| House | $2,079,300  |
| Unit | $800,300 |
| Land | $2,471,700 |
Surrounding suburbs
| Ashburton | $1,976,000 |
| Ashwood | $1,509,000 |
| Burwood | $1,433,300 |
| Camberwell | $2,288,700 |
| Hawthorn East | $2,266,400 |
| Malvern | $2,251,400  |
| Malvern East | $1,841,200  |
| More Photos |
| Map | Nearby prices |
| Property Description: |
Development Land with Holding Income! This exceptional parcel of land is in the heart of Glen Iris and has easy access to the Monash Freeway, Glen Iris train station, High Street tram and provides prominent exposure to affluent surrounding suburbs. Sit back and enjoy the secure income while you decide what to do with this prominent parcel of prime Glen Iris land. With multiple street frontages to High Street and Brixton Rise and adjacent to parklands, this site is ripe for development. The former Glen Iris post office is currently leased as a nursery and cafe, while the rear of the property is leased to 32 tenants providing a secure income with low exposure to long term vacancies. ? 6,244m2 (approx.) over 2 titles ? Residential 1 Zoning ? Total income of $270,274 net p.a (approx.) ? Potential income of $350,000 net p.a (approx.) ? Secure income with bright future Conjunctional Agent: Colliers International Jeremy Gruzewski - 0422 211 021 Level 32, 367 Collins Street, Melbourne For Sale By Negotiation |
| Search neighbour's planning permit |
| Property report from Government |
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