287 - 289 Glengala Road,
Sunshine West, VIC 3020

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Suburban Retail Gem -5 x Retail Shops + 1 Residence On 4 Titles

Superb retail investment with multiple income streams all fully leased to long standing tenants.
Land totaling 1004m2 and boasting a 27.7m wide frontage on this highly visible main road within this growing residential corridor.
Potential future upside to further develop (S TCA).

287 Glengala Road -Medical Clinic
3 Year Lease - 01/05/12
Options 2 x 3 years
Rent $15,455 + GST + outgoings
Price Range $290,000 - $320,000

287A Glengala Road -Fish & Chips
2 Year Lease - 18/02/11
Options 2 x 5 years
Rent $19,404 + GST + outgoings
Price Range $280,000 - $310,000

287B Glengala Road - Hairdresser
3 Year Lease - 07/11/10
Options 1 x 3 years
Rent $18,460 + GST + outgoings
Price Range $280,000 - $310,000

289 Glengala Road - Milk Bar & Residence
4 Year Lease - 18/04/12
Options 2 x 4 years
Rent $26,181 + GST + outgoings
289A Glengala Road - Bottle Shop
3 Year Lease - 22/02/10
Options 4 x 3 years
Rent $18,350 + GST
Price Range $650,000 - $700,000

Tom Kyriakou 0418 322 4...
Tan Truong 0403 214 9...