97 Properties Sold in Ashburton, VIC 3147

SUBSTANTIAL OCCUPIER, INVESTMENT OR REDEVELOPMENT OPPORTUNITY

Auction: Thursday 11 October 2018 at 1pm on-site.

Secure this impressive, multi-tenancy building in the absolute heart of High Street, Ashburton located in a tightly held retail strip.

• Land Area: 433m2
• Build Area: 360m2
• Potential income: $110,000 pa net + GST
• Commercial 1 zone
• Rear access plus parking via ROW

Please call for further information or to arrange and inspection.

OUTSTANDING INVESTMENT OPPORTUNITY

Auction: Wednesday 29 August 2018 at 1pm on-site.

Acquire this prime retail investment, offered for the first time in over 80 years.

- Income: $59,040 pa plus outgoings
- Land Area: 230m2
- 6 metre frontage
- 4 on-site car spaces
- Rear access to substantial council car park

Please call for further information or to arrange an inspection.

BLUE CHIP INVESTMENT

Auction: Friday 25th May 2018 at 1pm on-site.

Teska Carson is pleased to present 223 High Street, Ashburton For Sale by Public Auction on Friday 25th May.

Don't miss this rare opportunity to secure a prime investment in the heart of the tightly held Ashburton Village shopping strip.

- Land Area: 208m2
- Income: $80,292 pa
- Term: 5 years
- Annual Increases: 4%
- First time offered in over 50 years

Please don't hesitate to call for further information or to arrange an inspection.

BLUE CHIP INVESTMENT

Auction: Friday 25th May 2018 at 1pm on-site.

Teska Carson is pleased to present 223 High Street, Ashburton For Sale by Public Auction on Friday 25th May.

Don't miss this rare opportunity to secure a prime investment in the heart of the tightly held Ashburton Village shopping strip.

- Land Area: 208m2
- Income: $80,292 pa
- Term: 5 years
- Annual Increases: 4%
- First time offered in over 50 years

Please don't hesitate to call for further information or to arrange an inspection.

SUPERB CAFE / FOOD RETAIL INVESTMENT

Ray White Commercial Victoria is delighted to present to market an exceptional stand-alone retail freehold investment opportunity located in the affluent suburb of Ashburton.

Better known as Mr. Burton, 199 High Street, Ashburton will be offered to the market by way of public auction on Tuesday 31st October, 2017 @ 2:00pm.

There are few retail investments capable of truly appealing so effortlessly to seasoned property investors the way in which 199 High Street, Ashburton does. For this reason, the opportunity to secure a fantastic investment property is for the taking, dont miss out!
...

BRAND NEW STATE OF THE ART CHILDCARE INVESTMENT WITH NEW 20 YEAR LEASE

CBRE Victorian Health, Aged and Child Care are pleased to offer for sale 356-358 Warrigal Road, Ashburton, via the CBRE Premium Portfolio Auction, Thursday 26th October from 6pm. This is 1 of 4 childcare investments in a portfolio being offered separately.

- Brand new state of the art purpose built childcare investment

- Leased to Niño Early Learning Adventures with strong Melbourne network of 13 trading and forthcoming centres

- High quality boutique family operator & childcare developer / builder of 20+ years experience

- New 20 year lease with 10 year option plus 3% annual inc...

Investment Freehold with Established Lease

Features include:

> Prime position in vibrant commercial strip
> Lease: 3 x 3 x 3 years from June 2016
> Current rent: $84,346 pa
> Impressive spacious shop area
> Building: 209 sqm approx
> Rear access with RSD
> Surrounded by CBA, Fresh Central Meats & Deli, NAB, NQR Grocery and IGA Liquor

Located in the heart of the Ashburton Village shopping strip is this outstanding high exposure retail premises.

The Village boasts amenities that include the Ashburton railway station, local bus services, community centre/library together with generous on and off street car parking. It is surrounded b...

