March 15, 2023
For Sale, Glenroy, Northern Suburbs, Office, Retail, Sales
Well-Positioned Commercial Investment with Long-Term Tenant
By Rory White
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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.