Fitzroys is delighted to present this impressive, well leased two storey freehold at 1491-1493 Malvern Road, Glen Iris for sale via Public Auction on Thursday 19th September at 2pm onsite.
Key attributes include:
- Brand new 6 x 6 year lease to highly successful, long established café tenant trading as "Mr Foxx"
- Commercial 1 zoned land holding of 224sqm* with rear access
- Huge corner frontage of over 59 metres* to Malvern Road and Creswick Street
- Perfectly presented two story building encompassing expansive internal dining areas and courtyard on ground floor and function room on first floor
- Exceptional neighbourhood location, walking distance to Tooronga Station and Gardiner Station, with tram services at doorstep
- Surrounded by highly regarded local and national retailers including Milton Wine Shop, Aus Post, Petbarn, IGA, BFT, Top Paddock, Teo's Pizza and many more
- Nestled within one of Australia's most affluent municipalities (Stonnington), Glen Iris boasts a median house price of $2.47 million, further enhancing the property's appeal with strong underlying land value
- Just 7.5kms* from Melbourne's CBD with convenient access to major arterials M1 / City Link, via Tooronga Road entrance
- Strategically located to benefit from recent influx of nearby residential developments, with more planned for the area which will further underpin the viability and growth in values of properties within Malvern Road's commercial precinct
For further information on 1491-1493 Malvern Road, Glen Iris or an inspection, please contact Fitzroys selling agents Chris Kombi, Lewis Waddell or Ben Liu.
*approx.
