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Gross Waddell ICR - Commercial

12 Kingsway Glen Waverley, VIC 3150

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12 Kingsway,
Glen Waverley, VIC 3150

Shops & Retail

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Sold

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Gross Waddell ICR - Commercial
Alex Ham
Glenn Ye 叶格林

Gross Waddell ICR - Commercial

Level 1, 30 Collins Street
MELBOURNE, VIC 3000
Gross Waddell ICR - Commercial
12 Kingsway
Glen Waverley, VIC 3150

Map of 12 Kingsway

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A HEALTHY INVESTMENT

  • New lease
  • Established tenant
  • Tightly held retail precinct
** SOLD PRIOR TO AUCTION **

Gross Waddell ICR is pleased to offer for sale via auction this incredibly rare opportunity to secure a freehold property within one of Melbourne’s most highly desirable and tightly held retail shopping strips.

Property highlights include:

• New 6 year lease

• Leased to established medical operator

• Strong rental income of $130,000* p.a.

• Annual CPI increases

• Land: 209sqm*, zoning Commercial 1

• Single level retail building of 150sqm*

• Onsite car parking at rear

• Neighbouring established and national retailers including NAB, Commonwealth Bank and Dan Murphy’s

12 Kingsway, Glen Waverley is offered for sale via Public Auction on Wednesday 6th December 2023 at 2.30pm onsite. For further information or to organise an inspection please contact Gross Waddell ICR directly.

Transaction managed by LDB Property.

*Approx.

Property ID: 504454196Last Updated: 29 Nov 2023

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