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189-191 Glenferrie Road, Malvern, Vic 3144

189-191 Glenferrie Road, Malvern, Vic 3144

Retail

  • For Sale
  • Call Agent
  • For Sale

  • Land Area
  • 560.00 m² (approx)
  • Floor Area
  • 511 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Jun 29, 2020
  • Car Spaces
  • 4

Interested in this property? Contact an Agent today

MMJ Real Estate (Melbourne) Pty Ltd - Melbourne

25 Claremont Street

South Yarra Vic 3141

Prime Position Malvern Retail

MMJ Real Estate are pleased to offer for sale 189-191 Glenferrie Road, Malvern, a double fronted two storey retail and office building having a wide 12m frontage to Glenferrie Road and rear laneway access. The property is well located opposite Coles to take advantage of the established strong retail trade of Malvern.

The building provides two ground floor retail tenancies and two upper level office tenancies with three separate leases including a 10 year lease to well known Remy Bar Tapas. One tenancy is vacant with a 12 month rental guarantee to be provided. The improvements are of an excellent standard with many original features.

Key investment highlights include:

- Building Area: 510.7m2
- Income: $206,000pa + GST (incl Rent Guarantee)
- Four separate tenancies
- Commercial 1 Zone
- On Site Car Parking & Rear Access
- Excellent frontage to Glenferrie Road
- Opposite Coles and multiple national businesses

189-191 Glenferrie Road, Malvern, Vic 3144

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