MALVERN

235-243 Glenferrie Road, MALVERN VIC 3144

RARE CORNER DEVELOPMENT SITE IN THE HEART OF GLENFERRIE ROAD

GormanKelly is pleased to offer 235-243 Glenferrie Road, Malvern for sale via Expressions of Interest closing Wednesday 7th August at 2pm.

This is a rare opportunity: providing a hassle-free, secure investment in an unbeatable prime location with development potential.

We believe the most outstanding aspects of this property include:

- Five (5) retail premises with large rear car-park to be sold as one
- Total gross building area 636m²
- Leased to five (5) tenants (all Leases aligned with availability of short term vacant possession)
- Currently returning $384,676.58 net p.a. plus outgoings
- Suitable for Investors with future potential to develop (STCA)
- Land area 1,589m² / Zoned Commercial 1
- Prominent 30.51m* frontage to Glenferrie Road
- Great location – trams on Glenferrie Road, Wattletree Road and High Street and only 650m* from Malvern Train Station
- 550m* from Malvern Central Shopping Centre, anchored by Woolworths and home to names such as Bed Bath N’ Table, Adairs, kikki.k, Nine West, to name a few

Property Details


PROPERTY TYPE: Retail
BUILDING AREA: 636.00 m2
PRICE: Contact Agent
CAR SPACES: Large carpark at rear
CONTRACT TYPE: sale


Property Enquiry

Property Enquiry

Contact Agent

Aldo Galante
Director Valuation, Advisory And Advocacy

T: (03) 9810 7295
M: 0417 055 588
E: agalante@gormankelly.com.au

Nick Breheny
Director

T: 9810 7285
M: 0411 601 730
E: nbreheny@gormankelly.com.au

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