Cushman & Wakefield Melbco Strip Retail team are delighted to present For Sale G01 & G02, 1432-1436 Malvern Road, Glen Iris.
Substantial 316sqm^ corner tenancy prominently positioned on the Malvern Road retail strip with four (4) car spaces include on title Fully leased to Hacker Australia, a globally renowned German kitchen cabinetry manufacturer producing approximately 7000 kitchens per day Substantial rental return of $166,879p.a + GST & outgoings Two separately titled lots offering flexibility to separate in future and maximise rental 5-year lease in place with options as well as strong 3% fixed annual rental increases No expense spared internal fit-out with stunning floor to ceiling windows throughout as well as high-end internal fixtures and fittings Highly affluent and captive local residential catchment with median house price above $2,400,000* High exposure corner location with expansive 30m* frontage to Malvern Road Well serviced by Gardiner Station as well as the Monash Freeway on-ramp both within close proximity
For Sale by Expressions of Interest Closing Thursday 30 November 2023 at 12pm
Private inspections by appointment only.
Contact the Melbco Strip Retail team today:
Raphael Favas | 0435 916 380 Karim Ford | 0492 478 830 Eva Ni | 0425 232 942