Price Guide:
• Premium Freehold Investment
• Commercial 1 zoning
• Invest now, develop or occupy later
• Large land at rear with laneway access
Aston Commercial are pleased to offer 450 Glen Huntly Road Elsternwick for private sale.
This opportunity consists of a beautifully presented, refurbished and renovated period freehold shop with first floor dwelling and rear laneway access. The property is located in a funky and vibrant strip near the corner of Orrong Road directly opposite the new Coles supermarket with a tram on its doorstep.
Benefitting from a solid lease to an established tenant, the acquisition will provide a secure investment in an area that is well established and highly sought after.
The property is leased to Fazal Trader PTY LTD trading as Alev Alev on a new 3 + 3 year lease from 25th April 2022 at $46,361 p/a plus GST & outgoings with annual 3% increases.
Sit back and enjoy the income and the steady increase in value the area is sure to provide and safe in the knowledge that there will be development upside in the future.
Please contact Aston Commercial today to arrange your private inspection.
*approx.
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