Gorman Kelly are delighted to present for your consideration a blue chip single storey commercial investment located in one of Melbourne’s most affluent suburbs.

Being positioned in a major commercial, retail and lifestyle hub in Melbourne’s premier inner south east, 416 Glenhuntly Road represents a magnificent investment leased by a highly recognised retailer with 127 stores Australia wide.

This premium opportunity is summarised by the following key attributes:

• Single storey retail investment
• Premises leased to Toyworld at $80,463pa net expiring 30th June 2021
• Land area 241.4m²*/ Zoned Commercial 1
• Building area of 165m²* with rear car park on-site with laneway access
• Easy access to public transport which includes tram on Glenhuntly Road (67), buses on Orrong Road (220 & 625) and five minute (450m*) walk to Elsternwick Train Station
• Prime location at the busy intersection of Glenhuntly Road and Orrong Road
• Situated in the heart of Elsternwick Village which is home to names such as Chemist Warehouse, Vintage Cellars,
Officeworks, OPSM, Subway and Nandos to name a few, plus all major banks;
• Favourable future development potential

Situated in the heart of the Elsternwick Village Precinct and just 9kms from the Melbourne CBD, Elsternwick is one of the most highly sought residential and lifestyle locations.
416 Glenhuntly Road occupies one of the most prominent positions on the strip at the intersection of Glenhuntly and Orrong Roads.