189-191 Glenferrie Road, Malvern, VIC

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Retail

Prime Position Malvern Retail - Auction this Thursday.

MMJ Real Estate are pleased to offer for sale 189-191 Glenferrie Road, Malvern, a double fronted two storey retail and office building having a wide 12m frontage to Glenferrie Road and rear laneway access. The property is well located opposite Coles to take advantage of the established strong retail trade of Malvern.

The building provides two ground floor retail tenancies and two upper level office tenancies with four separate leases including a 10 year lease to well known Remy Bar Tapas.

Key investment highlights include:

- Building Area: 546.50m2
- Income: $205,186.96pa + GST
- Four separate tenancies
- Commercial 1 Zone
- On Site Car Parking & Rear Access
- Excellent frontage to Glenferrie Road
- Opposite Coles and multiple national businesses

Key Features
Property Type
Retail
Building Size
546.5 sqm
Land Size
560 sqm
Outgoings
$19,762
Water Rate
$1,090.7 Yearly
Council Rate
$11,092.46 Yearly
Property ID:
11P0279
Auction:
Thursday, 15th July, 12:30pm
Auction venue:
On Site
Contact Agents

Email Agent Call Agent
Office: MMJ Real Estate, Melbourne
Director, Licensed Real Estate Agent
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