RETAIL INVESTMENT WITH HUGE UPSIDE GormanKelly is pleased to offer 293 Waverley Road, Malvern East, for sale by auction on Thursday 23 March at 12 noon, on-site.
This is a rare opportunity to secure a short term leased retail investment with huge development upside.
We believe the most outstanding aspects of this property include:
- Single storey building with low site coverage and good rear access - Land area 242m2* / Zoned commercial 1 - Significant future development potential (STCA) for an owner occupier, investor or developer - Building area 56m2* - Short term lease until 31st March 2018 - Currently returning $24,500* ...
PRIME RETAIL OCCUPIER / INVESTMENT OPPORTUNITY Acquire this excellent two storey freehold property suitable for retail or hospitality, located within popular Glenferrie Road shopping precinct and metres from Malvern Station.
* Land Area: 192m2
* Build Area: 197m2
* Former restaurant with existing commercial kitchen
* Expansive first floor suitable for office or residential conversion (STCA)
* Rear access and on-site parking
* Vacant possession
Please call for further information or to arrange an inspection.
FIRST CLASS DEVELOPMENT OPPORTUNITY!
INVEST/ DEVELOP & POTENTIAL TO OCCUPY PART
- Total land area 873m2 approx. (17.9m frontage x 49.2m length) - Total building area 696m2 approx. - Two Blue Chip tenants, 2 buildings on one title - Combined annual rental approx. $222,150 + GST + Outgoings - Irreplaceable development opportunity - Rear laneway access via Francis & Dixon Streets - Zoning: C1Z & GRZ12
Prime Corner Investment Opposite Prahran Market - Potential for high yield circa 6% return
- New lease 5yrs + 5yrs (commencing 22/2/17)
- Securely leased to long established Dental Practice
- Rent $80,000 p.a plus outgoings, reviews 3% p.a. (to market at 1 year option term)
- Double fronted retail premises comprising of 125sqm (approx)
- Situated in this tightly held & most sought after retail precinct.
Open for inspection Wednesday 1st March 1 - 1.30pm
For further details contact agents in conjunction:
George Georgiou 0419 480 003
Kenny Oliver 0438 277 050
Greg Super 0411 366 607
Boutique Retail Investment Teska Carson are pleased to offer this unique retail investment located in the heart of Malvern a stones throw away from Malvern Central, Coles, Commonwealth Bank and many other national retailers.
- Securely leased - $20,600pa net & GST
- Lease expiry 4 January 2018
- 4% annual increases
- Walking distance to bustling Glenferrie Road retail precinct
- Build area 40m2
- Well presented with excellent natural light
FIVE STAR FREEHOLD INVESTMENT IN PRESTIGIOUS ARMADALE Ray White Commercial Oakleigh is delighted to present this outstanding stand-alone retail investment opportunity located in the affluent suburb of Armadale.
Boasting one of Melbourne's most reputable and well-acclaimed Italian resteraunts, Zia Rina's Cucina, this secure investment property is certainly one that you want to add to your investment portfolio.
Armadale's coveted status as one of Melbourne's most prestigious and gentrified south-eastern suburbs should certainly ensure that this property appeals to those savvy investors looking to purchase a prime retail investment with excep...
Vibrant Food precinct In Melbourne's Ever popular Chapel Street Building Area: 116m (Approx.)
• Ideally suited to Food business operators such as Caf, Restaurant / Wine Bar
• Grease trap available to premises including Air exhaust duct, Rare to find on Chapel Street
• Jarrah hardwood flooring throughout
• Reverse Cycle air-conditioning
• Modern Bifold Glass front doors
• 150 Amps power available to premises
• Enclosed and secure parking at rear
• Security system
LAND BANK INVESTMENT - TWO BUILDINGS- WITH UPSIDE - Total land area 873m2 approx. (17.9m frontage x 49.2m length)
- Total building area 696m2 approx.
- Two Blue Chip tenants, 2 buildings on one title
- Combined annual rental approx. $222,150 + GST + Outgoings
- Future development potential
- Rear laneway access via Francis & Dixon Streets
- Zoning: C1Z & GRZ12
Tenancy 1: Bayford Group Pty Ltd
- Lease term: 9 years commenced 14/11/2012 (ending 31/08/2021)
- Rental as of 14/11/2016 $146,232 p/a + GST + Outgoings
- 4% annual increases
Tenancy 2: Pack & Send
- Lease term: 3 x 3 x 3 commenced 28/08/2010 (ending 27/08/2019)
BRAND NEW FULLY LEASED RESTAURANT - NEXT TO CLASSIC CINEMA ELSTERNWICK Due for completion at the end of 2016, this retail tenancy is leased to the successful 48H-Pizza and Gnocchi Bar on a long term lease. The premises include a 3,000lt grease trap, ventilation and storage.
Located next to the popular Classic Cinemas and bustling Glenhuntly Road retail precinct, the development includes 48 luxury one and two bedroom apartments.
The lease commences on 1 February 2017 and extends for 5 years plus options for a further 10 years. Fixed 2.5% rent increases and good security further compliments this investment opportunity.