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75-93 Glen Eira Road Ripponlea VIC 3185

  • Shop & Retail
  • 838 m²
  • Commercial Auction

PRIZED CORNER - GENERATIONAL OPPORTUNITY

    INVEST NOW / DEVELOP LATER (STCA)

    **AUCTION: THURSDAY 6TH MAY 2021 AT 12:30PM ONSITE**

    Gross Waddell ICR is pleased to offer for sale this sizeable, high exposure retail site positioned on the corner of Glen Eira Road and Hotham Street, within the tightly held Ripponlea Village.

    An iconic, freestanding two level corner building of 838m²* consisting of seven shops and first floor offices currently occupied by six tenants

    A prominent landholding of 716m²* with three street frontages:
    - Glen Eira Road: 39m*
    - Hotham Street: 18m*
    - R.O.W.: 18m*

    Short term lease holdings allow for the ultimate flexibility to 'value add' or develop (STCA)

    Current income of $295,000* p.a.

    *Approx.

    Auction date and time06/05/2021 12:30
    Auction location75-93 Glen Eira Road, Ripponlea VIC

    Property Highlights

    Property ID2016919817
    Floor Area838 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  13 Apr 2021
    Map for 75-93 Glen Eira Road Ripponlea VIC 3185
    Map for 75-93 Glen Eira Road Ripponlea VIC 318575-93 Glen Eira Road Ripponlea VIC 3185

    Property Highlights

    Property ID2016919817
    Floor Area838 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  13 Apr 2021
    Gross Waddell ICR Pty Ltd
    Level 1, 30 Collins St Melbourne VIC 3000

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