Sold by Scott Kim Real Estate - Your Private Sale Specialists. Buyers waiting - Please Call (03) 9808 0481 to receive offers on your home.
Prime Investment Opportunity Returning over 4.5%!
An exceptional opportunity to acquire a well-positioned commercial property in the heart of Glen Waverley’s thriving retail precinct. Currently leased to a long-established News Agency and Tattslotto business, this property offers immediate income with future development potential (STCA).
** Key Features **
– Secure Tenancy
– Leased to a trusted News Agency & Tattslotto outlet
– Current rental approx. $48,550 p.a. (incl. GST) + outgoings
**Zoning**
– Commercial 1 Zone (C1Z) – allows for a range of retail, commercial or mixed-use development (STCA)
** Land & Building Size **
– Land area: 190 sqm (approx.)
– Building area: 104 sqm (approx.)
** Excellent Exposure & Access **
– Prominent corner position with dual street frontage
– Rear access via right of way
– Ample parking at front and rear
**Why Invest**
– Strong Rental Return with a stable long-term tenant
– Future Development Potential (STCA) under C1Z
– Strategic Location – within Glen Waverley’s vibrant commercial precinct, close to The Glen Shopping Centre, schools, and public transport
Ideal for Investors seeking passive income, or Owner-Occupiers planning their own retail/commercial venture.
Contact Scott Kim on (03) 9808 0481 to secure this exceptional opportunity today!
