789 Pascoe Vale Road,
Glenroy, VIC 3046
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Savills - Melbourne
Level 29, South Tower, 80 Collins StreetMELBOURNE, VIC 3000
789 Pascoe Vale Road
Glenroy, VIC 3046
Map of 789 Pascoe Vale Road
Fully Leased Commercial and Medical Investment
- Prime freehold with blue chip tenants
- Returning $499,691pa
- 8+ year WALE
Fitzroys and Savills are delighted to offer for sale this premium freehold investment, situated in the heart of Glenroy’s primary commercial precinct at 789 Pascoe Vale Road, Glenroy.
This property represents a fantastic opportunity to acquire a first class commercial and medical investment that is fully leased to three highly regarded tenants.
The key attributes of this opportunity include:
• Premium two storey freehold of 1336sqm*
• “Commercial 1” landholding of 910sqm*
• 100% leased with a rental of $499,691 pa
• Secure long leases with 8+ year WALE (As at 1 June 2019)
• Blue chip tenants Commonwealth Bank, Ray White, Modern Medical (Zenitas Healthcare)
• Entire building fully refurbished in 2017
• Future redevelopment and value-add potential (stpa)
• Adjacent large council carpark opposite Glenroy Railway Station.
For Sale by Expressions of Interest closing Wednesday 26th June at 2pm.
This property represents a fantastic opportunity to acquire a first class commercial and medical investment that is fully leased to three highly regarded tenants.
The key attributes of this opportunity include:
• Premium two storey freehold of 1336sqm*
• “Commercial 1” landholding of 910sqm*
• 100% leased with a rental of $499,691 pa
• Secure long leases with 8+ year WALE (As at 1 June 2019)
• Blue chip tenants Commonwealth Bank, Ray White, Modern Medical (Zenitas Healthcare)
• Entire building fully refurbished in 2017
• Future redevelopment and value-add potential (stpa)
• Adjacent large council carpark opposite Glenroy Railway Station.
For Sale by Expressions of Interest closing Wednesday 26th June at 2pm.
Property ID: 503208174Last Updated: 26 Aug 2019
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Fitzroys - MelbourneLevel 27, 360 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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