Iconic Malvern Garage with future development potential (STCA), securely leased to Malvern Automotive Repairs, represents a significant opportunity in several significant ways. As a reliable source of rental income from a first class tenant this exceptional site delivers immediate rewards, matched by subsequent scope to apply an alternative use at the expiry of the current lease STCA. This well known, highly strategic address offers some 355 sqm of premium Malvern land, wide street frontage and side lane access, literally around the corner from the Glenferrie retail and restaurant scene. Returning $65,000.00 per annum.