GormanKelly in conjunction with Bekdon Richards is pleased to offer 1529-1533 High Street, Glen Iris and 1a & 1b Paran Place, Glen Iris for Sale.
Highlights of this outstanding property include:
* Four properties on two separate titles; total building area 331m²*
* Land area 260m²* with rear access to Paran Place
* Zoned Commercial 1
* Prime location with 11.5m* frontage to High Street
* Four tenancies currently returning $88,470.16 net p.a. plus GST
* Suitable for Investors or Developers with future development potential (STCA)
* 100m from Glen Iris Train Station & High Street tram service
* Well located just off Monash Freeway, easy access to CBD & Melbournes eastern suburbs
The properties are located on the northern side of High Street near the corner of Paran Plan and is located approximately 15km* south-east of the Melbourne CBD within the municipality of the Stonnington City Council. High Street is a major arterial road that runs from Prahran through to Wantirna South.
The locale in which the property is positioned is a well-established retail strip, strongly supported by the dense surrounding residential catchments and steady stream of passing motorists and foot traffic.
For further information please contact either Chris Alcock on 0407 907 748 or Sandro Peluso on 0418 389 757 from Gorman Kelly Commercial or from Bekdon Richards Real Estate, Evan Lykourinos on 0414 555 455.
