Well-positioned commercial investment with brand new lease.
GrayJohnson is pleased to offer for sale by auction this impressive two-storey commercial freehold securely leased to an established mortgage & financial brokering group.
Surrounded by a mix of retail and commercial businesses and abutting Glenroy Medical Centre, this property is located in a vibrant and diverse commercial precinct. With a brand new 3 + 3-year lease in place, the property is currently returning $40,000 pa net, with fixed annual reviews of 3%.
• Substantial two-level brick building
• Total building area 171 sqm*
• Stand out location – directly opposite recently-upgraded Glenroy station
• Fully renovated throughout with excellent natural light
• Rear loading access via laneway
• Close to cafés, restaurants, Coles supermarket, Australia Post
• Abundant council car parking nearby
• Easy access to major arterials including Pascoe Vale Road, Western Ring Road and Tullamarine Freeway.
Auction Wednesday 29 March @ 11 am