cloudinary.com/image/upload/f_auto,dpr_auto,c_fill,g_face,w_3840,h_3840,q_70/e_grayscale/v1676424526/AU/OLM/AgentImage/nx6kak5amudeynmybxoy.png)
Mark Stafford
Senior Executive
![MingXuan Li](https://jll-global-gdim-res.cloudinary.com/image/upload/f_auto,dpr_auto,c_fill,g_face,w_3840,h_3840,q_70/e_grayscale/v1676424527/AU/OLM/AgentImage/epjkr7jssgqgvdidlkpg.png)
MingXuan Li
Associate