Sold
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.
Transaction Management by Advise Transact
In Conjunction with Fitzroys
*Approximately