FOR PRIVATE SALE Contact agents
Modern Office / Retail Building The Gateway to Glen Huntly Road Retail Precinct
Ideal Position; Ideal Exposure; Ideal Investment
An exceptional opportunity exists to astute investors/owner occupiers/developers to purchase this well presented Two Storey office building with vast retail opportunities.
This property enjoys a high profile, blue chip position in a bustling culinary, retail & business precinct with trams, train station, buses, classic cinema, personal services & new residential apartments towers all within close walking proximity. This is the gateway to the Glenhuntly Road Elsternwick precinct with a number of mixed use developments recently completed or in the pipeline. Don't miss this opportunity.
Exciting development potential subject to council approval.
The property is offered as going concern (subject to lease). Noting a one year lease is in place both parties can terminate with 30 days notice.
Potential estimated rental income range of appx
$90,0000-$100,000pa (Exclusive of GST) + outgoings
*Appx. Total Area: 310m2
Gnd Floor Area: 155m2 *appx First Floor Area: 155sqm *appx
Commercial 1 Zoning
Versatile office space
Expansive high profile frontage of *appx 10m2
Corner Site with laneway access
Ground floor retail opportunities
Potential to further develop (STCA)
Don't miss out on this outstanding investment opportunity
For more details, please email agent