Description
Gorman Commercial in conjunction with Sutherland Farrelly are pleased to offer for sale 113 Glenferrie Road, Malvern via Expressions of Interest closing on Wednesday 20th August at 2pm.
This beautifully presented retail shop, occupied by a long-term and well-known tenant, boasts a prime location in the heart of Glenferrie Road Malvern, and is an exceptional investment opportunity not to be missed.
Key property features:
* Leased to long-term national tenant, Blue Illusion with over 25 years of trading history and 88 stores throughout Australia & New Zealand
* Five (5) year lease from August 2024 plus option
* Income: $101,970 pa + GST + outgoings (as at 7 August 2025)
* Land area of 217 sqm with rear access via council carpark
* On-site parking
* High exposure position in the heart of one of Melbourne's best retail shopping strips, surrounded by excellent council carparking and an affluent demographic