Blue Chip Townhouse Site

Colliers International are pleased to offer this permit approved townhouse development site in the thriving suburb of Ashburton for sale by Expression of Interest closing Wednesday 13 September at 2pm.

Key features of the property are below:

• Well-designed permit for 15 high quality townhouses;
• Two adjoining homes on a substantial total block of 1,450m²*;
• Efficient architectural design maximising the efficiency of the site and creating an appealing product for the Ashburton market;
• Holding income from the existing tenancies on site;
• The site benefits from an abundance of re...

PRIME FREEHOLD WITH UPSIDE

Acquire this substantial freehold property in the heart of Ashburton with the ability to add value.

* Land Area: 460m2
* Build Area: 194m2
* 12 metre frontage
* Development opportunity (STCA)
* Zone: Commercial 1
* Short term tenancy

Please call for further information or to arrange an inspection.

Andrew Thorburn : 0411 553 147

Rare Gem With Huge Rental Upside

- Blue chip double storey real estate
- Massive rental upside
- First time offered in more than 20 years
- Front and rear access
- Long term tenant (details available)
- Two years remaining on lease with ten-year option (Market Review)
- Tightly held retail strip
- Highly desired investment opportunity, register your interest now

WELL APPOINTED OFFICE SUITE

- Floor Area: 50m2 approx.
- Suit owner occupier or investor.
- Two car spaces on title.
- Vacant possession.

For further information please contact Daniel Eramo 0400 871 191 or Alex Pannunzio 0418 341 010.

Property Code: 526

PRIME INVESTMENT - EOI CLOSED UNDER ASSESSMENT

Outstanding investment opportunity located within one of Melbourne's best performing retail strip centres situated next to many national retailers and major banks.

• Rental: $47,590 per annum approx
• Lease Term: 4 + 4 years
• Building Area: 118sqm approx
• Land Area: 234sqm approx
• Rear access via ROW
• Potential to further develop at expiry of lease (STPA)

FOCUS ON THIS PRIME LOCATION IN ASHBURTON - FIRST TIME OFFERED IN 33 YEARS

Ground floor leased to National Tenant
First floor residence
Current Total Rental: $73,276*pa (as at 6/4/12)
Lease Terms: Ground floor 5 5 years from 6th April 2010, First floor monthly
Onsite parking via ROW at rear
Rare opportunity in this tightly held strip
Further development opportunity (STPA)
*approx
All quoted areas are approximate only

For further details please contact:
GROSS WADDELL PTY LTD
Raoul Salter 0418 335 432

HIGH PROFILE RETAIL OFFICE INVESTMENT

• Current Income: $320,968 pa net (approx.).
• Building Area: 1,560 square metres (approx.).
• Land Area: 860 square metres (approx.).
• 3 street frontages.
• 5 separate tenants including Vintage Cellars (Part of the Coles Group Limited).
• 21 on site undercover car spaces.
• Close to Monash Freeway and Ashburton station.

A Winning Ticket!

GormanKelly is pleased to offer 203a High Street, Ashburton for sale by auction.

The property offers an outstanding opportunity to acquire a prime retail investment underpinned by a lease to a public company tenant which has been in occupation since 1966 with development potential. Commercial/residential roof top development (STCA). TAB has been in occupation since 1966 and recently the building has been refurbished at the tenants cost.

Land area: 231m² approx
Total Building area: 158m² approx.
Lessee: Tabcorp
Commenced: 14th April 2009
Expiry: 14th August 2012
Option: ...

PERMIT APPROVED OPPORTUNITY IN BLUE-CHIP MALVERN EAST

+ 1,791sqm* landholding with 43m* street frontage

+ Permit approved for 46 apartments, (two & three bedrooms only)

+ 3,521sqm* of approved NSA

+ Three established homes offering holding income potential

+ Premium location, in Melbourne’s prized south-eastern suburbs

+ Surrounded by high quality education institutions including Monash University Caulfield (1.7km*), Holmesglen Institute (2.8km*) plus a wide range of primary & secondary schools

+ Chadstone Shopping Centre, Melbourne’s fashion capital and the largest in the southern hemisphere only 2.5km*

+ Well connected ...

