First Time Offered In Over 50 Years!
• Perfectly positioned within Malvern Road’s charming retail precinct
• Two double storey shops offered together
• New 5 x 5 year lease to established tenants Allpress Antiques and Milton Wine Shop
• Returning $81,033 per annum plus outgoings and GST
• Potential for rental uplift in 2018 (market review)
• Land area: 400sqm approx. with rear access off Tooronga Road
• Wide frontage of almost 11 metres to Malvern Road
• Excellent future subdivision / further development potential (stca)
• Surrounded by high quality boutique retailers, restaurants and cafes
• Tram services at doorstep
• Underpinned by rapidly growing residential catchment with numerous high density mixed use developments recently completed and others at various stages of planning, further bolstering this popular retail and lifestyle precinct
• Rare investment opportunity in blue chip location
FOR SALE BY PUBLIC AUCTION: Thursday 12th October at 1pm on site.
For further details, please contact:
James Lockwood – 0402 824 441
Jordan Ceppi – 0418 232 122
Chris Kombi – 0438 156 236
