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233 Glenferrie Road, MALVERN VIC 3144 SALE
Secure Retail Investment – First time offered in 40 years
16
Price
Contact Agent
Building Area
250 sqm
Land Area
225 sqm
- Income: $71,260 pa + GST + Outgoings
- Quality landholding of 225sqm
- Prominent 6+ metre frontage
Description
Gorman Commercial is pleased to offer 233 Glenferrie Road, Malvern for sale by way of public auction on Friday 29th May at 12:30pm on-site.
Offered for the first time in 40 years, the property presents an excellent opportunity for buyers to acquire this securely leased tenanted investment situated within one of Melbourne’s most sought after retail shopping strips.
The key highlights are:
- Income: $71,260 pa + GST + Outgoings
- Versatile two-level freehold premises currently being utilised as a restaurant.
- Rear access and dry storage area plus secure on-site parking
- Quality landholding of 225sqm
- Prominent 6+ metre frontage providing flexibility and future development upside (STCA)
- Situated within the heart of the vibrant and highly affluent Glenferrie Road, Malvern location.
- Within 50 metres to 3 large council car parks providing substantial car parking for customers.
Leased to established and well renowned local Thai restaurant, Nakorn Thai, with an exceptionally high google review rating of 4.6 stars from 457 reviews.