31 High Street,
Glen Iris, VIC 3146
Shops & Retail • Development Sites & Land • Other
Price information
Sale
CONTACT AGENT
Key property information
Land area
Floor area
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$62,400
Private inspections
to arrange a private inspection.
Map of 31 High Street
Train stations within 5 km of 31 High Street, Glen Iris, VIC 3146 Distance Glen Iris Station 684 m Darling Station 849 m Ashburton Railway Station (Ashburton) 1.4 km Alamein Station 1.5 km Gardiner Station 1.5 km POWERED BY HERE ©Tram stops within 5 km of 31 High Street, Glen Iris, VIC 3146 Distance 53-Malvern Rd/High St (Glen Iris) 801 m 52-Boyanda Rd/High St (Glen Iris) 1 km 51-Burke Rd/High St (Glen Iris) 1.2 km 52-Burke Rd/Wattletree Rd (Malvern East) 1.4 km 50-Burke Rd/Malvern Rd 1.5 km POWERED BY HERE ©Bus stops within 5 km of 31 High Street, Glen Iris, VIC 3146 Distance Estella St/Albion Rd (Glen Iris) 97 m Barina Rd/High St (Glen Iris) 128 m Victor Rd/High St (Glen Iris) 144 m Mons St/Albion Rd (Glen Iris) 191 m Saxby Rd/Albion Rd (Glen Iris) 296 m POWERED BY HERE ©
POWERED BY HERE ©
FREEHOLD INVESTMENT WITH UPSIDE
- RETURNING $62,400 PA NET
- 3 YEAR LEASE FROM JULY 2023
- ZONED COMMERCIAL 1
Crabtrees Real Estate are pleased to offer 31 High Street, Glen Iris to the market For Sale.
This securely tenanted investment offers Commercial 1 Zoning and is situated near major arterials such as Monash Freeway and Warrigal Road making it ideal for future development.
Lease Details:
+ Leased to Kenichi Okumura & Atsuki Hiriat trading as Izakaya Chouchou
+ Rental income of $62,400 per annum plus GST and Outgoings
+ Three (3) Year term commencing from July 2023
+ 4% annual increases
+ Two (2) further terms of three (3) years
Key Property Features:
+ Main road freehold with site area of 225 sqm*
+ Prime retail space of 140 sqm*
+ Commercial Kitchen Fit-out
+ Front and rear lane access
+ Commercial 1 Zoning ideal for mixed used redevelopment
+ Within a short distance to Monash Freeway Entrance
Crabtrees Real Estate is built on history, reputation and expertise.
We offer a level of knowledge others can't match.
Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!
This securely tenanted investment offers Commercial 1 Zoning and is situated near major arterials such as Monash Freeway and Warrigal Road making it ideal for future development.
Lease Details:
+ Leased to Kenichi Okumura & Atsuki Hiriat trading as Izakaya Chouchou
+ Rental income of $62,400 per annum plus GST and Outgoings
+ Three (3) Year term commencing from July 2023
+ 4% annual increases
+ Two (2) further terms of three (3) years
Key Property Features:
+ Main road freehold with site area of 225 sqm*
+ Prime retail space of 140 sqm*
+ Commercial Kitchen Fit-out
+ Front and rear lane access
+ Commercial 1 Zoning ideal for mixed used redevelopment
+ Within a short distance to Monash Freeway Entrance
Crabtrees Real Estate is built on history, reputation and expertise.
We offer a level of knowledge others can't match.
Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!
Property ID: 504376300Last Updated: 16 Dec 2024
31 High Street
Glen Iris, VIC 3146
Crabtrees Real Estate - Melbourne 1/11-15 Smeaton Avenue Dandenong South & 20-22 Atherton Road
OAKLEIGH, VIC 3166
OAKLEIGH, VIC 3166
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