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PROPERTY DETAILS
  • Auction

    28th May at 1:00pm
  • Price

    Contact Agent
  • Property Type

    Retail
  • Building Area

    75m2
  • Car Spaces

    2

Shop 5/242 Glen Huntly Road, Elsternwick

ENTRY LEVEL INVESTMENT IN BOOMING ELSTERNWICK

Teska Carson is pleased to present for purchase Shop 5, 242 Glen Huntly Road, Elsternwick with the following key attributes:

Securely leased investment opportunity positioned in the heart of Elsternwick’s booming retail food & shopping precinct, Glen Huntly Road.

Longstanding tenant ‘Bottlemart Express Happy Cellars’ providing an annual net income of $48,094 + GST & Outgoings.

Five (5) year lease having commenced 1 July 2019 with additional five (5) year options until 2044.

Annual increases of 3%.

Building area of 75sqm* and two (2) secure on-site car spaces.

Flexible mixed use zoning allowing multiple options for future use (STCA).

Glen Huntly Road is a booming retail shopping strip with an abundance of national retailers, local businesses and hugely successful food operators including Hanoi Hannah, Penta & Carter Lovett to name a few.

Situated at the doorstep to Elsternwick Train Station and surrounded by additional public transport amenity including the no.67 tram and bus routes 603 & 246.

Please do not hesitate to call for further information:

Luke Bisset 0400 344 211
George Takis 0403 259 559

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