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IGA Supermarket 1368-1372 Malvern Road, MALVERN VIC, 3144

For Sale
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Property for Sale in IGA Supermarket 1368-1372 Malvern Road, MALVERN VIC, 3144

Abercromby's Real Estate Pty Ltd

1075 High Street, Armadale, VIC 3143

Listing ID:
11392416
Status:
Active
For:
Sale
Last Updated:
01/09/2020
Icon building

Property Type

Retail
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Land Area

483 SQM
Icon size

Floor Area

400 SQM
Icon parking

Parking

N/A

Blue Chip IGA Supermarket Investment – Long Lease

Abercromby’s Real Estate as the exclusive selling agent, is pleased to offer 1368-1372 Malvern Road, Malvern. This is your chance to secure a prime investment in one of Melbourne’s most liveable suburbs. Having a strong performing tenant such as IGA already in place, allows for instant rental income.

• Boutique IGA Supermarket and liquor retail shop.
• Bank Guarantee and Indemnity provided by tenant.
• Strong income of $155,000 (approx.) with fixed CPI annual rental increases.
• 440 sqm (approx.) of retail space, plus first floor office and rear loading dock.
• Residential apartments and office accommodation located nearby generating strong all-day trade.

Private Auction Wednesday 14th October. For further details contact Tim Derham on 0438 332 844

For more details, please email agent

Abercromby's Real Estate Pty Ltd

1075 High Street, Armadale, VIC 3143


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