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193-195 Glenferrie Road and 86-92 Union Street
MALVERN, VIC 3144

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Property Description

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
  • approx.

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 23rd MARCH AT 3PM.

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Consultant

Chris Kombi

M: 0438 156 236
E: kombic@fitzroys.com.au

Mark Talbot

M: 0409 222 411
E: talbotm@fitzroys.com.au

Property Information

Property ID
132318

Price
Contact Agent

Building
460m2

Land
336m2