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169 Glenferrie Road, Malvern, VIC, 3144

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169 Glenferrie Road, Malvern, VIC, 3144

Malvern

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Sold Check
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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
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)
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

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

Property Map
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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