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.