Superb Mixed-Use Freehold Leased To National Retailer

Fitzroys in conjunction with Stonebridge are delighted to offer this perfectly positioned, 100% leased freehold investment at 222 Glenferrie Road, Malvern for sale via public on-site auction on Wednesday 11th December at 1pm.

Key attributes include:

•  Extensively renovated two storey mixed use building of 304sqm*
•  Freehold land of 192sqm* with 6 metres of prime street frontage
•  Ground floor leased to major retailer Australian Red Cross (186 stores nationally) on new 5 year term
•  Separately leased modern first floor 4BR residence / office, with the flexibility to occupy in the future
•  Includes garaged on-site parking accessed via Stanhope Street
•  Diversified, fully leased income of $175,970 pa plus GST
•  Prominently positioned in the prime trading section of Glenferrie Road’s strong performing retail precinct surrounded by a number of major retailers including Coles, Grill’d, Dan Murphy’s, Sushi Sushi, Yo-Chi, Messina, ANZ, CBA, NAB plus many more
•  Close proximity to Malvern Tram depot with #43 tram at doorstep and close to Malvern and Armadale train stations

For further information or an inspection of 222 Glenferrie Road, Malvern please contact selling agents Chris Kombi, Lewis Waddell or Ben Liu of Fitzroys or Nic Hage, Rorey James or Ian Lam of Stonebridge.

*approx.

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