3/1A Gladstone Parade Glenroy VIC 3046

A phenomenal investment opportunity to secure a Multi-Level building right in the Heart of Glenroy. Ground Level has a long-term tenant operating a Hospitality business, Levels 2 & 3 tenanted with Lawyers also with a long-term lease. Astute investors will be very impressed with the current yield of 4.85% NET (approx.).

Commercial 1 Zoning
Rental return $63,000 + GST + outgoings (approx.)
Total Building area 225 sqm (approx.)
Nearby National Retailers Coles, Chemist Discount Centre, Cash Converters & more
4 Mins Walking Distance to Glenroy Train Station
Plenty of off-street parking nearby
Primary/Secondary & religious Schools all within minutes

The location is perfect! 15 minutes to Essendon, DFO, Moonee Ponds, 10 minutes to Gladstone Park Shopping Centre, also providing very Swift access to all the major arterial roads heading to Melbourne, The West & the South-Eastern suburbs. A rock-solid investment opportunity set brilliantly in a sought-after location.