A LANDMARK OPPORTUNITY - OCCUPY/INVEST/REDEVELOP (STCA)

** UNDER OFFER **

FIRST TIME OFFERED IN 50+ YEARS

An outstanding opportunity to secure a substantial land holding within the heart of the established Waverley Road retail precinct, within close proximity to Monash University, public transport, private schools, cafes and lifestyle precincts.

• Substantial land holding of 550m2*
• Prominent frontages to Waverley Road and Pepperell Lane of 12m*
• Zoning: Commercial 1, allowing for multi-level mixed-use development (STCA)
• Vacant Possession

*Approx.

Spectacular Office Showroom - 6 Carparks

Brilliant opportunity to acquire this modern showroom ideal for the owner occupier or investor.

A modern office showroom ideally located close to Malvern Village ideal for the owner occupier or the astute investor.
* Close to Malvern Village
* Transport nearby
* Modern Building
* 6 undercover secure car spots

Double Your Investment in Malvern East

Fitzroys is delighted to offer to the market 314-316 Waverley Road and 37 Terminus Lane, Malvern East for sale

Key features of this property include:

- Two buildings on one title!
- Superb two storey freehold comprising shop & dwelling plus separate 2 bedroom townhouse
- Land area: 283m² with dual street access
- On-site undercover car parking
- Flexible lease profile currently returning $62,025 per annum
- Excellent sub-division potential (stca)
- Prominently positioned in Waverley Road’s thriving village centre
- Convenient CBD access and surrounding suburbs via tram stop on doorstep, ...

First Time Offered In 65 Years

AUCTION THURSDAY 6TH APRIL AT 12 NOON ON SITE

Positioned metres from the intersection of Malvern and Tooronga Roads in the leafy suburb of Glen Iris, this tightly held location is hugely popular amongst local residents.

The area is well serviced by public transport with trams and Tooronga Train Station in close promixity. With shops and cafes, Tooronga Shopping Centre and Central Park nearby, this is a great location.

Key features include:

* Charming building with total area: 151sqm (approx.)
* Retail shop component which could be extended all the way through
* First floor shop reside...

RETAIL SHOP & 2 BEDROOM APARTMENT

** AUCTION: THURSDAY 20TH SEPTEMBER 2018 AT 12PM ONSITE **

This impressive two storey brick shop and 2 bedroom 2 bathroom apartment offers an affordable opportunity to invest within this tightly held village, close to Chadstone Shopping Centre and Malvern East Railway Station. The property is serviced by good on street car parking and is benefited by a public reserve at the rear.

• Land Area: 186m2*
• Building Area
Retail: 110m2*
Apartment: 104m2*
• Total Building Area: 214m2*
• Total Rental: $50,175* p.a. net
• Individual Titles
• Secure garage car parking via rear a...

ENTRY LEVEL OWNER OCCUPIER / INVESTOR IN PRESTIGIOUS MALVERN EAST

Auction: Thursday 6 September 2018 at 1pm on-site.

Secure this versatile and functional office/retail space with excellent exposure in a boutique location.

- Build Area: 85m2
- Commercial 1 zoning
- Rear access with 2 secure car spaces
- Ground floor position and fully self-contained
- Metres from East Malvern Station


Please call for further information or to arrange an inspection.

INVEST TODAY DEVELOP TOMORROW

Offered for the first time in 30 years, this freehold property represents an outstanding investment, part owner occupier or development opportunity.

