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Teska Carson Pty Ltd - Richmond

Shop 5, 242 Glen Huntly Road Elsternwick, VIC 3185

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Shop 5, 242 Glen Huntly Road,
Elsternwick, VIC 3185

Shops & Retail

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Key property information

Floor area

Car spaces

Zoning

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Teska Carson Pty Ltd - Richmond
George Takis
Luke Bisset

Teska Carson Pty Ltd - Richmond

6 Yorkshire Street
RICHMOND, VIC 3121
Teska Carson Pty Ltd - Richmond
Shop 5, 242 Glen Huntly Road
Elsternwick, VIC 3185

Map of Shop 5, 242 Glen Huntly Road

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ENTRY LEVEL INVESTMENT IN BOOMING ELSTERNWICK

Teska Carson is pleased to present for purchase Shop 5, 242 Glen Huntly Road, Elsternwick with the following key attributes:

Securely leased investment opportunity positioned in the heart of Elsternwick’s booming retail food & shopping precinct, Glen Huntly Road.

Longstanding tenant ‘Bottlemart Express Happy Cellars’ providing an annual net income of $48,094 + GST & Outgoings.

Five (5) year lease having commenced 1 July 2019 with additional five (5) year options until 2044.

Annual increases of 3%.

Building area of 75sqm* and two (2) secure on-site car spaces.

Flexible mixed use zoning allowing multiple options for future use (STCA).

Glen Huntly Road is a booming retail shopping strip with an abundance of national retailers, local businesses and hugely successful food operators including Hanoi Hannah, Penta & Carter Lovett to name a few.

Situated at the doorstep to Elsternwick Train Station and surrounded by additional public transport amenity including the no.67 tram and bus routes 603 & 246.

Please do not hesitate to call for further information:

Luke Bisset 0400 344 2...
George Takis 0403 259 5...

Property ID: 503815846Last Updated: 28 Jul 2021

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