Property Details

108 Glenferrie Road MALVERN, VIC 3144

Sold
Retail
Description

BRILLIANT RETAIL INVESTMENT

Retail Sold - MALVERN VIC

Gross Waddell is delighted to offer 108 Glenferrie Road, Malvern for Auction.
Located within the very best part of the shopping strip centre, situated on the preferred eastern side between Coles and Wattletree Road.
Large council carpark at the rear nearby to Malvern Central (Woolworths and David Jones), all major trading banks, retailers, chemists, bakeries, cafés, restaurants and Dan Murphy.

– 2 street frontages
– Land Area: 241m2*
– Building Area: 239m2*
– Lease Term: 5 Years from April 2016
– Rental: $116,420*pa
– Reviews: Annual 4%
– Investment with potential for Owner Occupier on expiry of lease

Terms: 10% deposit, Balance of monies 30/60 days

Property Features
  • Retail
  • Floor Area is 241.00 m²
Commercial Features
Highlight 1

Building Area: 239m2*

Highlight 2

2 street frontages

Highlight 3

Lease Term: 5 Years from April 2016