Commercial Investment Properties in Glen Waverley, VIC 3150

• Fixed 3% annual rent increases  • Exposure to 53,000+ vehicles daily*  • Significant depreciation benefits

• 298sqm Total Floor Area   • 5 + 5 + 5 Year Lease  • 14 Secure Car Spaces On Title

• First Time Offered In 43 Years!  • 100% Leased To 3 Tenants  • Combined Frontage of 51 Metres*

• Land rich 2,131sqm* site  • 60,000 vehicles passing daily*  • 11km* from Melbourne CBD

• Brand New Cremorne Office Building  • Significant Depreciation Benefits  • First Generation Tenants

• Prominent 2 level corner office  • Substantial C1Z landholding  • Short-term holding income

• LAND AREA: 1,937 SQM* / 45M* FRONTAGE  • GENERAL RESIDENTIAL ZONING   • 12 APARTMENTS

• Total Annual Passing Income of $451,326.  • WALE of 3.03 Years by Income**  • Strong Future Development Fundamentals

• New 12 year lease to 2036  • Annual 3% rent increases  • Significant depreciation benefits