Key attributes of the property feature:

*Land Area: 450 sqm approx.
*Building Area: 351 sqm approx.
*In excess of 12 metre frontage to Waverley Road
*Commercial 1 Zone
*Side and Rear R.O.W.
*Estimated fully leased income $95,000 per annum

Centrally located, the property is west of Warrigal Road and north of the M1 Freeway. High profile occupiers in close proximity to the property include Bunnings, Officeworks, Harvey Norman, Dan Murphys and H...

Two Properties - Two Titles - One Outstanding Investment Opportunity!

Ray White Commercial is delighted to present to the market a fantastic investment opportunity located in the heart of popular Malvern East.

Both properties have been recently leased to one prime tenant with further options until 2027!

Property Details:

• Total building area | 170m2 approx.
• Currently returning | $72,100 p/a net
• 5 + 5 Year Lease commenced June 2017
• Over 18m of Prime Exposure to Dandenong Rd
• Fixed annual increases of 3%
• Two (2) undercover on-site car spaces
• Commercial 1 Zone (C1Z)

Located on busy Dandenong R...

Approved Luxury Townhouse Site

Colliers International is pleased to offer this existing block of flats that has the added benefit of a permit for a luxury townhouse development.

Positioned in a tree-lined street in the affluent area of Malvern East this luxury development site with strong holding income is not to be missed.

Key features are below:

• Permit approval for 4 luxury townhouses designed by Conrad Architects

• Existing whole block of 5 apartments providing a strong income stream

• Total land area of 780m²*

• General residential zoning

• Prime location within tree-lined Paxton Street

• Mo...

ULTIMATE FLEXIBILITY: WHOLE BLOCK OF FULLY-LEASED FLATS + NEW PERMIT

The ideal investment opportunity to purchase a whole block of five (5) oversized Malvern-east flats that are fully-leased & income-producing and a clear refurbishment angle or potential rental uplift for value-add investors.

Plus massive development upside of approved permit for 10 high-end luxury apartments and alternative architectural concept for six (6) large, signature apartments.

?Direct street frontage to the idyllic tree-lined Paxton Street.

A location that suits families, young professionals, down-sizers & retirees being only a short walk to vast array of lifestyle amenities...

PRIME POSITION WITH POTENTIAL

Teska Carson is pleased to offer 1628-1630 High Street, Glen Iris for sale.
This is an outstanding opportunity is ideal for the astute owner-occupier, investor, or developer to acquire a well located freehold in the heart of Glen Iris.

Key highlights include:

- Land Area: 169m2 approx.
- Zoning: Commercial 1
- Two street frontages
- Suit multiple uses (STCA)
- On-site parking

Please don't hesitate to call for further information or to arrange an inspection.

Blue Ribbon Corner Development Opportunity

Savills is delighted to offer for sale this superb, corner development site located at 1536-1542 Malvern Road, Glen Iris. This premium landholding has demolition approval already in place, providing potential for a prestige residential, child care , medical and many more (STCA). Key attributes of this fantastic opportunity are:

- Significant corner landholding of 1,850sq m*
- Combined 87m* of street frontage
- A superb position on the corner of quiet, tree-lined Scott Grove
- Residential Growth Zone 2 (4 levels STCA)
- Extremely well suited to a premium residential project or childcar...

BOUTIQUE COMMERCIAL OFFERING

Auction: Thursday 1 March 2018 at 1pm on-site.

Rare opportunity to acquire this unique freehold property in the heart of Glen Iris.

- Land Area: 217m2
- Vacant possession
- Rear access with on-site parking
- Suit occupation, development or investment (STCA)
- Metres from Burwood Train Station

Please call for further information or to arrange an inspection.

MALVERN EAST'S FINEST DEVELOPMENT OPPORTUNITY

Outstanding opportunity to purchase this strategically positioned freehold building in established Waverley Road, Malvern East.

• First Time Offered For Sale in 50 Years
• Land Area: 604 sqm approx. (R.O.W at Rear)
• In Excess of 15 m Frontage to Waverley Road
• Five Level Mixed Use Development Potential (STCA)
• Rental: $38,721 pa - Ground Floor Retail until October 2020 (no option)
• Commercial 1 Zoning

Located on Waverley Road, moments from Dandenong Road and the Monash Freeway, with easy access to the CBD.

