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

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

Elsternwick

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

Elsternwick

SOLD
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
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
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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

422 Glen Huntly Road, Cnr Orrong Road Investment 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
Selling Details
Contact Agent

Investment 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

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

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Property Location of 422 Glen Huntly Road, Cnr Orrong Road, Elsternwick, VIC, 3185

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