77-79 Murrumbeena Road,
Murrumbeena, VIC 3163

Wardrops Buildings (circa 1921)

An astute investment opportunity presents itself in this outstanding freehold offering.

Prominently situated on the corner of Murrumbeena and Neerim Road, within the the heart of Murrumbeena/Carnegie district, this iconic two storey retail and residential freehold is a worthy addition to any investment portfolio.

The property incorporates a ground floor retail component trading as Jordans's Meze Bar/Restaurant and a fully self contained first floor residence comprising two bedrooms and open plan living/dining room.

The property is offered subject to a new 5 year lease commencing 1 July 2008 at a passing rental of $36,400 per annum + GST.

Annual rental reviews are to 3% with two further terms of five years attaching to the lease.

Terms: 10% deposit, balance 60 days.

For further particulars, please contact the marketing agents.

Inspections by appointment.