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801A Dandenong Road, Malvern East, Vic 3145

801A Dandenong Road, Malvern East, Vic 3145

Retail

  • For Sale
  • Contact Agent
  • For Sale

Prime Freehold Investment

  • Current net annual rental $98,700
  • Long term lease
  • Outstanding location

  • Floor Area
  • 237 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Jun 14, 2019
  • Car Spaces
  • 2
  • Parking Comments
  • 2

Interested in this property? Contact an Agent today

Grandfield Property Group - Melbourne

Suite 507, 1 Queens Road, Melbourne VIC 3004

Melbourne Vic 3004

Prime Freehold Investment

Grandfield Property Group is pleased to offer this prime freehold investment located at 801A Dandenong Road, Malvern East for Immediate Private Sale.

Well located in the sought-after blue-chip Malvern East area in close proximity to Monash University Caulfield Campus and Caulfield Racecourse, this freehold opportunity offers excellent investment with long-term lease.

Key attributes of this prime investment include:

+ Brand new shop located on the ground floor of the iconic “Vanguard Apartments”
+ Fully leased to Owners Corporation used as residential gym
+ Annual net rental income of $98,700 with fixed annual increase
+ Brand new long term lease
+ Area: 237 m2*
+ 2 basement car parks
+ 322 architecturally designed residential apartments directly above
+ The only dedicated gym facility in the building for residents and Sebel Hotel directly above
+ Outstanding public transport including Caulfield Railway Station located 450m* away and tram stop providing direct access to CBD

*approx.

801A Dandenong Road, Malvern East, Vic 3145

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