Dan Murphy's Malvern 4-8 Edsall Street Malvern VIC 3144

Shop & Retail
1,693 m²
Sold

Dan Murphy's Malvern

Secured by Top ASX Covenant
Rare Net Leases to Dan Murphy’s
Fixed Annual Increases

Colliers is please to exclusively present Dan Murphy's Malvern for sale.

Dan Murphy's an inter-generational freestanding trophy investment, boasting an incredibly rare net lease with fixed annual rental growth, unprecedented development upside and located in one of Melbourne's most prestigious suburbs.

Located at the epicentre of one of Melbourne's premier retail precincts Glenferrie Road, within the affluent suburb of Malvern with a median house price of $3.85 million, 71% higher than metropolitan Melbourne and household incomes 40.6% above metropolitan Melbourne averages.

Malvern is underpinned by Melbourne's elite private schools, luxury retailers and significant transport infrastructure, only 8km southeast of the Melbourne CBD.

Key Investment Highlights:
· Inter-Generational Trophy Metropolitan Melbourne Freestanding Investments
· Fixed Annual Increases Across All Tenants
· Dan Murphy's Recently Completed a $1.7 Million Store Upgrade
· Exceptional Development Upside with Commercial 1 Zoning & Flexible 14.5 Metre Height Allowance
· Unrivalled & Unrepeatable Landmark Glenferrie Road Malvern Location

* All figures referenced herein are approximate only. Property outline indicative only.