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SOLD

331-339 Glen Huntly Road - Cnr St Georges Road, Elsternwick, VIC, 3185

Properties / Sold / Victoria / Elsternwick

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Contact Agent

Land Area

621.40 m² (*approx)

Floor Area

717 m² (*approx)

Property Type

Retail

Sub-type

Cafe/Restaurant, Mixed Use

Est. Income

$265,720 p/a

Fully Leased

Leased to 6 tenants including national burger chain Betty’s Burgers

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2. Property Highlights

PRIZED ELSTERNWICK RETAIL CORNER

Land area: 621.4 sqm*
Building area: 717.2 sqm*
Strong income stream

** SOLD **

Gross Waddell ICR is pleased to offer for sale 331-339 Glen Huntly Road, Elsternwick (Cnr St Georges Road). This prized retail corner positioned within the heart of Elsternwick is a true once in a generation opportunity.

• Significant land area of 621.4 sqm*

• Three street frontages including 20.4m* to Glen Huntly Road and 30.5m* to St Georges Road

• Leased to 6 tenants including national burger chain Betty’s Burgers

• Strong income stream of $265,720* p.a. net

• Substantial 2 level building with a lettable area of 717.2 sqm*

- Ground Floor: 473.3 sqm*

- First Floor: 243.9 sqm*

• Flexible Commercial 1 zoning allowing for future multi-level development (STCA)

• Surrounded by national and established retailers

• Excellent public transport amenity nearby with tram services on the doorstep and metres from Elsternwick train station

331-339 Glen Huntly Road, Elsternwick is for Private Sale.

For further information or to organise an inspection, please contact Gross Waddell ICR directly.

*Approx.

Remember to mention you found this property on CommercialReady

Property Type

Retail

Sub-type

Cafe/Restaurant, Mixed Use

Est. Income

$265,720 p/a

Number Of Tenants

Tenant

Leased to 6 tenants including national burger chain Betty’s Burgers

Land Area

621.40 m² (*approx)

Floor Area

717 m² (*approx)

Selling Method

Auction

Selling Details

Contact Agent

2. Property Highlights

PRIZED ELSTERNWICK RETAIL CORNER

Land area: 621.4 sqm*
Building area: 717.2 sqm*
Strong income stream

** SOLD **

• Significant land area of 621.4 sqm*

• Three street frontages including 20.4m* to Glen Huntly Road and 30.5m* to St Georges Road

• Leased to 6 tenants including national burger chain Betty’s Burgers

• Strong income stream of $265,720* p.a. net

• Substantial 2 level building with a lettable area of 717.2 sqm*

- Ground Floor: 473.3 sqm*

- First Floor: 243.9 sqm*

• Flexible Commercial 1 zoning allowing for future multi-level development (STCA)

• Surrounded by national and established retailers

• Excellent public transport amenity nearby with tram services on the doorstep and metres from Elsternwick train station

331-339 Glen Huntly Road, Elsternwick is for Private Sale.

For further information or to organise an inspection, please contact Gross Waddell ICR directly.

*Approx.

Remember to mention you found this property on CommercialReady

331-339 Glen Huntly Road - Cnr St Georges Road, Elsternwick, VIC, 3185 Elsternwick

Gross Waddell ICR

Level 1, 30 Collins Street Melbourne VIC 3000

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Alex Ham

+61 *** *** *** show +61 410 545 226

Michael Gross

+61 *** *** *** show +61 419 355 561

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

331-339 Glen Huntly Road - Cnr St Georges Road, Elsternwick, VIC, 3185