2/141 Waverley Road,
Malvern East, VIC 3145
Shops & Retail • Offices • Medical & Consulting
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Map of 2/141 Waverley Road
Circa 5.9% Yield | Prime 50 SQM Gem Near Monash University
The Property
* 50 sqm multi-functional retail space
* Commercial 1 zone
* Tenanted investment occupied by Mingka Head Spa
* Classy glass frontage
* Herringbone timber flooring provides style and elegance
* An inviting entry plus 2 enclosed offices and a storage room
* Internal sink/kitchenette
* External shared bathrooms
The Investment
* Tenanted investment returning $25,740 per annum net
* Tenant pays all outgoings
* 3 year term commenced 1st of February 2024
* 1 month rent free
* 4.5% annual reviews per annum
* 2 x further terms of 3 years
* Established tenant with a stronghold over the head and scalp treatment marketplace
The Location and Further Info
* Ground floor to "Campus walk 2" a Student Housing Australia precinct
* 450m from Monash University
* Surrounded by Food operators such as Gujju's Cafe, Mae, & L'Olivo
* Nearby national retailers include McDonalds, Subway, IGA, and Camp Australia
* Caulfield Train station 500m away
* 1.2km from Caulfield Racecourse and the Melbourne Racing Club
This property was listed with Modo's FREE Marketing Package featuring a virtual tour, photos, floor plan, online listings, and more.
* 50 sqm multi-functional retail space
* Commercial 1 zone
* Tenanted investment occupied by Mingka Head Spa
* Classy glass frontage
* Herringbone timber flooring provides style and elegance
* An inviting entry plus 2 enclosed offices and a storage room
* Internal sink/kitchenette
* External shared bathrooms
The Investment
* Tenanted investment returning $25,740 per annum net
* Tenant pays all outgoings
* 3 year term commenced 1st of February 2024
* 1 month rent free
* 4.5% annual reviews per annum
* 2 x further terms of 3 years
* Established tenant with a stronghold over the head and scalp treatment marketplace
The Location and Further Info
* Ground floor to "Campus walk 2" a Student Housing Australia precinct
* 450m from Monash University
* Surrounded by Food operators such as Gujju's Cafe, Mae, & L'Olivo
* Nearby national retailers include McDonalds, Subway, IGA, and Camp Australia
* Caulfield Train station 500m away
* 1.2km from Caulfield Racecourse and the Melbourne Racing Club
This property was listed with Modo's FREE Marketing Package featuring a virtual tour, photos, floor plan, online listings, and more.
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Property ID: 504508788Last Updated: 16 Apr 2024
04312866...
2/141 Waverley Road
Malvern East, VIC 3145
Modo PropertySuite 6, 609 Canterbury Road
SURREY HILLS, VIC 3127
SURREY HILLS, VIC 3127
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