Inspection by Appointment

CORNER BLOCK IN BLUE CHIP LOCATION

+ High profile Glen Iris landholding of 885sqm*

+ Prime corner location along Malvern Road - corner Glentilt Road

+ Permit approved for 23 high quality apartments over four (4) levels

+ Alternate scheme available for 14 luxury residences with an increased net saleable area (STCA)

+ Positioned within the heart of leafy Glen Iris on Malvern Road with trams at the doorstep and only 150m* to Gardiner Train Station

+ Various leisure and recreation facilities nearby including picturesque Gardiners Creek (500m*), Central Park (1.2km*) and Hedgely Dene Gardens (1.5km*)

+ Malvern Roa...

OCCUPY, INVEST OR DEVELOP

Acquire this standalone shop and dwelling, ideal for owner occupiers and investors alike.

* Land Area: 211m2
* Ground Floor shop plus 2 bedroom residence
* Vacant Possession
* Rear Access
* Commercial 1 Zoning
* Excellent future development potential (STCA)

Please all for further information or to arrange an inspection.

Matthew Feld : 0415 803 348

SOLD PRIOR - MALVERN SUPER SITE INVESTMENT

An opportunity to purchase a premium office building incorporating nine separate offices with leases in place in a desirable retail strip in Malvern East.

*Commercial 1 Zoning
*Land Area: 1,272 sqm approx.
*Building Area: 1,621 sqm approx.
*9 Separate Titles (Sold as One)
*47 Basement Car Spaces (Entrance on Illowa Street)
*Developers Note: Leases Expire 2022
*Rental: $496,078.92 per annum plus GST approx.
*4.5 Star NABERS Energy Rating

Situated on Malvern Road with substantial street frontage, the property is located approximately 7 km south east of the CBD and moments from the Monash Free...

OPPORTUNITY TO INVEST, OCCUPY OR DEVELOP (STCA)

515 WARRIGAL ROAD, ASHWOOD

- Prominent two level retail + residence with outstanding Warrigal Road exposure
- Monthly tenancy offering the ultimate flexibility to the owner
- Rear access and undercover parking on 219sqm* of favorable Commercial 1 zoned land
- Easy access to the major arterials such as High Street, Burwood Highway and Monash Freeway
- Located only 3km* from Chadstone Shopping Centre and 15km* to Melbourne CBD

For Sale via Public on-site Auction Wednesday 1st June 2016 at 12.30pm

Sandro Peluso
+61 418 389 757

Josh Twelfree
+61 452 524 985

*approx

Permit approved opportunity in the heart of prestigious Glen Iris

+ Permit approved for 27 high quality apartments over four (4) levels

+ Significant 1,020sqm* corner site with generous street frontage of 74m*

+ Centrally positioned in the blue-chip suburb of Glen Iris, within close proximity to the premium Malvern Road café and lifestyle precinct

+ Various leisure and recreation facilities nearby, including picturesque Gardiners Creek (500m*), Central Park (1.2km*), and Hedgely Dene Gardens (1.5km*).

+ Surrounded by some of Melbourne’s most exclusive education institutions including: Sacre Coeur, Korowa Anglican and Caulfield Grammar schools, p...

UNPRECEDENTED MIXED USE 14,910SQM* PRIME TRIPLE FRONTED EASTERN SUBURB LANDHOLDING WITH STRONG HOLDING INCOME

615 Warrigal Road, Ashwood VIC 3147

Unprecedented Mixed Use 14,910sqm* prime eastern suburb triple fronted landholding

Three (3) highly valuable existing buildings with 150 at-grade car spaces providing strong holding income of $823,093 per annum*

High quality development scheme (STCA) for mixed use development offering sweeping park and city views designed by the Internationally renowned design practice Idle Architects

Opportunity for apartment and townhouse developers, Aged Care or a master planned community (STCA)

Surrounded by stunning urban parkland, Gardiners Creek trail, Malvern V...

