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Prime Freehold Investment

801A Dandenong Road, MALVERN EAST VIC, 3145

For Sale

Property for Sale in 801A Dandenong Road, MALVERN EAST VIC, 3145

Grandfield Property Group P/L

Suite 1131, 1 Queens Street, Melbourne, VIC 3004

Listing ID:
11338130
Status:
Active
For:
Sale
Last Updated:
05/06/2019
Icon building

Property Type

Retail
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Land Area

N/A
Icon size

Floor Area

237 SQM
Icon parking

Parking

2

Prime Freehold Investment

Grandfield Property Group is pleased to offer this prime freehold investment located at 801A Dandenong Road, Malvern East for Immediate Private Sale.

Well located in the sought-after blue-chip Malvern East area in close proximity to Monash University Caulfield Campus and Caulfield Racecourse, this freehold opportunity offers excellent investment with long-term lease.

Key attributes of this prime investment include:

+ Brand new shop located on the ground floor of the iconic “Vanguard Apartments”
+ Fully leased to Owners Corporation used as residential gym
+ Annual net rental income of $98,700 with fixed annual increase
+ Brand new long term lease
+ Area: 237 m2*
+ 2 basement car parks
+ 322 architecturally designed residential apartments directly above
+ The only dedicated gym facility in the building for residents and Sebel Hotel directly above
+ Outstanding public transport including Caulfield Railway Station located 450m* away and tram stop providing direct access to CBD

*approx.

For more details, please email agent

Grandfield Property Group P/L

Suite 1131, 1 Queens Street, Melbourne, VIC 3004


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