PRIME INVESTMENT WITH HUGE UPSIDE - 3 retail shops fully leased - First floor office on a short term tenancy - Potential rent: $131,542 pa (approx.) + o/g’s - Combined frontage of over 55 m - Land area: 760 sqm (approx.) - Commercial 1 Zoning
LARGE BLOCK OF 10 APARTMENTS WITH INDIVIDUAL TITLES TO BE SOLD AS ONE RARE INVESTMENT OPPORTUNITY INVEST AND/OR REDEVELOP (STCA)
10 large apartments with individual titles: • 7 x 2 bedrooms • 1 x 3 bedrooms • 2 x 1 bedroom plus 13 onsite car spaces
Other key features include: • Large land area of 1,221m2* • Situated within one of Melbourne’s most desirable residential locations. Close walking distance to Ormond Shopping Centre, schools including Kilvington Grammar, the “new” Ormond Station, buses and an abundance of parks and sporting grounds • Excellent long term investment with the potential to redevelop (STCA), refurbish and/or on sell the individual u...
Versatility is the key. Two prime retail shops & dwellings to be auctioned separately. Buy one or Buy both. Situated in this most sought after & rapidly transforming retail shopping precinct.
1102 GLEN HUNTLY ROAD: AUCTION 2pm
Ground floor shop with residence (hairdresser)
Rent $20,561 p.a. +GST + Outgoings. New Lease: 3 yrs (commenced 18/1/17)
1st floor 1 br residential apartment with separate access
Rent $15,348 p.a. Lease: 1 yr (commenced 28/1/17).
Total rent combined $35,909 p.a.
Land: 6.1m x 36.2m *
Includes rear yard with rear access
1104 GLEN HUNTLY: AUCTION 2:15pm
Shop with 1st floor 2 - 3 br residence
Leased on a monthly tenancy to a longstanding tenant
Land: 6.02m x 36.2m ...
Melbourne's Ultimate Bayside Development Site The Savills CBD & Metropolitan Sales team is delighted to offer for sale this magnificent bayside development site at 2-16 Selwyn Street, Elsternwick (corner Sinclair Street). This site represents an opportunity to acquire a prime development site with an absolute abundance of amenity in one of Melbourne's premium bayside suburbs.
The key attributes of this fantastic property include;
- An enormous bayside landholding of 6,155sq m*
- Prime corner position with additional laneway access
- Flexible Mixed Use Zone
- Significant surrounding development height precedent of up to 12 levels
BRAND NEW FULLY LEASED RESTAURANT - NEXT TO CLASSIC CINEMA ELSTERNWICK Now completed, 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.