PERMIT APPROVED DEVELOPMENT OPPORTUNITY IN GLEN IRIS VILLAGE

29-33 HIGH STREET, GLEN IRIS

+ Permit approved for 25 apartments and two (2) retail spaces over five (5) levels

+ Located within charming High Street retail village, with excellent cafe and retail amenity, as well as Glen Iris Park 200m* away

+ Melbourne CBD access via the Monash Freeway or Glen Iris train station (700m*)

+ Existing improvements comprising three (3) retail shops generating $53,460 pa*

FOR SALE VIA PUBLIC ONSITE AUCTION WEDNESDAY
19TH OCTOBER 2016 AT 12.30PM

THE PROPERTY WILL BE OPEN FOR INSPECTION ON:
+ Thursday 29th September 1:30pm
+ Thursday 6th Octo...

TWO OFFICES ON SEPARATE TITLES

Exceptionally modern offices of 114sqm* and 131sqm* respectively with an abundance of natural light and fantastic exposure.

G.01 is being offered with vacant possession (114sqm*) while G.02 (131sqm*) is leased to APS Sport with income of $66,473* p.a.

Fully fitted offices incorporating multiple executive offices, boardrooms, open plan work stations and kitchen facilities.

Situated within the highly traffic Tooronga Village Complex both offices have multiple secure car parks on title.

Benefiting from all forms of public transport with direct access onto the Monash Freeway.

Surr...

PRESTIDGE CORNER LAND HOLDING ON PREMIUM GLEN IRIS HILL WITH STRONG DEVELOPMENT POTENTIAL (STCA)

1455 HIGH STREET & SA SCOTT GROVE, GLEN IRIS

Stunning elevated combined corner landholding of 1,644sqm* over two separate titles

Favourably zoned ?General Residential Schedule 3' suiting high density development with substantial frontage of 82m*

Improved with two good quality residential dwellings with the potential to provide holding income

Located within one of Melbourne's most sought after locales in a highly affluent area surrounded by quality retail strips, world renowned schools and close to all forms of public amenity

FINAL ROUND PROCESS UNDERWAY.
PLEASE CONTACT CBRE V...

BRAND NEW STATE OF THE ART CHILDCARE INVESTMENT WITH NEW 20 YEAR LEASE

CBRE Victorian Health, Aged and Child Care & Victorian Retail Investments are pleased to offer for sale 11-15 Chadstone Road, Malvern East, via the CBRE Premium Portfolio Auction, Thursday 31st August from 6pm. This is 1 of 4 childcare investments in a portfolio being offered separately.

- Brand new state of the art purpose built childcare investment

- High quality boutique family operator & childcare developer / builder of 20+ year experience

- Nino Early Learning Adventures with strong Melbourne network of 13 trading and forthcoming centres

- New 20 year lease with 10 year opti...

Significant Blue Chip Development Opportunity with Park Views

Colliers International is pleased to offer what can only be described as one of the most prestigious development opportunities in the City of Stonnington. Being one of the last remaining sites of size with highly sought parkland aspect, this offering with a corner frontage totalling 130m* simply has no peer.

1-9 Sylvester Crescent, Malvern East is an opportunity that will very rarely be repeated.

• Suits an ultra-luxurious residential development that encapsulates the rare park views
• An end residential product with the potential to achieve unprecedented rates per square metre
• Lar...

TWO PROPERTIES - INVEST OR OCCUPY

This fantastic opportunity offers one or two adjoining suites with a rare chance for owner occupiers and investors to secure one or both suites.

