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75-93 Glen Eira Road, RIPPONLEA VIC, 3185

Sold
https://dduaaywsz-res-5.cloudinary.com/image/upload/v1620276888/wm2ek2xpvi6upgmkc8yb.jpg

Property Sold in 75-93 Glen Eira Road, RIPPONLEA VIC, 3185

Gross Waddell ICR Pty Ltd

Level 1/30 Collins Street , Melbourne, VIC 3000

Listing ID:
11408295
Status:
Sold
Last Updated:
06/05/2021
Price:
Contact Agent

Property Type

Retail

Land Area

N/A

Floor Area

838 SQM

Parking

N/A

PRIZED CORNER - GENERATIONAL OPPORTUNITY

** SOLD **

INVEST NOW / DEVELOP LATER (STCA)

Gross Waddell ICR is pleased to offer for sale this sizeable, high exposure retail site positioned on the corner of Glen Eira Road and Hotham Street, within the tightly held Ripponlea Village.

• An iconic, freestanding two level corner building of 838m²* consisting of seven shops and first floor offices – currently occupied by six tenants

• A prominent landholding of 716m²* with three street frontages:
- Glen Eira Road: 39m*
- Hotham Street: 18m*
- R.O.W.: 18m*

• Short term lease holdings allow for the ultimate flexibility to 'value add' or develop (STCA)

• Current income of $295,000* p.a.

*Approx.

For more details, please email agent


Video & Interactive Tour

Gross Waddell ICR Pty Ltd

Level 1/30 Collins Street , Melbourne, VIC 3000


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