107 Kingsway,
Glen Waverley, VIC 3150

Located on Kingsway, the commercial heart of Glen Waverley. A publicly renowned ‘retail trading hot spot'. Glen Waverley's retail, accommodation and entertainment precinct is experiencing exceptional growth with a great mix of high street food and entertainment, mixed with a new shopping centre bringing more custom to an already strong location. The future looks exceptional - this is your chance to have your cake and eat it too.
A genuine investment, with the current award winning tenant being in business for 20+ years and remaining strong to this day. A proven operator with one of the most stable food businesses on Kingsway.
This tightly held Commercial 1 Zone retail shop has all the future potential an astute investor could look for in their next investment decision, from potential redevelopment (STCA) to strong rental upside in the future.
Features include:
• 5 Year lease commencing Feb 2017 with options until 2032
• Tenant pays GST and Outgoings
• Yearly CPI% rental increases
• Land 185m2 (approx.)
• Building 132m2 (approx.) retail shop
• Car parking at rear
• Large 6m Frontage
• Commercial 1 zone
• Rear laneway access
• 160m to Glen Waverley train station
• Business operating as usual

Over the last 5years our team have been involved in more commercial transactions than any other business within the Glen Waverley activity centre. We can offer a comprehensive insight into rental levels, strategy and sale values with some transactions taking place off market.
With such a long-standing reliable tenant and the future benefits of owning such a prominent Kingsway investment, make sure you contact us today for all relevant information.

Ryan Trickey 0400 380 4... or Ben Ainsworth 0412 534 028