For Sale
Superb Mixed-Use Freehold Leased To National Retailer
222 Glenferrie Road, Malvern VIC
Stonebridge are delighted to offer this perfectly positioned, 100% leased freehold investment at 222 Glenferrie Road, Malvern for sale via public on-site auction on Wednesday 11th December at 1pm.
Key highlights:
- Extensively renovated two storey mixed use building of 304sqm*
- Freehold land of 192sqm* with 6 metres of prime street frontage
- Ground floor leased to major retailer Australian Red Cross (186 stores nationally) on new 5 year term
- Separately leased modern first floor 4BR residence / office, with the flexibility to occupy in the future
- Includes garaged on-site parking accessed via Stanhope Street
- Diversified, fully leased income of $175,970 pa plus GST
- Prominently positioned in the prime trading section of Glenferrie Road’s strong performing retail precinct surrounded by a number of major retailers including Coles, Grill’d, Dan Murphy’s, Sushi Sushi, Yo-Chi, Messina, ANZ, CBA, NAB plus many more
- Close proximity to Malvern Tram depot with #43 tram at doorstep and close to Malvern and Armadale train stations
For further information or an inspection of 222 Glenferrie Road, Malvern, please contact selling agents.
*Approximately
In Conjunction with Fitzroys