Shop 3, 148 Wattletree Road,
Malvern, VIC 3144

This impressive contemporary retail premises represents an rewarding investment approach in a location offering all the benefits associated with immediate proximity to Glenferrie Road.
Surrounded by complementary retail outlets, with ample off street council parking, this securely leased commercial property, still in as new condition, suggests depreciation allowances as a further attraction.
The light-filled retail display space is complemented by kitchenette and office alcove, private storage area and w/c. .
A net lettable area of some 41sqm approx, currently returning annual rent of approximately $24,170 pa approx. + outgoings, is currently securely leased to a first class tenant with a strong track record in retail success.
A 3 year lease that commenced on 14/01/2008 offers options of further terms of 2 years and 5 years .