119 Gardenvale Road,
Gardenvale, VIC 3185

Nichols Crowder is delighted to offer to the market a substantial freehold commercial investment which is fully leased to four quality tenants. Located in a tightly held mixed use retail strip, this unique opportunity is a rare and affordable offering for the astute investor.

The investment is highlighted by:

* Secure income stream of $57,060 pa gross (as at 3 June 2017)
* 4 separate offices - fully leased to 4 tenants
* High quality offices with good security and amenities
* Total building area: 111sqm approx.
* Annual rental increases
* All relatively new leases
* Stand alone freehold (no Owners Corporation)
* Major land parcel: 278sqm approx. (Commercial 1 zoning)
* Tenancy areas allow affordability for tenants resulting in little vacancy
* Affluent Bayside location close to Gardenvale train station and popular cafes/eateries
* Easy access to Melbourne CBD and Bayside via nearby Nepean Highway

Stand-alone and affordable investments are rarely offered to the market and this opportunity is perfect for your portfolio.

For further information and contracts contact:

JULIAN VAUTIN - 0420 406 6... or julianv@nicholscrowder.com.au
JAMES GLEN - 0401 493 2... or jamesg@nicholscrowder.com.au

NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated.