A rare opportunity to secure a prime multi-tenanted corner freehold adjacent the main retail anchor of the shopping strip:
+ Located adjacent Coles Supermarket and large public car park; promoting strong pedestrian footfall along Winter Street.
+ Prime position within the Glenferrie Road Malvern retail strip; one of Australia’s premier retail shopping strips supported by a strong socio-economic retail catchment.
+ Corner retail & commercial freehold with combined frontage of 60 metres*
+ Land area 446 sq m*
+ Substantial two level retail & commercial building comprised of 8 tenancies across 700 sq m*
+ Multi-tenanted building including new 7 year lease to Sushi Sushi as well as long lease to local cafe institution Winter Cafe; part of the substantial ‘Only Hospitality’ Group. Other popular tenants including Here Yoga on the first floor as well About Sight Optometrists on Glenferrie Road.
+ Three letting opportunities exist to increase income.
+ Several asset management initiatives to enhance performance.
+ Estimated fully leased income $426,416 pa plus GST
For sale by public on site auction Friday 20th August 2021 at 12:30pm.
* denotes approx.
For further information on this sale, contact the exclusive selling agents.