Classy High Street Investment

• Centrally positioned within one of Melbourne most valuable and in demand shopping precincts
• Beautifully presented building of 170sqm approx
• Land Area of 225sqm approx.
• Excellent rear access via wide right of way from Huntingtower Rd
• Garaged on site parking at rear
• 3 + 3 year lease to long established tenant, Eternal Bridal
• Returning $79,040 per annum (as at 1/11/19) plus outgoings and GST
• Opportunity for future rental uplift
• Commercial 1 Zone
• Significant further development potential (stca) with concept plans prepared for a 4 Level mixed use building encompassing shop and 6 apartments
• Located within the prime trading section of High Street between Kooyong Road and Glenferrie Road
• Surrounded by a number of Australia’s leading retailers including Scanlan Theodore, Mecca, Aesop, Seed, Midas, Sheridan, Zimmermann, Gorman, Sportcraft and Woolworths Supermarket - to name a few
• Brilliant investment opportunity with strong future upside positioned within proven retail precinct