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169 Glenferrie Road, Malvern, VIC, 3144

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169 Glenferrie Road, Malvern, VIC, 3144

Malvern

169 Glenferrie Road, Malvern, VIC, 3144
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169 Glenferrie Road, Malvern, VIC, 3144

Malvern

SOLD
169 Glenferrie Road, Malvern, VIC, 3144

169 Glenferrie Road, Malvern, VIC, 3144

Properties / Sold / Victoria / Malvern
Tenanted Investment
Selling Method
Sale by Negotiation
Selling Details
Contact Agent
Land Area
167 m² (*approx)
Floor Area
262 m² (*approx)
Property Type
Retail
Sub-type
Strip Retail, Mixed Use
Terms
Long Lease: Five (5) year lease plus one option of five (5) years
Est. Income
$107,952 p/a
Fully Leased
Specsavers
Zone
Commercial 1
Show All
KEEP YOUR EYES ON THE PRIZE
  • Securely Leased to Blue Chip Tenant
  • Building Area: 262sqm*
  • Potential dual income stream

** SOLD **

Gross Waddell ICR is pleased to offer 169 Glenferrie Road, Malvern for sale. Located in a prime corner position opposite Coles Supermarket & ANZ and Westpac Banks it also offers immediate access to Dan Murphy’s and Malvern Central just 300m* south.

This two-storey period retail property is situated in the epicentre of a vibrant Malvern shopping precinct. Between the exclusive offerings of High Street Armadale and the wide and varied offerings of Glenferrie Road Malvern, the area is literally a shopping mecca for locals and visitors alike.

Property highlights:

• Building Area: 262sqm*

• Blue chip ground floor tenant - Specsavers

• Long Lease: Five (5) year lease plus one option of five (5) years

• Ground floor rent (as at 1/9/24): $107,952.00 p.a. net*

• Total net income $144K p.a.* plus GST including a 12 month rental guarantee for level 1

• On-site parking

The property is for Private Sale. For further information, please contact Gross Waddell ICR directly.

*approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

169 Glenferrie Road Investment Summary

Property Type
Retail
Sub-type
Strip Retail, Mixed Use
Est. Income
$107,952 p/a
Tenant
Specsavers
Terms
Long Lease: Five (5) year lease plus one option of five (5) years
Land Area
167 m² (*approx)
Floor Area
262 m² (*approx)
Zone
Commercial 1
Selling Method
Sale by Negotiation
Selling Details
Contact Agent

Investment Highlights

KEEP YOUR EYES ON THE PRIZE
  • Securely Leased to Blue Chip Tenant
  • Building Area: 262sqm*
  • Potential dual income stream

** SOLD **

Gross Waddell ICR is pleased to offer 169 Glenferrie Road, Malvern for sale. Located in a prime corner position opposite Coles Supermarket & ANZ and Westpac Banks it also offers immediate access to Dan Murphy’s and Malvern Central just 300m* south.

This two-storey period retail property is situated in the epicentre of a vibrant Malvern shopping precinct. Between the exclusive offerings of High Street Armadale and the wide and varied offerings of Glenferrie Road Malvern, the area is literally a shopping mecca for locals and visitors alike.

Property highlights:

• Building Area: 262sqm*

• Blue chip ground floor tenant - Specsavers

• Long Lease: Five (5) year lease plus one option of five (5) years

• Ground floor rent (as at 1/9/24): $107,952.00 p.a. net*

• Total net income $144K p.a.* plus GST including a 12 month rental guarantee for level 1

• On-site parking

The property is for Private Sale. For further information, please contact Gross Waddell ICR directly.

*approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

Download Development Site Report

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169 Glenferrie Road, Malvern, VIC, 3144

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Property Location of 169 Glenferrie Road, Malvern, VIC, 3144

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169 Glenferrie Road, Malvern, VIC, 3144 Malvern
Gross Waddell ICR
Gross Waddell ICR
Level 1, 30 Collins Street Melbourne VIC 3000
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