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9 Menana Road, GLENROY VIC, 3046

For Sale
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Property for Sale in 9 Menana Road, GLENROY VIC, 3046

Nelson Alexander Commercial

187 Gertrude Street, Fitzroy, VIC 3065

Listing ID:
11392575
Status:
Active
For:
Sale
Last Updated:
29/10/2020
Price:
Contact Agent
Icon building

Property Type

Land/Development/Retail
Icon square

Land Area

225 SQM
Icon size

Floor Area

180 SQM
Icon parking

Parking

N/A

BOUTIQUE INVESTMENT OPPORTUNITY

Nelson Alexander Commercial are pleased to offer For Sale via Negotiation this boutique investment opportunity in central Glenroy. Securely leased and with side/rear access the property offers a desirable corner position and future redevelopment upside (STCA). A rare opportunity to secure a retail premises in a tightly held location.

Key Property Features:

> Net Rental (excl. land tax): $27,872.40 until 2023
> Landlord Favoured 4% increase
> Land size 225sqm*
> Floor area: 180sqm*
> Zoning: Commercial 1
> Long term established tenancy to popular local milk bar (with residence at rear)
> Rear/side access via ROW
> Future development and value-add upside (STCA)
> Off-street carparking

For all property enquiries or to arrange an inspection, please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.

*all measurements are approximate

For more details, please email agent

Nelson Alexander Commercial

187 Gertrude Street, Fitzroy, VIC 3065


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