A Stylish Glenferrie Road Investment

202 Glenferrie Road, Malvern, Victoria 3144

Land / Retail For Sale

Auction. Date 26 Nov 2015
Land Area: 156.00 m2.    Floor Area: 175.00 m2.    

Description

Colliers International is pleased to offer this rare and affordable retail investment in the heart of one of Melbourne’s superior retail strips, Glenferrie Road Malvern.

Benefitting from a 5 year lease to well established tenant, Do or Dye Hair, this secure investment asset is one you do not want to miss out on.

Key features of this impeccable investment include the following:

- 5 year lease with options
- Net rental of $64,117 plus GST and outgoings per annum
- Prime position in the heart of the Glenferrie Road Malvern shopping strip amongst a host of national retailers including Coles, Bank of Melbourne, ANZ, Dan Murphy’s, Grill’d etc
- Land area of 156sqm with rear access
- Benefit of council car park to the rear
- Secure lease to well established tenant
- Located in one of Melbourne’s most affluent suburbs and a retail strip which has stood the test of time

For further details on this outstanding investment please contact exclusive marketing agents Colliers International.

Features

  • Net Income of $64,117 p.a.
  • Five year lease with options
  • Outstanding Glenferrie Road location

Transaction Details

02 Aug 2017
202 Glenferrie Road, MALVERN VIC 3144, AUSTRALIA

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