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198 Glenferrie Road, MALVERN, VIC, 3144
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198 Glenferrie Road, MALVERN, VIC, 3144

2. Property Highlights

Two Level Freehold on Iconic Glenferrie Road
  • Secure 5 year lease plus options
  • Fixed Annual 3% Increases
  • Investor Favoured Net Lease Structure

+ Secure 5 year lease plus options to June 2035

+ Investor friendly lease with tenant paying all usual outgoings as per the lease

+ Fixed annual 3% increases

+ Leased to Pizza888, leading Melbourne Based Pizza chain with multiple locations

+ Two level 189sqm* building including retail and separate first floor apartment

+ 165sqm* site with dual street frontage and car parking on-title

+ Superbly located within Glenferrie Road’s renowned and ever popular dining precinct

+ A proven performing location with minimal tenant changes over the past 20 years

+ Abundance of leading surrounding retail offerings including: Coles, Dan Murphy’s, Grill’d, Yo-Chi, Commonwealth Bank, ANZ and Westpac

+ Malvern: Affluent inner city suburb 11km from the Melbourne CBD with a Median house price of $2,867,500

+ Estimated Net Rent: $71,722 pa + GST

To be sold by Investment Portfolio Auction: 

10:30am (AEDT)

Wednesday 15th December 2021

River Room, Crown Casino, Melbourne

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents. 

Remember to mention you found this property on CommercialReady.com.au

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Matthew Wright
Matthew Wright
+61 *** *** *** show +61 458 290 588

3. Property Location

198 Glenferrie Road, MALVERN, VIC, 3144

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4. Due Diligence

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198 Glenferrie Road, MALVERN, VIC, 3144 Malvern
Burgess Rawson - Melbourne
Burgess Rawson - Melbourne
Level 20/150 Lonsdale St, Melbourne VIC 3000
Matthew Wright
Matthew Wright
+61 *** *** *** show +61 458 290 588
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