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YPA Bayside - PORT MELBOURNE

3/1A Gladstone Parade Glenroy, VIC 3046

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3/1A Gladstone Parade,
Glenroy, VIC 3046

Shops & Retail • Offices • Medical & Consulting

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3 LEVEL COMMERCIAL BUILDING - PRIME GLENROY

A phenomenal investment opportunity to secure a Multi-Level building right in the Heart of Glenroy. Ground Level has a long-term tenant operating a Hospitality business, Levels 2 & 3 tenanted with Lawyers also with a long-term lease. Astute investors will be very impressed with the current yield of 4.85% NET (approx.).

• Commercial 1 Zoning
• Rental return $63,000 + GST + outgoings (approx.)
• Total Building area 225 sqm (approx.)
• Nearby National Retailers Coles, Chemist Discount Centre, Cash Converters & more
• 4 Mins Walking Distance to Glenroy Train Station
• Plenty of off-street parking nearby
• Primary/Secondary & religious Schools all within minutes

The location is perfect! 15 minutes to Essendon, DFO, Moonee Ponds, 10 minutes to Gladstone Park Shopping Centre, also providing very Swift access to all the major arterial roads heading to Melbourne, The West & the South-Eastern suburbs. A rock-solid investment opportunity set brilliantly in a sought-after location.

Property ID: 504266996Last Updated: 7 Aug 2023

YPA Bayside - PORT MELBOURNE

213 Bay Street
PORT MELBOURNE, VIC 3207
04779722...
YPA Bayside - PORT MELBOURNE
3/1A Gladstone Parade
Glenroy, VIC 3046
YPA Bayside - PORT MELBOURNE
213 Bay Street
PORT MELBOURNE, VIC 3207

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