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9 Menana Road, GLENROY VIC 3046

  • 180 sqm / approx

BOUTIQUE INVESTMENT OPPORTUNITY

Nelson Alexander Commercial are pleased to offer For Sale via Negotiation this boutique investment opportunity in central Glenroy. Securely leased and with side/rear access the property offers a desirable corner position and future redevelopment upside (STCA). A rare opportunity to secure a retail premises in a tightly held location.

Key Property Features:

> Net Rental (excl. land tax): $27,872.40 until 2023
> Landlord Favoured 4% increase
> Land size 225sqm*
> Floor area: 180sqm*
> Zoning: Commercial 1
> Long term established tenancy to popular local milk bar (with residence at rear)
> Rear/side access via ROW
> Future development and value-add upside (STCA)
> Off-street carparking

For all property enquiries or to arrange an inspection, please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.

*all measurements are approximate

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  • 180 sqm / approx

Price Guide

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