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Gorman Commercial - Real Estate

269 Glenferrie Road Malvern, VIC 3144

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269 Glenferrie Road,
Malvern, VIC 3144

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Gorman Commercial - Real Estate
Jonathon McCormack
Stephen Gorman

Gorman Commercial - Real Estate

415 Riversdale Road
HAWTHORN EAST, VIC 3123
Gorman Commercial - Real Estate
269 Glenferrie Road
Malvern, VIC 3144

Map of 269 Glenferrie Road

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IRREPLACABLE MALVERN CORNER

  • Prime corner location with parking
  • Combined income: $99,400 pa net
  • Future development potential (STCA)
Outstanding two-level prime corner location with on-site parking adjoining the council car park.

Auction: Friday 21st May at 12 noon on-site

Key property features include:

Ground Floor:
* Lease: 4 + 4 years
* Income: $60,000 pa net
* Rent Review: Fixed 3% annually

First Floor:
* Lease: 3 + 3 years
* Income: $39,392 pa net
* Rent Review: Fixed 3% annually

* Total combined income: $99,400 pa net
* Two (2) separate tenancies
* Development potential in the future (S.T.C.A.)

Located near the corner of High Street opposite Custom Lighting and the Malvern Town Hall.

Property ID: 503811502Last Updated: 22 Jul 2021

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