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123 Glenferrie Road Malvern, VIC 3144

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123 Glenferrie Road,
Malvern, VIC 3144

Shops & Retail

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INVEST IN A JEWEL ON GLENFERRIE ROAD

Situated between Lianeast Road and Wattletree Road this income earning retail investment is an golden opportunity. As a two story freehold of approx. 114m2 comprising a very presentable retail trading area and back of house work room on the ground floor with 3 more sizable work spaces upstairs.

Excellent ROW access and rear carpark.

Leased until 15th October, 2016 with a current rental of $74,630pa and 4% annual increases, there is an opportunity to then re-negotiate a lease renewal or become an owner occupier.

Further development potential (STCA).

Zoned : Commercial 1
Land: 161m2 approx.
Terms: 10% Deposit
Balance 60 days
Estate Solicitor: Aitkin Partners

Property ID: 501102367Last Updated: 7 Jul 2014

0411 592 9...
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123 Glenferrie Road
Malvern, VIC 3144
Kevin Sheehan Property - Kew
Ground Floor, 5 Wellington Street
KEW, VIC 3101

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