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Gorman Allard Shelton

355 Glen Huntly Road Elsternwick, VIC 3185

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355 Glen Huntly Road,
Elsternwick, VIC 3185

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Gorman Allard Shelton
Jonathon McCormack

Gorman Allard Shelton

415 Riversdale Road
HAWTHORN EAST, VIC 3123
04188358...
Gorman Allard Shelton
355 Glen Huntly Road
Elsternwick, VIC 3185

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RARE PHARMACY INVESTMENT WITH UPSIDE

  • Two-Level Freehold Investment
  • New 7-Year Lease Ground Floor
  • Vacant First Floor Office
An outstanding opportunity to acquire a two-level freehold, with Advantage Pharmacy Elsternwick occupying the ground floor and additional income potential from a vacant first floor office/residence. A rare opportunity that would suit an array of investor profiles.

Auction: Wednesday 13th October 2021 at 12 noon on-site

Key property features include:

* Tenant: Advantage Pharmacy
* Brand new 7 year lease
* Current income: $60,000 pa net
* Potential income: $90,000 pa net
* Long-term use as a pharmacy (GF)
* Vacant first floor office with dual separate access enabling income stream potential
* Land area: 280 sqm approx.
* Rear access with on-site parking

The property is strategically located in the heart of the thriving Elsternwick retail precinct. Immediate proximity to national tenants including Coles, Bank of Melbourne, Nando's, Optus and Officeworks.

Property ID: 503910678Last Updated: 15 Dec 2021

Gorman Allard Shelton
415 Riversdale Road
HAWTHORN EAST, VIC 3123
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