329 Glenhuntly Road,
Elsternwick, VIC 3185

Nichols Crowder is delighted to offer for sale this stunning corner property at 329 Glenhuntly Road Elsternwick.

The key attributes of this fantastic property include:

* Prominent corner building
* First time offered in over 40 years
* Lease expiry May 2020 (no options)
* Leased to Child & Adult toy store - have been in tenure for over 30 years
* Net rental of $81,586 per annum
* Two storey building of 278sqm approximately
* Fantastic off street car parking
* Highly affluent, sought after location with median house price of $1,610,000
* 200 metres from Elsternwick station

FIRST FLOOR DWELLING
* Original three (3) bedroom apartment
* Brilliant natural light throughout
* High ceilings
* Includes kitchen and toilet
* Separate access from shop

FUTURE POTENTIAL
* Future owner occupation upside - prized corner site
* Refurbishment
* Hold as an investment
* Split income via two tenancies

This truly is a unique and rare opportunity to secure a large parcel of Commercial 1 zoned land with endless flexibility on the property.

329 Glenhuntly Road, Elsternwick will be for sale via Public Auction on Thursday, 2 November 2017 at 12.00 noon on site.

Open for inspection times available by request or as shown.

For further information contact:
JAMES GLEN - 0401 493 2...
jamesg@nicholscrowder.com.au

SALLY-ANNE MCQUILLAN - 0400 203 203
sallyanne@nicholscrowder.com.au

NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated.