476 Malvern Road Prahran VIC 3181

AUCTION THURSDAY 3RD JUNE 2010 AT 2.00PM ON SITE

PRIME INVESTMENT WITH POTENTIAL TO RE-DEVELOP IN THE FUTURE (STPA)

- A substantial two level brick showroom building in highly sought after location close to the corner of Williams Road
- Long established tenant trading as Forty Winks
- Frontage to Malvern Road of 15.85 m *
- Frontage to abutting ROW of 45.72 m *
- Lease Term: 5 5 years, commencing 1st November 2007
- Current Rental: $201,571 p.a. *
- Annual 3% increases, market on exercise of further term
- Zoning: Business 2
- Terms: 10 deposit, Balance 90 days

* approx.