Feature Property

441-469 Malvern Road, SOUTH YARRA, VIC

Type: sale

Building Area: 4137 sqm

SOUTH YARRA'S FINEST SHOWROOM INVESTMENT

A lifetime investment opportunity leased to one of the most respected names in the Australian automotive industry.

Gorman Commercial is delighted to offer one of South Yarra’s largest and most prestigious car dealership investment opportunities for sale via an Expressions of Interest campaign closing on Wednesday 11th August 2021 at 2pm.

Key property features comprise:

* Lessee: B.S. Stillwell Motor Group
* 15 year lease plus options (comm’t August 2015)
* Income: $1,136,431 pa net plus 3.25% annual reviews
* Building area: 4,137 sqm approx.
* Showroom frontage of 88 metres
* Volvo showroom and service centre

Located on the north-eastern corner of Malvern Road and Hobson Street with rear access via McKillop Street within the core retail strip of Hawksburn Village. Situated within a well-established retail/commercial/residential district with strip shops, supermarkets, car dealerships, residential houses and commercial properties all within the direct vicinity.

Contact Details

Jonathon McCormack
jmccormack@gormancommercial.com.au
0418 835 885

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