Shop 3, 148 Wattletree Road,
Malvern, VIC 3144
Other
Key property information
Floor area
Map of Shop 3, 148 Wattletree Road
Impressive contemporary retail premises
This impressive contemporary retail premises represents an rewarding investment approach in a location offering all the benefits associated with immediate proximity to Glenferrie Road.
Surrounded by complementary retail outlets, with ample off street council parking, this securely leased commercial property, still in as new condition, suggests depreciation allowances as a further attraction.
The light-filled retail display space is complemented by kitchenette and office alcove, private storage area and w/c. .
A net lettable area of some 41sqm approx, currently returning annual rent of approximately $24,170 pa approx. + outgoings, is currently securely leased to a first class tenant with a strong track record in retail success.
A 3 year lease that commenced on 14/01/2008 offers options of further terms of 2 years and 5 years .
Surrounded by complementary retail outlets, with ample off street council parking, this securely leased commercial property, still in as new condition, suggests depreciation allowances as a further attraction.
The light-filled retail display space is complemented by kitchenette and office alcove, private storage area and w/c. .
A net lettable area of some 41sqm approx, currently returning annual rent of approximately $24,170 pa approx. + outgoings, is currently securely leased to a first class tenant with a strong track record in retail success.
A 3 year lease that commenced on 14/01/2008 offers options of further terms of 2 years and 5 years .
Additional information
External websites
Malvern, 3144 demographic data
The median household income for Malvern is $2,606, 37% higher than Greater Melbourne's household income of $1,901. Malvern has an older age profile compared to the rest of Greater Melbourne (median age 44 vs 37). Property ownership data shows 39% of property owners in Malvern have a mortgage.
9,929
Population
$2,606 per week
Median household income
44 years
Median age
Owners
Most residents
Families
Most households
04004446...
Shop 3, 148 Wattletree Road
Malvern, VIC 3144
Cambridge Thomson2 Claremont Avenue
MALVERN, VIC 3144
MALVERN, VIC 3144
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