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Auction - 1425-1427 Malvern Road, MALVERN, VIC 3144

Investment (), Retail

Twice As Nice In Malvern - 2 Shops On 1 Title

Auction: 12/10/2017 1:00:00 PM

Property ID: 10162 Price: Contact Agent Building: 300m²

Property Description

First Time Offered In Over 50 Years!

• Perfectly positioned within Malvern Road’s charming retail precinct
• Two double storey shops offered together
• New 5 x 5 year lease to established tenants Allpress Antiques and Milton Wine Shop
• Returning $81,033 per annum plus outgoings and GST
• Potential for rental uplift in 2018 (market review)
• Land area: 400sqm approx. with rear access off Tooronga Road
• Wide frontage of almost 11 metres to Malvern Road
• Excellent future subdivision / further development potential (stca)
• Surrounded by high quality boutique retailers, restaurants and cafes
• Tram services at doorstep
• Underpinned by rapidly growing residential catchment with numerous high density mixed use developments recently completed and others at various stages of planning, further bolstering this popular retail and lifestyle precinct
• Rare investment opportunity in blue chip location

FOR SALE BY PUBLIC AUCTION: Thursday 12th October at 1pm on site

For further details, please contact:

James Lockwood – 0402 824 441
Jordan Ceppi – 0418 232 122
Chris Kombi – 0438 156 236


Name Naber's Building Land Rent (p.a.) Price
Total N/A 300m2 N/A N/A Contact Agent

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