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.
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