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1525 High Street Glen Iris, VIC 3146

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1525 High Street,
Glen Iris, VIC 3146

Shops & Retail • Offices

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$700,000

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LONG TERM COMMERCIAL INVESTMENT OPPORTUNITY IN GLEN IRIS

- Brand new 5 x 5 Lease commenced May 2014
- Returning $32,000 per annum plus GST plus Outgoings
- Annual increases and market reviews at options
- Total land area 226m2 approx.
- Building area over two levels 150m2 approx.

Benefitting from maximum exposure along Glen Iris’ popular High Street shopping precinct, seize this magnificent opportunity to claim a slice of this trendy strip in an affluent Melbourne suburb and with it, the prospect of attractive returns and future rewards.

A flawlessly presented interior that’s had no expense spared and is meticulously cared for will provide peace of mind to the astute investor. There’s also the comfort of a new 5 x 5 lease in place to longstanding local business, PEERS hairdressing salon who have been in the area for approx. 28 years.

Adding further appeal, a coveted location that enjoys fantastic capital growth is also within walking distance of Glen Iris train station and the No. 6 tram, and is located at the entrance of the Monash Freeway.

An investment of this caliber is often sought but rarely found!

Auction Wednesday 6th August 2014 @ 1pm on-site

Paul Rizzo 0418 688 888
George Kelepouris 0425 798 677

Property ID: 501177475Last Updated: 4 Sep 2014

(03) 9568 20...
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1525 High Street
Glen Iris, VIC 3146
RWC - Oakleigh
7-9 Atherton Road
OAKLEIGH, VIC 3166
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