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Teska Carson Pty Ltd - Richmond

171 Glenferrie Road Malvern, VIC 3144

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171 Glenferrie Road,
Malvern, VIC 3144

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Sale

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Key property information

Land area

Floor area

Car spaces

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to arrange a private inspection.
Teska Carson Pty Ltd - Richmond
Michael Ludski
Reece Israel

Teska Carson Pty Ltd - Richmond

6 Yorkshire Street
RICHMOND, VIC 3121
Teska Carson Pty Ltd - Richmond
171 Glenferrie Road
Malvern, VIC 3144

Map of 171 Glenferrie Road

Directions
  • Train stations within 5 km of 171 Glenferrie Road, Malvern, VIC 3144Distance
    Malvern Railway Station643 m
    Armadale Station913 m
    Toorak Station1.6 km
    Tooronga Station1.7 km
    Gardiner Station2.2 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 171 Glenferrie Road, Malvern, VIC 3144Distance
    55-Llaneast St/Glenferrie Rd (Malvern)96 m
    55-Edsall St/Glenferrie Rd (Malvern)100 m
    56-Malvern Tram Depot/Glenferrie Rd (Malvern)170 m
    54-Wattletree Rd/Glenferrie Rd (Malvern)211 m
    45-Glenferrie Rd/Wattletree Rd (Malvern)219 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 171 Glenferrie Road, Malvern, VIC 3144Distance
    Wattletree RdKooyong Rd751 m
    Armadale Railway Station/Kooyong Rd (Armadale)772 m
    Dandenong Rd/Kooyong Rd (Armadale)786 m
    St James Rd/Kooyong Rd (Armadale)791 m
    High St/Kooyong Rd (Armadale)873 m
    POWERED BY HERE ©
POWERED BY HERE ©

DUAL INCOME INVESTMENT

  • Income: $59,854.54 p.a plus GST
  • Build area: 150m2
  • Rear access and on-site parking
Teska Carson is pleased to offer 171 Glenferrie Road for sale, an exceptional retail investment opportunity.

Situated in a thriving location, Malvern is home to a mix of national tenants including Coles supermarket directly across the road and within close proximity to Malvern Central, anchored by David Jones and Woolworths. Serviced by lifestyle amenity, the property is only a short walk away from Malvern Station (700m) and provides immediate access to multiple tram stops along Glenferrie Road and High Street.

Erected on the land is a two-level building occupied by experienced businesses, the ground floor is tenanted by a boutique retailer with two locations and the first floor by Ani Jewellers, a family run business established in 1981.

The property benefits from rear access and on-site car parking.

Key considerations for this rare opportunity are as follows:

- Land area: 111m2
- Build area: 150m2
- Well-presented two-level building with quality fit-outs on each floor
- Income: $61,375 p.a plus GST (as at 15/10/2024)
- Surrounded by public parking
- Centrally located on Glenferrie Road
- Located only 8km northwest of Melbourne’s CBD.

Please do not hesitate to call for further information or to arrange an inspection.

Property ID: 504697488Last Updated: 23 Oct 2024

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