Commercial

75-93 Glen Eira Road, Ripponlea, VIC, 3185

  • Overview
  • Details
  • Agent
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Overview

  • Auction:
    Auction:
    Thursday 6 May, 12:30pm
  • Property Area
    Area:
    716 M2 (*approx)
  • Property Type
    Type:
    Commercial, Office, Other, Retail
  • Development Potential
    Development Potential:
    Commercial development Opportunity (STCA)

Property Details

PRIZED CORNER - GENERATIONAL OPPORTUNITY

INVEST NOW / DEVELOP LATER (STCA)

**AUCTION: THURSDAY 6TH MAY 2021 AT 12:30PM ONSITE**

Gross Waddell ICR is pleased to offer for sale this sizeable, high exposure retail site positioned on the corner of Glen Eira Road and Hotham Street, within the tightly held Ripponlea Village.

• An iconic, freestanding two level corner building of 838m²* consisting of seven shops and first floor offices – currently occupied by six tenants

• A prominent landholding of 716m²* with three street frontages:
- Glen Eira Road: 39m*
- Hotham Street: 18m*
- R.O.W.: 18m*

• Short term lease holdings allow for the ultimate flexibility to 'value add' or develop (STCA)

• Current income of $295,000* p.a.


*Approx.

Remember to mention you found this property on DevelopmentReady.com.au

Agency information

Property Map
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