Suite 207/17-33 Milton Parade Malvern VIC 3144

HIGH YIELDING, SECURELY LEASED OFFICE INVESTMENT

GormanKelly is pleased to offer Suite 207, 19 Milton Parade, Malvern for sale by private treaty.

This exclusive offering provides investors with the opportunity to secure a prime strata office suite located in a thriving commercial location within the heart of one of the area’s fast-emerging growth corridors.

We believe the most outstanding aspects of this property include:

* Office area 35.52sqm with two secure onsite car spaces;
* Beautifully presented and extremely well maintained building;
* Secure two year lease with option of two years;
* Currently returning $16,623.28 net p.a;
* All outgoings paid by the tenant;
* Well serviced by public transport with Tooronga Train Stations & extensive bus services within walking distance;
* Easy access to the major south-eastern thoroughfares including Toorak Road, Tooronga Road and the Monash Freeway(CityLink).

17-33 Milton Parade is located on the eastern side of Milton Parade near the corner of Toorak Road approximately 10km* south-east of the Melbourne CBD within the municipality of the Stonnington City Council.

The 2km area surrounding Milton Parade is recognised as a region for fast-emerging growth with respect to commercial, retail and residential development. The surrounding area boasts an abundance of retail amenity, only a short distance to the newly opened Tooronga Village; anchored by Coles and comprising some 22 specialty stores, including restaurants and cafes, a fresh food market, plus 480 undercover car spaces as well as bus services.