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31 High Street
Glen Iris VIC 3146
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31 High Street Glen Iris VIC 3146

  • Shop & Retail
  • 140 m²
  • For Sale, CONTACT AGENT

FREEHOLD INVESTMENT WITH UPSIDE

    Crabtrees Real Estate are pleased to offer 31 High Street, Glen Iris to the market For Sale.

    This securely tenanted investment offers Commercial 1 Zoning and is situated near major arterials such as Monash Freeway and Warrigal Road making it ideal for future development.

    Lease Details:

    + Leased to Kenichi Okumura & Atsuki Hiriat trading as Izakaya Chouchou
    + Rental income of $62,400 per annum plus GST and Outgoings
    + Three (3) Year term commencing from July 2023
    + 4% annual increases
    + Two (2) further terms of three (3) years

    Key Property Features:

    + Main road freehold with site area of 225 sqm*
    + Prime retail space of 140 sqm*
    + Commercial Kitchen Fit-out
    + Front and rear lane access
    + Commercial 1 Zoning ideal for mixed used redevelopment
    + Within a short distance to Monash Freeway Entrance

    Crabtrees Real Estate is built on history, reputation and expertise.

    We offer a level of knowledge others can't match.

    Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

    Property Highlights

    Floor Area140 m²
    Land Area225 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2018658611
    Category
    Last updated  2 Jul 2024
    Map for 31 High Street Glen Iris VIC 3146

    Property Highlights

    Floor Area140 m²
    Land Area225 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2018658611
    Category
    Last updated  2 Jul 2024

    Co-Agents

    Joe Monea
    Crabtrees Real Estate Oakleigh
    Call
    0448 486 665
    Tim Homes
    Tim Homes
    Crabtrees Real Estate Oakleigh
    Call
    0439 321 707

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