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DESCRIPTION:Prime Corner Position\nRental income: $58\,080  pa + GST\nTwo s
 eparate leases in place\nTwo street frontages\n\nOurAgent real estate is p
 leased to offer 1a Gladstone Parade\, Glenroy for sale by Public Auction o
 n Thursday 31stth October at 2 pm on-site.\n\nThe property presents an out
 standing main road building\, with two street frontages and is securely le
 ased to a longstanding tenant on a 2 x 4 x 4 x4 year lease for the shop an
 d 2x2x2 lease in place for advertising space above the shop.\n\nKey proper
 ty features include:\n\n* Rental income: $58\,080 pa + GST\n\n* Two leases
  in place. Shop returning $58\,080 pa including GST and Advertising rent s
 pace above the shop still to be leased.\n\n* Building area: 100 sqm approx
 .\n* Land area: 102 sqm approx\n* Abutting council car parking with entran
 ce from the rear council car park as well\n* Two (2) street frontages\n* Z
 oning: Commercial 1\n* Future development upside being able to build up mu
 ltiple levels (STCA)\n* Walking distance to the brand new and recently com
 pleted Glenroy railway station\n* The immediate location is underpinned by
  quality anchor tenants including Coles Supermarket\, Direct Chemist Wareh
 ouse\, Commonwealth Bank and many more local service retail businesses\n\n
 Located in the prime position of the Pascoe Vale retail strip\, this excel
 lent set and forget retail investment offers both income\, security and lo
 ng-term development potential.\n\nProperty Code: 442
DTEND:20261203T140000
DTSTAMP:20261104T005638Z
DTSTART:20261203T130000
LOCATION:See description
SEQUENCE:0
SUMMARY:Auction: Unit 1/1a Gladstone Parade\, Glenroy VIC
UID:CRE-2021298227-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Prime Corner Position <br/> Rental in
 come: $58\,080  pa + GST <br/> Two separate leases in place <br/> Two stre
 et frontages <br/>  <br/> OurAgent real estate is pleased to offer 1a Glad
 stone Parade\, Glenroy for sale by Public Auction on Thursday 31stth Octob
 er at 2 pm on-site. <br/>  <br/> The property presents an outstanding main
  road building\, with two street frontages and is securely leased to a lon
 gstanding tenant on a 2 x 4 x 4 x4 year lease for the shop and 2x2x2 lease
  in place for advertising space above the shop. <br/>  <br/> Key property 
 features include: <br/>  <br/> * Rental income: $58\,080 pa + GST <br/>  <
 br/> * Two leases in place. Shop returning $58\,080 pa including GST and A
 dvertising rent space above the shop still to be leased. <br/>  <br/> * Bu
 ilding area: 100 sqm approx. <br/> * Land area: 102 sqm approx <br/> * Abu
 tting council car parking with entrance from the rear council car park as 
 well <br/> * Two (2) street frontages <br/> * Zoning: Commercial 1 <br/> *
  Future development upside being able to build up multiple levels (STCA) <
 br/> * Walking distance to the brand new and recently completed Glenroy ra
 ilway station <br/> * The immediate location is underpinned by quality anc
 hor tenants including Coles Supermarket\, Direct Chemist Warehouse\, Commo
 nwealth Bank and many more local service retail businesses <br/>  <br/> Lo
 cated in the prime position of the Pascoe Vale retail strip\, this excelle
 nt set and forget retail investment offers both income\, security and long
 -term development potential. <br/>  <br/> Property Code: 442</P></body></h
 tml>
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