21 Claremont Ave, MALVERN

Blue Chip Freehold Investment

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  • MP Estate Agents are pleased to present to the market 21 Claremont Ave, Malvern to be sold by public Auction on Thursday 21st December from 1pm.

    Excellent opportunity to acquire this retail investment positioned in the heart of one of Melbourne's most tightly held and sought-after precincts, complemented by a median house price of $2.6 million^ and a highly affluent consumer demographic.

    •Current Rental income $56,931 net plus GST
    •All outgoings including land tax paid by tenant
    •Annual increases of 4%
    •2 years into 5-year lease
    •Further 2 options of 5 years each
    •Long Lease to Publicly Listed Company
    •Deprecition benefits available
    •Build Area: 121m2 approx.

    To discuss this fantastic retail investment or to arrange an inspection, please contact exclusive selling agent Max Pisano on 0418378900 or SMS 'CLAREMONT' to 048826000

    *Approx
    ^Source: REIV

Auction

Thursday 21-Dec-2017 at 1:00pm

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