Shop 5/242 Glen Huntly Road

Elsternwick VIC 3185

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› Shop 5/242 Glen Huntly Road, Elsternwick VIC 3185

Sold on 27 May 2021

Shop 5/242 Glen Huntly Road Elsternwick VIC 3185

Shop & Retail
75 m²
Sold

ENTRY LEVEL INVESTMENT IN BOOMING ELSTERNWICK

Auction: Friday 28 May 2021 at 1pm on-site.

Teska Carson is pleased to present for purchase Shop 5, 242 Glen Huntly Road, Elsternwick with the following key attributes:

Securely leased investment opportunity positioned in the heart of Elsternwick's booming retail food & shopping precinct, Glen Huntly Road.

Longstanding tenant 'Bottlemart Express Happy Cellars' providing an annual net income of $48,094 + GST & Outgoings.

Five (5) year lease having commenced 1 July 2019 with additional five (5) year options until 2044.

Annual increases of 3%.

Building area of 75sqm* and two (2) secure on-site car spaces.

Flexible mixed use zoning allowing multiple options for future use (STCA).

Glen Huntly Road is a booming retail shopping strip with an abundance of national retailers, local businesses and hugely successful food operators including Hanoi Hannah, Penta & Carter Lovett to name a few.

Situated at the doorstep to Elsternwick Train Station and surrounded by additional public transport amenity including the no.67 tram and bus routes 603 & 246.

Please do not hesitate to call for further information:

Luke Bisset 0400 344 211
George Takis 0403 259 559

AUCTION

Auction date and time	28/05/2021 13:00
Auction location	Shop 5/242 Glen Huntly Road, Elsternwick VIC

Teska & Carson

6 Yorkshire Street

Richmond, VIC 3121

Property Highlights

Date Sold	27 May 2021
Floor Area	75 m²
Land Area	Ask Agent
Parking	2 x Onsite parkings
Property ID	2016971579
Category	Shop & Retail
Last updated	28 May 2021

Map for Shop 5/242 Glen Huntly Road Elsternwick VIC 3185

Nearest transport* to Shop 5/242 Glen Huntly Road Elsternwick VIC 3185

Bus

Train

Tram

Elsternwick Station/Horne St (Elsternwick)	43 m
Elsternwick Station/20 Horne St (Elsternwick)	58 m
Elsternwick Station/20 Horne St (Elsternwick)	68 m
Elsternwick Station/Horne St (Elsternwick)	82 m

*Within a 4km radius

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Teska & Carson

6 Yorkshire Street

Richmond, VIC 3121

Property Highlights

Date Sold	27 May 2021
Floor Area	75 m²
Land Area	Ask Agent
Parking	2 x Onsite parkings
Property ID	2016971579
Category	Shop & Retail
Last updated	28 May 2021

Co-Agents

George Takis

Teska & Carson

Call

0403 259 559

Luke Bisset

Teska & Carson

Call

0400 344 211

More about Shop 5/242 Glen Huntly Road Elsternwick VIC 3185

Shop 5/242 Glen Huntly Road Elsternwick VIC 3185 is categorized as Shop & Retail Property. It has a floor area of 75 m². There are 2 x onsite parkings.The listing ID for this property is 2016971579.