Well-Positioned Commercial Investment with Long-Term Tenant

GrayJohnson is pleased to offer for sale by auction this impressive two-story commercial freehold securely leased to a financial brokering organisation. Abutting Glenroy Medical Centre, this property is located in a vibrant and diverse precinct with a mix of retail and commercial businesses. 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% and market value to be assessed at the option.

Key features of the property include:
• Substantial two-storey brick building of 171 sqm approx.
• Fully renovated throughout with excellent natural light
• Rear loading access via laneway
• Directly opposite recently upgraded Glenroy Station
• Around the corner from Pascoe Vale Road shopping strip
• Close to cafés, restaurants, Coles supermarket, Australia Post
• Ample council car parking nearby
• Easy access to major arterials

For more details contact Rory White 0439 655 504 or Anthony Boldrini 0468 519 472.

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