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2. Property Highlights

TIMELESS FREEHOLD BUILDING FOR THE MOST ASTUTE OF COMMERCIAL PROPERTY INVESTORS
  • Long Term 7 Year Net Lease
  • Opposite Malvern Train Station
  • Strong Tenant + Fixed Annual Increases

CBRE is offering 'Radfords House', 1-3 Station Street, Malvern for sale under instructions from Advise Transact.

The freehold property is positioned in simply what is regarded as one of Melbourne’s finest suburbs, benefiting from immediate proximity to valuable public transport, retail and healthcare amenity, 1- 3 Station Street is being offered for sale with a long term 7 year lease commitment from Connors Sports Management.

Key details are summarised as follows:

+ A timeless and striking period style two level internally refurbished freehold building, boasting excellent investment fundamentals being directly opposite Malvern Station, having Commercial 1 Zoning and providing extensive street frontage to Station Street and convenient rear lane access

+ 7 year net lease to Connors Sports Management, a sports management business in operation for over 25 years, specialising in providing expert advice to AFL players with an extensive client list boasting a selection of the game’s leading players and coaches

+ Given the direct link to Australian Rules Football Industry– the country’s leading sporting code – the tenant is due to benefit from the surging growth of the national sporting competition as the game continues to increase in popularity and value relating to traditional and emerging (streaming) media rights

+ Close to the ever popular Malvern Central Shopping Centre, iconic Glenferrie Road and the under construction Malvern Collective residential apartment development, due to inject 265 apartments and 500 + residents in immediate walking distance*

+ Annual income of $85,000 + GST with annual increases providing guaranteed income and growth

Weekly Open For Inspections:

Tuesday 27th February: 12:00pm - 12:30pm

Tuesday 5th March: 10:30am - 11:00am

For Sale via Public On-Site Auction Thursday 7th March at 12:30pm (AEDT)

Contact CBRE for more information about this opportunity:

Nathan Mufale

+61 421 224 354

nathan.mufale@cbre.com.au

Alex Brierley

+61 447 974 447

alex.brierley@cbre.com.au

Scott Hawthorne

+61 400 861 048

scott.hawthorne@cbre.com.au

CBRE Asian Services Desk:

Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)

+61 411 059 116 (手机)

jj.heng@cbre.com (电子邮件)

jheng1206 (微信)

Transaction Advisor:

Advise Transact

*Denotes Approx.

Remember to mention you found this property on CommercialReady

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3. Property Location

1-3 Station Street, Malvern, VIC, 3144