1525 High Street,
Glen Iris, VIC 3146
Shops & Retail • Offices
Price information
Sold
$700,000
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 1525 High Street
LONG TERM COMMERCIAL INVESTMENT OPPORTUNITY IN GLEN IRIS
- Brand new 5 x 5 Lease commenced May 2014
- Returning $32,000 per annum plus GST plus Outgoings
- Annual increases and market reviews at options
- Total land area 226m2 approx.
- Building area over two levels 150m2 approx.
Benefitting from maximum exposure along Glen Iris popular High Street shopping precinct, seize this magnificent opportunity to claim a slice of this trendy strip in an affluent Melbourne suburb and with it, the prospect of attractive returns and future rewards.
A flawlessly presented interior thats had no expense spared and is meticulously cared for will provide peace of mind to the astute investor. Theres also the comfort of a new 5 x 5 lease in place to longstanding local business, PEERS hairdressing salon who have been in the area for approx. 28 years.
Adding further appeal, a coveted location that enjoys fantastic capital growth is also within walking distance of Glen Iris train station and the No. 6 tram, and is located at the entrance of the Monash Freeway.
An investment of this caliber is often sought but rarely found!
Auction Wednesday 6th August 2014 @ 1pm on-site
Paul Rizzo 0418 688 888
George Kelepouris 0425 798 677
- Returning $32,000 per annum plus GST plus Outgoings
- Annual increases and market reviews at options
- Total land area 226m2 approx.
- Building area over two levels 150m2 approx.
Benefitting from maximum exposure along Glen Iris popular High Street shopping precinct, seize this magnificent opportunity to claim a slice of this trendy strip in an affluent Melbourne suburb and with it, the prospect of attractive returns and future rewards.
A flawlessly presented interior thats had no expense spared and is meticulously cared for will provide peace of mind to the astute investor. Theres also the comfort of a new 5 x 5 lease in place to longstanding local business, PEERS hairdressing salon who have been in the area for approx. 28 years.
Adding further appeal, a coveted location that enjoys fantastic capital growth is also within walking distance of Glen Iris train station and the No. 6 tram, and is located at the entrance of the Monash Freeway.
An investment of this caliber is often sought but rarely found!
Auction Wednesday 6th August 2014 @ 1pm on-site
Paul Rizzo 0418 688 888
George Kelepouris 0425 798 677
Property ID: 501177475Last Updated: 4 Sep 2014
(03) 9568 20...
1525 High Street
Glen Iris, VIC 3146
RWC - Oakleigh7-9 Atherton Road
OAKLEIGH, VIC 3166
OAKLEIGH, VIC 3166
Contact Agency
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
1-3, 5-7 & 15 Weir Street,Glen Iris, VIC 3146 6151 m²Shops & Retail • Development Sites & Land