» »
Fully Leased Commercial and Medical Investment

789 Pascoe Vale Road, GLENROY VIC, 3046

Sold

Property Sold in 789 Pascoe Vale Road, GLENROY VIC, 3046

Savills Melbourne

Level 48, 80 Collins Street, Melbourne, VIC 3000

Fitzroys

Level 27 / 360 Collins Street, Melbourne, VIC 3000

Listing ID:
11348096
Status:
Sold
Last Updated:
16/07/2019
Icon building

Property Type

Retail
Icon square

Land Area

N/A
Icon size

Floor Area

1336 SQM
Icon parking

Parking

N/A

Fully Leased Commercial and Medical Investment

Fitzroys and Savills are delighted to offer for sale this premium freehold investment, situated in the heart of Glenroy’s primary commercial precinct at 789 Pascoe Vale Road, Glenroy.

This property represents a fantastic opportunity to acquire a first class commercial and medical investment that is fully leased to three highly regarded tenants.

The key attributes of this opportunity include:
• Premium two storey freehold of 1336sqm*
• “Commercial 1” landholding of 910sqm*
• 100% leased with a rental of $499,691 pa
• Secure long leases with 8+ year WALE (As at 1 June 2019)
• Blue chip tenants Commonwealth Bank, Ray White, Modern Medical (Zenitas Healthcare)
• Entire building fully refurbished in 2017
• Future redevelopment and value-add potential (stpa)
• Adjacent large council carpark opposite Glenroy Railway Station.

For Sale by Expressions of Interest closing Wednesday 26th June at 2pm.

For more details, please email agent

Savills Melbourne

Level 48, 80 Collins Street, Melbourne, VIC 3000

Fitzroys

Level 27 / 360 Collins Street, Melbourne, VIC 3000


More properties from Fitzroys
Sold
602-604 High Street, KEW VIC, 3101

602-604 High Stre...

RetailOfficesLand/Development
For Lease
151 Commercial Road, SOUTH YARRA VIC, 3141

151 Commercial Ro...

Retail
For Lease
Shop 13/383 Keilor Road, NIDDRIE VIC, 3042

Shop 13/383 Keilo...

Retail
For Lease
524 - 564 Chapel Street, SOUTH YARRA VIC, 3141

524 - 564 Chapel ...

Retail
Sold
317/87 Gladstone Street, SOUTH MELBOURNE VIC, 3205

317/87 Gladstone ...

Offices
For Sale
54-64 Old Geelong Road, HOPPERS CROSSING VIC, 3029

54-64 Old Geelong...

RetailShowrooms/Bulky Goods
Loading...