1136 Glen Huntly Road Glen Huntly VIC 3163

Shop & Retail
Sold

SOLD PRIOR - GLEN HUNTLY VILLAGE RETAIL INVESTMENT

Versatile retail & residential freehold
Well located opposite Woolworths
Securely leased until January 2022

Gorman Commercial in conjunction with Woodards Carnegie are pleased to offer 1136 Glen Huntly Road, Glen Huntly for sale by Public Auction on Wednesday 14th November at 11am on-site.

Fantastic opportunity to acquire a securely leased two-level retail/residential freehold investment in the heart of the Glen Huntly retail village offering scope for future upside.

We highlight the following key aspects:

* Two-level retail/ residential freehold of 145 sqm approx. with rear access and on-site parking
* Securely leased until January 2022 with two further three year options
* Income $38,993 p.a. + GST plus outgoings with annual 3.5% increases (as at 01/01/2019)
* Land area of 199 sqm approx.
* Commercial 1 zone

The property is centrally located in the Glen Huntly retail village opposite Woolworths supermarket and metres from Glen Huntly Train Station. The immediate area is well represented with national retailers and over recent years has seen an increase in mixed-use high density development.