Commercial Ready Logo
Watch Watch
Your home of Commercial Ready videos
Watch Watch
All Videos
Back
Sold Check
Back to results
Properties / Sold / Victoria / Elsternwick
Save
Share
Sold

422 Glen Huntly Road, Cnr Orrong Road, Elsternwick, VIC, 3185

+7 Photos
/
Images
Close
422 Glen Huntly Road, Cnr Orrong Road, Elsternwick, VIC, 3185
×
Sold Check
+9 Photos
422 Glen Huntly Road, Cnr Orrong Road, Elsternwick, VIC, 3185

422 Glen Huntly Road, Cnr Orrong Road, Elsternwick, VIC, 3185

Properties / Sold / Victoria / Elsternwick
Tenanted Investment

1. Property Summary

Selling Method
Auction
Selling Details
Contact Agent
Land Area
531 m² (*approx)
Floor Area
360 m² (*approx)
Property Type
Retail, Land, Offices
Terms
Recently renewed 4 year lease
Est. Income
$205,742 p/a
Fully Leased
Westpac Bank
Show All

2. Property Highlights

PREMIER CORNER RETAIL INVESTMENT
  • Recently renewed 4 year lease
  • High exposure corner investment
  • Triple net lease

** SOLD **

Gross Waddell ICR is delighted to offer for sale this blue chip retail investment positioned within the ever popular Glen Huntly Road shopping precinct.

Key highlights include:

• Recently renewed 4 year lease to Westpac Bank plus options

• Rental of $205,742.50* p.a. (Sept 24) – triple net lease (all outgoings paid by tenant)

• Annual 3% fixed increases, market review at option(s)

• Ultra prime corner landholding of 531 sqm*

• Three street frontages

422 Glen Huntly Road, Elsternwick is being offered for sale via Public Auction on Thursday 22nd August at 1pm onsite. For further information or to organise an inspection, please contact Gross Waddell ICR directly.

*Approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

1. Property Summary

Property Type
Retail, Land, Offices
Est. Income
$205,742 p/a
Tenant
Westpac Bank
Terms
Recently renewed 4 year lease
Land Area
531 m² (*approx)
Floor Area
360 m² (*approx)
Selling Method
Auction
Auction Date
22 Aug 2024 01:00PM
Add to calendar
Selling Details
Contact Agent

2. Property Highlights

PREMIER CORNER RETAIL INVESTMENT
  • Recently renewed 4 year lease
  • High exposure corner investment
  • Triple net lease

** SOLD **

Gross Waddell ICR is delighted to offer for sale this blue chip retail investment positioned within the ever popular Glen Huntly Road shopping precinct.

Key highlights include:

• Recently renewed 4 year lease to Westpac Bank plus options

• Rental of $205,742.50* p.a. (Sept 24) – triple net lease (all outgoings paid by tenant)

• Annual 3% fixed increases, market review at option(s)

• Ultra prime corner landholding of 531 sqm*

• Three street frontages

422 Glen Huntly Road, Elsternwick is being offered for sale via Public Auction on Thursday 22nd August at 1pm onsite. For further information or to organise an inspection, please contact Gross Waddell ICR directly.

*Approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Michael Gross
Michael Gross
+61 *** *** *** show +61 419 355 561
Alex Ham
Alex Ham
+61 *** *** *** show +61 410 545 226

Download Development Site Report
Michael Gross
Michael Gross
+61 *** *** *** show +61 419 355 561
Alex Ham
Alex Ham
+61 *** *** *** show +61 410 545 226

3. Property Location

422 Glen Huntly Road, Cnr Orrong Road, Elsternwick, VIC, 3185

Property Map
Street View
422 Glen Huntly Road, Cnr Orrong Road, Elsternwick, VIC, 3185 Elsternwick
Gross Waddell ICR
Gross Waddell ICR
Level 1, 30 Collins Street Melbourne VIC 3000
View Agency Profile
Michael Gross
Michael Gross
+61 *** *** *** show +61 419 355 561
Alex Ham
Alex Ham
+61 *** *** *** show +61 410 545 226
calculator-icon Yield Calculator
calcultor-icon Yield Calculator