1419 Malvern Road, MALVERN VIC 3144 SALE
- Ground Retail & First Floor Residence
- Dual Income of $81,020 pa NET plus GST
- On-Site Parking with Rear Access
Description
Gorman Commercial is pleased to offer by Private Sale 1419 Malvern Road, Malvern.
Positioned within the tightly held Malvern Village retail precinct, 1419 Malvern Road presents an exceptional opportunity to secure a prime, freehold investment with immediate income and long-term upside.
The property comprises a well-presented retail / display suit with strong street presence, rear access and on-site parking. Further complimented by a first floor residential apartment delivering valuable additional income stream.
Key Property Features include:
* Land area of 204sqm (approx.)
* Building area of 168sqm (approx.)
* Dual income streams via Ground Retail & First Floor Residence
* Returning $81,020 net pa plus GST & outgoings
* Prime Commercial 1 Zoning
* Rear Access via ROW with On-Site Parking
* Sought-after position in the heart of Malvern Village
* Surrounded by well-established tenants such as IGA, BFT, Petbarn, Australia Post
With a history of strong occupancy suitable to a variety of uses, complimented by dual income streams, 1419 Malvern Road represents a rare opportunity to acquire a secure, income-producing assest in a proven retail location with enduring tenant demand.