278 Waverley Road,
Malvern East, VIC 3145

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Map of 278 Waverley Road

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QUALITY FREEHOLD INVESTMENT – NEW 7 YEAR LEASE TO LONGSTANDING TENANT

New 7 Year Lease + Options
Freehold Investment
Tightly Held Precinct

Located within this thriving suburban shopping village, the property presents a rare opportunity for purchasers to acquire this well-presented freehold leased to longstanding tenant ‘Clancy’s Bakehouse’.

Auction: Thursday 19th November at 12 noon on-site

* Rental: $57,329 pa + GST + outgoings
* New seven (7) year lease to longstanding and well-known tenant ‘Clancy’s Bakehouse’
* Land area: 285 sqm (approx.)
* Building area: 190 sqm (approx.)
* Two (2) street frontages with rear access via Terminus Lane
* An institution amongst locals within the area

Prominently situated on Waverley Road shopping precinct and enjoying proximity to world-renowned Chadstone Shopping Centre and Monash University Caulfield approximately 12km south-east of Melbourne’s CBD.

Inspections:
One on one inspections are available, strictly via appointment.
Please contact the below exclusive sales agents to arrange:
Tom Maule +61 401 636 0...
Andrew Prowse + 61 418 534 076

Malvern East, 3145 demographic data

The median household income for Malvern East is $2,383, 25% higher than Greater Melbourne's household income of $1,901. Malvern East has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 46% of property owners in Malvern East have a mortgage.

22,296

Population

$2,383 per week

Median household income

38 years

Median age

Owners

Most residents

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Most households

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