Exceptional Malvern Corner Investment
Fitzroys and Aston Commercial are delighted to offer 193-195 Glenferrie Road and 86-92 Union Street, Malvern for sale by Expressions of Interest closing Wednesday 23rd March at 3pm.
This magnificent multi-tenanted property offers investors a rare opportunity to secure a significant freehold with strong passing income, positioned within the prime trading section of one of Melbourne’s strongest performing and most prestigious retail strip centres.
Key details of the offering include:
- Two storey building comprising 5 shops, first floor office and onsite parking
- Site area of 336sqm*
- Dominant corner position with combined frontage of 55 metres*
- Fully leased to 6 quality tenants
- Returning $310,000* per annum plus outgoings and GST
- Directly opposite Glenferrie Road’s anchor tenant and major drawcard, Coles Supermarket
- High foot traffic location, surrounded by various National retailers, all major Banks and a host of popular eateries
- Glenferrie Road services an exclusive catchment of Melbourne most prestigious suburbs including Toorak, South Yarra, Armadale, Kooyong, Caulfield, Malvern and Prahran
- First time offered in 30 years
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 23rd MARCH AT 3PM.