STUNNING PRAHRAN FREEHOLD INVESTMENT LEASED TO ACCLAIMED RESTAURANT 'MARBL' ~ AFFORDABLE PRICEPOINT

Quinn Property Co is pleased to present 11 Izett St, Prahran to the market for Auction on Thursday 4 December at 12 noon (if not sold prior).

Located in Prahran’s retail heart, Izett Street is a key part of one of Melbourne’s most dynamic and high-performing precincts, anchored by the iconic Chapel Street and Greville Street strips. This precinct features over 500 ground-floor businesses, with a diverse range of retail including cafés, restaurants, and bars.

The Prahran precinct attracts up to 11,900* pedestrian movements on a typical weekend day, reflecting its status as one of Melbourne’s busiest and most recognizable shopping destinations. Just off Chapel St, the eclectic Izett Street and Greville Street add a boutique edge, renowned for its creative retailers, vintage stores, and independent designers set within a distinctive heritage streetscapes. Together, these precincts are supported by landmarks such as Prahran Market and Pran Central, offering a mix of gourmet produce, everyday essentials, and premium retail.

Features of this outstanding investment opportunity include:

~ Immaculate renovated period building fully leased to the award winning steak restaurant Marbl

~ Leased until July 2029 (plus 5+5+5+5 year options)

~ Estimated Net Rental: $55,538 (plus GST)* per annum (as at 1 Nov 2025)

~ Fixed annual increases of 3% with market reviews at the option periods

~ Site Area: 173 sqm*

~ Building Area: 151 sqm* (includes 61sqm* outdoor dining area)

~ Located in highly regarded "Activity Centre" Zoning

~ Fully fitted restaurant with grease trap and commercial grade kitchen, bar area, indoor and outdoor dining

~ Fully leased to 'Marbl' - an acclaimed retaurant tenant with outstanding google reviews and a reputation as one of the best dining experiences in Melbourne - this is a true destination for elite cuisine and atmosphere

INSPECTIONS STRICTLY BY APPOINTMENT ONLY

Call Quinn Property Co for a copy of the Lease, Contract or to arrange a private viewing


AUCTION: Thursday 4 December at 12 NOON ON SITE (IF NOT SOLD PRIOR)

* Approximate
NOTE: All property boundary outlines are indicative only and rental figures are estimates