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1525 High Street
Glen Iris VIC 3146
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Sold on 6 Aug 2014

1525 High Street Glen Iris VIC 3146

  • Offices
  • 226 m²
  • Sold, $700,000

LONG TERM COMMERCIAL INVESTMENT OPPORTUNITY IN GLEN IRIS

- Brand new 5 x 5 Lease commenced May 2014
- Returning $32,000 per annum plus GST plus Outgoings
- Annual increases and market reviews at options
- Total land area 226m2 approx.
- Building area over two levels 150m2 approx.

Benefitting from maximum exposure along Glen Iris' popular High Street shopping precinct, seize this magnificent opportunity to claim a slice of this trendy strip in an affluent Melbourne suburb and with it, the prospect of attractive returns and future rewards.

A flawlessly presented interior that's had no expense spared and is meticulously cared for will provide peace of mind to the astute investor. There's also the comfort of a new 5 x 5 lease in place to longstanding local business, PEERS hairdressing salon who have been in the area for approx. 28 years.

Adding further appeal, a coveted location that enjoys fantastic capital growth is also within walking distance of Glen Iris train station and the No. 6 tram, and is located at the entrance of the Monash Freeway.

An investment of this caliber is often sought but rarely found!

Auction Wednesday 6th August 2014 @ 1pm on-site

Paul Rizzo 0418 688 888
George Kelepouris 0425 798 677

Property Highlights

Date Sold6 Aug 2014
Sold Price$700,000
Floor AreaAsk Agent
Land Area226 m²
ParkingAsk Agent
Property ID2011235326
Category
Last updated  1 Sep 2014
Map for 1525 High Street Glen Iris VIC 3146

Property Highlights

Date Sold6 Aug 2014
Sold Price$700,000
Floor AreaAsk Agent
Land Area226 m²
ParkingAsk Agent
Property ID2011235326
Category
Last updated  1 Sep 2014
Level 1/7-9 Atherton Rd Oakleigh VIC 3166

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