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Gorman Commercial Real Estate

773 Pascoe Vale Road Glenroy, VIC 3046

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773 Pascoe Vale Road,
Glenroy, VIC 3046

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Gorman Commercial Real Estate
Tom Maule
Dean Alexander

Gorman Commercial Real Estate

L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
Gorman Commercial Real Estate
773 Pascoe Vale Road
Glenroy, VIC 3046

Map of 773 Pascoe Vale Road

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SUBSTANTIAL FREEHOLD WITH 10 YEAR LEASE IN PLACE

  • Rental income: $71,630 pa + GST
  • Versatile building of 412 sqm*
  • Two street frontages
Gorman Commercial is pleased to offer 773 Pascoe Vale Road, Glenroy for private sale.

The property presents an outstanding main road building, with two street frontages and is securely leased to a longstanding tenant on a 10 year lease.

Key property features include:

* Rental income: $71,630 pa + GST
* Building area: 412 sqm approx.
* Land area: 348 sqm approx
* Abutting council car parking with entrance from the rear council car park as well
* Two (2) street frontages
* Zoning: Commercial 1
* Future development upside (STCA)
* Walking distance to the brand new and recently completed Glenroy railway station
* The immediate location is underpinned by quality anchor tenants including Coles Supermarket, Direct Chemist Warehouse, Commonwealth Bank and many more local service retail businesses

Located in the prime position of the Pascoe Vale retail strip, this excellent set and forget retail investment offers both income, security and long-term development potential.

Property ID: 504690004Last Updated: 21 Oct 2024

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