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
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