Elsternwick Investment In The Heart of The Action
Fitzroys is delighted to offer a generational retail freehold property located at 404 Glen Huntly Road, Elsternwick for sale via Public Auction on Wednesday 5th April at 2.30pm onsite.
The key attributes of this offering include:
- Highly exposed position, within the heart of Elsternwick’s dynamic retail and lifestyle precinct
- Immediately surrounded by a plethora of National tenants including NAB (next door), CBA, Westpac, ANZ, Coles supermarket, Officeworks, Telstra, Optus, Specsavers, Sussan, Vintage Cellars, Officeworks, OPSM and more.
- Land area of 240sqm* with rear access
- Two storey building of 195sqm* with modern improvements throughout
- New 5 + 5 + 5 year lease to popular Japanese restaurant, Taku
- Excellent rental growth potential
- Favourable Commercial 1 Zoning (C1Z) with future development upside (STCA)
- Large council car park at rear
- Excellent public transport amenity nearby with tram services at doorstep and metres from Elsternwick train station
- Rare opportunity to invest in the core trading section of Glen Huntly Road
404 GLEN HUNTLY ROAD - FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 5TH APRIL AT 2.30PM ONSITE