PRIME MALVERN
RETAIL FREEHOLD
SOLD

125-127 Glenferrie Road, Malvern

PRIME MALVERN RETAIL FREEHOLD INVESTMENT LEASED TO TWO LONGSTANDING TENANTS – – SOLD

Emmetts are delighted to exclusively present for sale an exceptional Malvern retail freehold investment, by public auction on Wednesday 1 December at 2:30pm on site.

A premium multi-tenanted freehold, with a valuable 9 metre* frontage to the prime trading section of Glenferrie Road, and tenanted by two long standing, highly regarded tenants with strong rental growth potential.

Key features include:

+ Located in a prime section of Glenferrie Road Malvern – one of Melbourne’s most well regarded retail strip centres, underpinned by an exceptionally strong socioeconomic catchment with a high proportion of high-income households.

+ Valuable frontage of 9 metres* – a rarity along retail strips and a comparative standout feature enhancing the property’s rental and capital value.

+ Outstanding public transport amenity; moments from rail and tram options.

+ Diversified income from two long term tenants – Roxanne Fashions & Melbourne Taekwondo.

+ Combined income of $149,325 per annum plus GST & outgoings.

+ Strong future rental growth potential.

+ Rear access with undercroft parking for three cars.

+ Council car parking for circa 80 cars at the rear of the property.

+ Future development potential (STCA).

For sale by public auction on Wednesday 1st December at 2:30pm on site.

* denotes approx.

For further information on this sale, contact the exclusive selling agents.

Call Us

Charles Emmett
+61 402 358 069
Enquire With Agent
Andrew Milligan
+61 421 559 992
Enquire With Agent

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