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An Investment with Grip!

421 Malvern Road, SOUTH YARRA VIC, 3141

For Sale

Property for Sale in 421 Malvern Road, SOUTH YARRA VIC, 3141

Richardson French - Commercial & Industrial

Level 1, 29 Princes Hwy, Dandenong, VIC 3175

Listing ID:
11315489
Status:
Active
For:
Sale
Price:
Expressions of Interest - Closing Friday 28/10/18
Last Updated:
18/09/2018
Icon building

Property Type

Industrial/Warehouse/Showrooms/Bulky Goods/Retail
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Land Area

0 SQM
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Floor Area

494 SQM
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Parking

0

An Investment with Grip!

Securely let industrial property with two street frontages leased to Good Year Tyres (Aust) Pty Ltd returning $126,000.00 Ex GST per annum plus all normal outgoings, on a five year lease commencing 03/09/2017 with further options and a future redevelopment clause.

Surrounding properties are being redeveloped at a rapid rate of knots, this property affords the opportunity to secure a quality investment with a genuine future redevelopment upside.

Inspection by appointment only.

Property features:

+ Main Road
+ Redevelopment Potential

+ Quality Tenant

+ Genuine Upside

+ Two Street Frontage
+ Sort After Location
+ Close to Chapel Street
+ Surrounded by Quality Redevelopments

Expressions of interest closing Friday 28/10/2018
I.M. & Contract available from agent

For more details, please email agent

Richardson French - Commercial & Industrial

Level 1, 29 Princes Hwy, Dandenong, VIC 3175

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