Richardson French FOR SALE

421 Malvern Road, South Yarra

expression of interest

An Investment with Grip!

Securely let industrial property with two street frontages leased to Good Year Tyres (Aust) Pty Ltd returning $126,000.00 Ex GST per annum plus all normal outgoings, on a five year lease commencing 03/09/2017 with further options and a future redevelopment clause.

Surrounding properties are being redeveloped at a rapid rate of knots, this property affords the opportunity to secure a quality investment with a genuine future redevelopment upside.

Inspection by appointment only.

Property features:

+ Main Road
+ Redevelopment Potential

+ Quality Tenant

+ Genuine Upside

+ Two Street Frontage
+ Sort After Location
+ Close to Chapel Street
+ Surrounded by Quality Redevelopments

Expressions of interest closing Friday 28/10/2018
I.M. & Contract available from agent

Property Details

Asset Type
Industrial Warehouse
Building Area
494 m2*
Price
Expressions of Interest - Closing Friday 28/10/18

Jeffrey Richardson

0418 328 101

jeffrey@richardsonfrench.com.au