Gross Waddell ICR is pleased to offer for sale via auction 769E Glenferrie Road, Hawthorn
This property offers an excellent retail investment opportunity situated within the highly regarded strip of Glenferrie Road. Located on the corner of Glenferrie Road and Kinkora Road this property offers excellent retail exposure.
Key Property Highlights:
Leased to established fashion retailer, Rolla's Jeans, with multiple stores across Melbourne's most affluent suburbs
Secure income of $74,000* per annum with fixed 4% annual increases
New 3 year lease
High exposure retail shop plus 2 car parks on title
First time offered to the market
Located on the tightly held Glenferrie Road retail precinct, surrounded by some of Melbourne's finest fashion retail, hospitality, and lifestyle amenity
Easy access to the tram and Glenferrie Train Station resulting in high levels of foot traffic from nearby residents and employees, as well as high vehicular traffic along Glenferrie Road
769E Glenferrie Road, Hawthorn is being offered for sale via Public Auction on Thursday 10th October at 1pm onsite.
For further information regarding this investment opportunity or to arrange an inspection, please contact Gross Waddell ICR directly.
*Approx.
