- Secure 5 year lease + options to 2032
- Fixed 4% increases
- Strategic high profile corner
Secure 5 year lease to 2022 plus options to 2032.
Fixed 4% increases - assuring rental growth.
447 sqm building area - combined retail frontage of 30m.
Snap Fitness: Global health club with more than 1,500 locations worldwide.
Long-established successful tenant, operating 3 locations in Glen Iris, Armadale & Preston.
Lessee pays all usual outgoings as per the lease.
Important 8 designated car spaces on-title.
Perfectly positioned on the corner of major thoroughfares Burke and Malvern Roads offering rare exposure to 55,000 vehicles passing daily.
Gardiner Railway Station 220m away – 217 public car parks.
Premier blue chip location surrounded high profile retailers, situated on tram line with immediate access to Monash Freeway.
Glen Iris: Tree-lined, prestigious suburb of Melbourne and highly sought after location with a median house price of almost $2m.
Rent: $163,674 pa
Auction 11am AEDT Wednesday 12 December 2018
River Room, Crown Casino, Melbourne
|Gross Building Area