HIGH YEILDING, SECURELY LEASED OFFICE INVESTMENT

GormanKelly is pleased to offer Suite 307, 17-33 Milton Parade, Malvern for
sale by private treaty.

This exclusive offering provides investors with the opportunity to secure a prime strata office suite located in a thriving commercial location within the heart of one of the area’s fast-emerging growth corridors.

We believe the most outstanding aspects of this property include:
* Office area 36.45m² with one (1) secure onsite car spaces;
* Secure two year lease; (Expires 30 June 2017)
* Currently returning $21,000 p.a. + GST plus a proportion of the outgoings;
* Zoned Commercial 1;
* Well serviced by public transport with Tooronga Train Stations & extensive bus services within walking distance;
* Easy access to the major south-eastern thoroughfares including
* Fully equipped gymnasium, on-site café, professional business centre with boardrooms for hire, and much more!

CALL NOW TO INSPECT

17-33 Milton Parade is located on the eastern side of Milton Parade near the corner of Toorak Road approximately 10km* south-east of the Melbourne CBD within the municipality of the Stonnington City Council. Toorak Road is a major arterial that runs from Burwood through to South Yarra, where it merges into St Kilda Road.

The 2km area surrounding Milton Parade is recognised as a region for fast-emerging growth with respect to commercial, retail and residential development. The surrounding area boasts an abundance of retail amenity, only a short distance to the newly opened Tooronga Village; anchored by Coles and comprising some 22 specialty stores over two-levels, including restaurants and cafes, a fresh food market, plus 480 undercover car spaces as well as bus services. Moreover, the newly opened Masters hardware store, located at the former 2.9 hectare Multinet Gas site at 740-742 Toorak Road, will boost amenity and further consumer activity within the area.