Set 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 tenant providing culinary excellence in Asian cuisine. Very popular with foodies, this popular business has another location in Little Bourke St Melbourne.

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 June 2022 with options until 2036
• Tenant pays GST and Outgoings
• Yearly 4% 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

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.