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169 Glenferrie Road, Malvern, VIC, 3144

Properties / Buy / Victoria / Malvern

Tenanted Investment

1. Property Summary

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

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2. Property Highlights

KEEP YOUR EYES ON THE PRIZE

Securely Leased to Blue Chip Tenant
Building Area: 262sqm*
Potential dual income stream

Gross Waddell ICR is pleased to offer 169 Glenferrie Road, Malvern for sale. Located in a prime corner position opposite Coles Supermarket and 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

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

2. Property Highlights

KEEP YOUR EYES ON THE PRIZE

Securely Leased to Blue Chip Tenant
Building Area: 262sqm*
Potential dual income stream

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

169 Glenferrie Road, Malvern, VIC, 3144 Malvern

Enquire

Gross Waddell ICR

Level 1, 30 Collins Street Melbourne VIC 3000

View Agency Profile

Michael Gross

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

Alex Ham

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

Raoul Salter

+61 *** *** *** show +61 418 335 432

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

169 Glenferrie Road, Malvern, VIC, 3144