75-93 Glen Eira Road,
Ripponlea, VIC 3185
Shops & Retail
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Gross Waddell ICR Pty Ltd - Melbourne
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
75-93 Glen Eira Road
Ripponlea, VIC 3185
Map of 75-93 Glen Eira Road
PRIZED CORNER - GENERATIONAL OPPORTUNITY
** SOLD **
INVEST NOW / DEVELOP LATER (STCA)
Gross Waddell ICR is pleased to offer for sale this sizeable, high exposure retail site positioned on the corner of Glen Eira Road and Hotham Street, within the tightly held Ripponlea Village.
• An iconic, freestanding two level corner building of 838m²* consisting of seven shops and first floor offices – currently occupied by six tenants
• A prominent landholding of 716m²* with three street frontages:
- Glen Eira Road: 39m*
- Hotham Street: 18m*
- R.O.W.: 18m*
• Short term lease holdings allow for the ultimate flexibility to 'value add' or develop (STCA)
• Current income of $295,000* p.a.
*Approx.
INVEST NOW / DEVELOP LATER (STCA)
Gross Waddell ICR is pleased to offer for sale this sizeable, high exposure retail site positioned on the corner of Glen Eira Road and Hotham Street, within the tightly held Ripponlea Village.
• An iconic, freestanding two level corner building of 838m²* consisting of seven shops and first floor offices – currently occupied by six tenants
• A prominent landholding of 716m²* with three street frontages:
- Glen Eira Road: 39m*
- Hotham Street: 18m*
- R.O.W.: 18m*
• Short term lease holdings allow for the ultimate flexibility to 'value add' or develop (STCA)
• Current income of $295,000* p.a.
*Approx.
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Property ID: 503799394Last Updated: 7 Jul 2021
Gross Waddell ICR Pty Ltd - MelbourneLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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