SUITE 6 (INVEST OR OCCUPY)
*Lease Expiring August 2018 - Nil Option
*Rent: $39,139 per annum plus GST & Outgoings
*Area: 151 sqm approx. plus 4 Car Spaces

SUITE 7 (INVESTMENT)
*Lease: 3 + 3 years
*Rent: $37,080 per annum plus GST
*Area: 111 sqm approx. plus 3 Car Spaces

Located directly opposite Glen Iris Railway Station with instant access to the Monash Freeway. Near the corner of High Street & Malvern Road, only 15 minutes to the city by Freeway...

RECENT PRICE DROP!!!

This stand alone 2 Storey commercial building situated on the vibrant corner of High Street Road and Malvern Road.
Zoned C1Z this multiple tenanted property on single title is to be sold as one also offering an additional opportunity with add value potential for a future multi-storey development (STCA). An asset of this calibre is often sought but rarely found. Total prospective income $127,679 Net.

Key Points:
- Total land area 270m2 approx.
- Total building area 385m2 approx. (currently divided into 3 tenancies)
- Ample street parking (all day)
- Heating and Cooling throughout
- Prime ...

PERMIT APPROVED FOR 11 UNITS AND RETAIL

Gross Waddell is delighted to offer this unique development opportunity, located minutes from the Monash Fwy and an abundance of retail amenity.

- Land Area: 409m2*
- Frontage to Warrigal Road - 12m*
- Zoning: Commercial 1
- Permit for 11 architecturally designed units over 5 levels and retail plus associated car parking
- Existing showroom ideal for short term leasing before development
- Would suit a Developer, Owner Occupier, or Investor
- Attractive product mix

Terms: 10% deposit, Balance of monies 60/90 days

Pole Position – Start Your Engines

Colliers International are pleased to offer 851-853 Dandenong Road, Malvern East for sale by Public Auction to be conducted on-site Thursday 25th May 2017 at 12pm.

Key features include:

• Land area of 930m² (approx.)
• Rare 1,000m² (approx.) freehold office building
• Commercial 1 Zone
• Prime high profile corner site with excellent exposure – Dandenong Road & Clarence Street
• Enormous development upside (STCA)
• Allowable height of seven (7) levels
• Flexible zoning allowing for commercial, residential or a mixture of both (STCA)
• Offered with a short-term lease
• Blue chip...

Blue-Chip Child Care Investment

An unprecedented opportunity to secure one or more state-of-the-art child care centres from across metropolitan Melbourne featuring all fundamental investment attributes.

Ideally positioned within the blue chip residential suburb of Ashwood, this centrally located child care centre is perfectly positioned to take advantage of Melbourne’s booming population and the strong demand for child care across Melbourne.

Some of the many key attributes of these properties include:
- 15 + 10 + 10 year lease commenced 2009
- ASX-listed tenant G8 Education Limited
- Licensed for 143 p...

Best Of Both Worlds

A property that delivers on the best of both worlds with an approved mixed use permit as well as existing improvements that allow for refurbishment. Situated in the heart of a desirable retail strip on the fringe of Malvern and Glen Iris, sites of this high calibre rarely arise.

• Mixed Use Planning Permit approved with approximately 3,126m² of project NSA

• Three existing adjoining buildings of approx. 1,815m²

• Site area of approx. 1,510m² with three street frontages

• Holding income of approx. $390,000 per annum

• Potential to reconfigure plans to deliver on higher end ultra...

RETAIL INVESTMENT WITH HUGE UPSIDE

GormanKelly is pleased to offer 293 Waverley Road, Malvern East, for sale by auction on Thursday 23 March at 12 noon, on-site.

This is a rare opportunity to secure a short term leased retail investment with huge development upside.

We believe the most outstanding aspects of this property include:

- Single storey building with low site coverage and good rear access
- Land area 242m2* / Zoned commercial 1
- Significant future development potential (STCA) for an owner occupier, investor or developer
- Building area 56m2*
- Short term lease until 31st March 2018
- Currently returning $24,500* ...