Sold
For Sale
  • Retail
  • Trophy Glen Iris Retail Investment

    G01 & G02, 1432-1436 Malvern Road, Glen Iris, VIC 3146 Australia
    Sold
    For Sale
  • Retail
  • Trophy Glen Iris Retail Investment

    G01 & G02, 1432-1436 Malvern Road, Glen Iris, VIC 3146 Australia
    Building Size
    316 SQM
    Building Size
    316 SQM

    OVERVIEW

    Cushman & Wakefield Melbco Strip Retail team are delighted to present For Sale G01 & G02, 1432-1436 Malvern Road, Glen Iris.


    • Substantial 316sqm^ corner tenancy prominently positioned on the Malvern Road retail strip with four (4) car spaces include on title

    • Fully leased to Hacker Australia, a globally renowned German kitchen cabinetry manufacturer producing approximately 7000 kitchens per day

    • Substantial rental return of $166,879p.a + GST & outgoings

    • Two separately titled lots offering flexibility to separate in future and maximise rental

    • 5-year lease in place with options as well as strong 3% fixed annual rental increases

    • No expense spared internal fit-out with stunning floor to ceiling windows throughout as well as high-end internal fixtures and fittings 

    • Highly affluent and captive local residential catchment with median house price above $2,400,000* 

    • High exposure corner location with expansive 30m* frontage to Malvern Road 

    • Well serviced by Gardiner Station as well as the Monash Freeway on-ramp both within close proximity


    For Sale via Private Sale


    Private inspections by appointment only.


    *Approx

    ^GLA


    Contact the Melbco Strip Retail team today:


    Raphael Favas | 0435 916 380

    Karim Ford | 0492 478 830

    Eva Ni 倪梦佳 | 0425 232 94266,879Fully leased to Hacker Australia, a globally renowned German kitchen cabinetry manufacturer producin

    - Inner East Melbourne

    Details

    Building Size:
    316 SQM
    Sale Price:
    Negotiable

    AVAILABILITIES

    LOCATION

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