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1318-1326 Malvern Road
Malvern, Victoria 3144

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Property Description

A Top Shelf Investment With Future Value Add

A first class investment within the highly sought after Malvern Village between Tooronga and Glenferrie Roads. The area has recently undergone significant change with numerous commercial and residential developments completed and under construction. Lion Nathan provides an incredible landbank opportunity with future 'value add' potential.(STCA) - Land Area: 1,353m2* - 3 street frontages: Malvern Road - 34.14m, McArthur St - 39.62m, Rear ROW - 34.14m* - Building Area: 1,701m2* - 51 secure car parks - Occupied by Lion Nathan (subsidiary of the multinational Kirin Brewing Holdings Company Ltd) - Term: 5 + 5 years from 1st July 2014 Rental: $683,311* pa net plus all outgoings including land tax on a single holding basis For Sale by Expression of Interest closing Thursday 16th October

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Consultant

David Bourke

P: 03 9275 7712
M: 0407 705 755
E: bourked@fitzroys.com.au

Peter Weatherby

P: 03 9275 7730
M: 0418 511 335
E: weatherbyp@fitzroys.com.au

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Property Information

Property ID
9420

Price
$12,300,000