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1426 High Street Malvern VIC 3144

  • Development / Land
  • 206 m²
  • For Sale, Contact Agent

Cutting Edge Investment!

Crabtrees and Gorman Commercial are pleased to offer for sale this highly desirable retail investment in a premier suburb.

The position is underpinned by a rapidly growing residential catchment with numerous high density mixed-use developments within the immediate surrounds.

The propertys features include:
+ Secure lease to an established tenant
+ Two level shop and dwelling
+ Outstanding location in the premier Malvern retail precinct
+ Main road site with over 6 metres of prime retail frontage
+ Under developed land to the rear
+ Total land area of 206sqm*
+ Rear laneway access
+ Commercial 1 Zoning (C1Z)
+ Future development potential (STCA)
+ Minutes to Freeway & Tooronga train station with the tram on your doorstep
+ Close to Tooronga Shopping Centre, Harold Holt Swim Centre & Cabrini Hospital

Tenancy Details:
+ Rent: $48,000p/a NET plus outgoings
+ Term: 3 years from 15 July 2017
+ Further Term: 3 years
+ Reviews: Fixed annually and to market in July 2020

The property is in a highly desirable location, positioned within the heart of blue chip residential suburbs including Malvern East, Armadale, Toorak, Kooyong, Glen Iris, Ashburton & Camberwell.

The property is surrounded by quality boutiques and cafés with immediate access to numerous local schools.

Property Highlights

Property ID2014976364
Floor Area128 m²
Land Area206 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Category
Last updated  3 Sep 2019
Map for 1426 High Street Malvern VIC 3144
Crabtrees Real Estate
20-22 Atherton Road Oakleigh VIC 3166

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