*AUCTION TO BE CONDUCTED ONLINE - PLEASE CONTACT THE AGENTS TO REGISTER TO BID*
Emmetts are delighted to exclusively present 180-182 Glenferrie Road (Cnr Winter Street), Malvern for sale by public on site auction.
A rare opportunity to secure a prime multi-tenanted corner freehold adjacent the main retail anchor of the shopping strip.
+ Located adjacent Coles Supermarket and large public car park; promoting strong pedestrian footfall along both the Glenferrie Rd and Winter Street frontages.
+ Prime position within the Glenferrie Road Malvern retail strip; one of Australia’s premier retail shopping strips supported by a strong socio-economic retail catchment.
+ Corner retail & commercial freehold with combined frontages of 60 metres*
+ Land area 446 sq m*
+ Substantial two level retail & commercial building comprised of 8 tenancies across 700 sq m*
+ Multi-tenanted building including new 7 year lease to Sushi Sushi as well as long lease to local cafe institution Winter Cafe; part of the substantial ‘Only Hospitality’ Group. Other popular tenants include Here Yoga on part of the first floor as well About Sight Optometrists on Glenferrie Road.
+ Three letting opportunities exist to increase income including two shops facing Coles and part of the first floor.
+ Several asset management opportunities to further enhance performance.
+ Estimated fully leased income $426,416 pa plus GST
For sale by public on site auction Friday 20th August 2021 at 12:30pm.
* denotes approx.
For further information on this sale, contact the exclusive selling agents.
Remember to mention you found this property on CommercialReady.com.au
