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773 Pascoe Vale Road
Glenroy VIC 3046
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773 Pascoe Vale Road Glenroy VIC 3046

  • Shop & Retail
  • 412 m²
  • Commercial Auction

SUBSTANTIAL FREEHOLD WITH 10 YEAR LEASE IN PLACE

  • Rental income: $71,630 pa + GST
  • Versatile building of 412 sqm*
  • Two street frontages

Gorman Commercial is pleased to offer 773 Pascoe Vale Road, Glenroy for sale by Public Auction on Wednesday 16th October at 12 noon on-site.

The property presents an outstanding main road building, with two street frontages and is securely leased to a longstanding tenant on a 10 year lease.

Key property features include:

* Rental income: $71,630 pa + GST
* Building area: 412 sqm approx.
* Land area: 348 sqm approx
* Abutting council car parking with entrance from the rear council car park as well
* Two (2) street frontages
* Zoning: Commercial 1
* Future development upside (STCA)
* Walking distance to the brand new and recently completed Glenroy railway station
* The immediate location is underpinned by quality anchor tenants including Coles Supermarket, Direct Chemist Warehouse, Commonwealth Bank and many more local service retail businesses

Located in the prime position of the Pascoe Vale retail strip, this excellent set and forget retail investment offers both income, security and long-term development potential.

Auction date and time16/10/2024 12:00
Auction location773 Pascoe Vale Road, Glenroy VIC

Property Highlights

Floor Area412 m²
Land Area348 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019497075
Category
Last updated  17 Sep 2024
Map for 773 Pascoe Vale Road Glenroy VIC 3046

Property Highlights

Floor Area412 m²
Land Area348 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019497075
Category
Last updated  17 Sep 2024

Co-Agents

Dean Alexander
Gorman Commercial Real Estate Pty Ltd
Call
0409 877 787
Tom Maule
Gorman Commercial Real Estate Pty Ltd
Call
0401 636 049

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