125-127 Glenferrie Road,
Malvern, VIC 3144

Emmetts are delighted to present an exceptional Malvern freehold retail investment, 125 Glenferrie Road Malvern, for sale by Public Auction on Wednesday 1st December at 2:30pm onsite.

A premium multi tenanted retail freehold, with a rare 9m* frontage to the prime trading section of Glenferrie Road, and tenanted by two long standing highly regarded tenants with strong future rental growth potential.

The property further benefits from a large public carpark at the rear, and presents genuine upside for investors.

Key features include:

+ Located in the prime section of Glenferrie Road Malvern - one of Melbourne's most sought after retail strip centres, underpinned by an exceptionally strong socioeconomic catchment with a high proportion of high-income households.
+ Significant frontage of 9m*, a rarity along retail strips.
+ Retail catchment underpinned by proximity to private schools, and high-income families with an impetus to spend.
+ Outstanding public transport amenity; moments from train and tram options.
+ Diversified income from two tenants, both of which are highly regarded locally.
+ Combined income of $149,325 per annum plus outgoings plus GST^
+ Strong future rental growth potential.
+ Rear access with under-croft parking for three cars.
+ Council car parking for circa 80 cars* at the rear of the property.
+ Future development potential (STCA).

Please contact the exclusive agents Emmetts for further information.

^ as at 1st Feb 2022
* denotes approx.