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336 Waverley Road, Malvern East, VIC, 3145

2. Property Highlights

Rare Find - Location Location Location
  • EXPRESSIONS OF INTEREST
  • Secured Retail Investment leased to post office with future development of 2 units at rear (STCA)
  • EOI Closing date Friday 16th June 2023 4pm

Secure investment – retail premises located on Waverley Road.

Site Area: 278 sqm2 approx.
Zoning: Commercial Zone 1
Lease Term: Five (5) Years
Lease Option: Five (5) Years
Tenant: Espera Trading Pty Ltd
Use of Premises: News Agency, Post Office, Tattslotto
Commencement Date: 1st January 2019
Rent: $30,035.56 per annum
Rent Increase: Annual from commencement date at the
rate of consumer price index (CPI)
Outgoings: Tenant pays 100% of outgoings (excluding
Land Tax)

NB: if the tenant exercises the option, the entire tenancy finishes on 1st January, 2029

Remember to mention you found this property on DevelopmentReady

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3. Property Location

336 Waverley Road, Malvern East, VIC, 3145