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Gorman Commercial is pleased to present this well leased strata retail investment to the market for private sale. - Part of the Glenferrie Centre complex, anchored by Woolworths and BWS, this retail asset is leased to Shades of Fades, a bustling barbershop, on a three (3) year term with further three (3) year option period, currently returning $42,436 pa. - The strata retail premises of 45 sqm*, is situated at the entry point of the Glenferrie Centre, in a well frequented location connecting Glenferrie Road to Swinburne University and directly opposite a council carpark. - This premier location is underpinned by national brands such Coles Local, boutique eateries such as Via Porta Bakery, Fonda, Mile End Bagels, Yo-Chi and Axil Coffee Roasters to name just a few and fast food traders such as McDonald's, KFC, Roll’d, Subway and Sushi-Sushi. - Public transport amenity is provided in all forms, including Glenferrie Train Station (Belgrave and Alamein lines), Route 16 Tram, plus bus routes - Glenferrie Road continues to attract high grade businesses, with the likes of Lido Cinemas, Readings Books, Eco D, and Panache Flowers. - Swinburne University is a major draw card to the precinct with approx. 30,000 enrolled students and supplies a high student population studying and living in the immediate area, plus there are numerous private and public schools in proximity that continue to make the strip popular.
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