Bustling Glenferrie Road Retail Investment
Occupying a prime corner position within the distinguished Glenferrie Road shopping strip. Renowned for its thriving culture, Glenferrie Road boasts many iconic cafes and restaurants, latest Australian designer boutiques and national retail brands.

High profile corner tenancy of 158 sqm* with two (2) secure basement car parks
Brand new lease with options to 2034 - commenced 1st September 2014
Leased to highly reputable tenant "Hakata Gensuke", who operates an already thriving store on Russell Street in Melbourne's CBD
Net rental of $68,000 per annum plus outgoings and GST
Fixed 4% annual increases
Strong lease security
Situated at the base of a brand new luxury development, 'Emblem'
Potential for depreciation benefits
Nestled amongst a thriving residential and retail catchment
Surrounded by Ribs and Burgers, Nando's, Rococo's, Grill'd, and many more bustling eateries

This property is to be sold via a Deadline Private Sale, closing the 18th of March at 2:00 pm (unless sold prior).

For further information or to organise an inspection, please contact Knight Frank directly.

* approx. 翻譯中文