207-213 Waverley Road, Malvern East, VIC, 3145


VERSATILE BUILDING WITH CONSIDERABLE UPSIDE

For Sale by Expression of Interest Closing Thursday 6th December 2018 at 3pm
  • Land Area: 1,622m²*
  • Building Area: 2,272m²*
  • Short-term net income: $731,201 pa
Colliers International are delighted to offer 207-213 Waverley Road, Malvern East for sale by Expression of Interest closing Thursday 6th December 2018 at 3pm.
 
A rare and highly sought after commercial office building that is well positioned to all purchasing profiles being owner occupier’s investors and developers.
 
Key highlights of this opportunity include:
 
  • Prime corner location – Waverley Road and Emo Road
  • Large land parcel of 1,622m2* with over 80m* combined street frontage
  • Two (2) level office building with an NLA of 2,272m² and 71 on-site car parks
  • Short-term holding income $731,021 per annum* leased to Dennis Family Holdings
  • Lease expires 31st March 2019
  • 2.5-Star NABERS Energy Rating
  • A great value adding prospect
  • Flexible Commercial 1 zone allows a multitude of development outcome (STCA)
  • Permit approved for a four (4) level mixed use building
  • Public transport at the doorstep (tram)
  • Walking distance to Monash University and Caulfield Train Station
  • Suits all purchasing profiles
 
For further information please contact the exclusive selling agents at Colliers International.
 
*approx

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