DOUBLE FRONTED RETAIL INVESTMENT WITH ‘VALUE ADD’ OPPORTUNITY

283-285 Glen Huntly Road
Elsternwick

Gross Waddell ICR is pleased to offer to the market this large double fronted shop with holding income. Positioned in the heart of the Glen Huntly Retail Shopping Village this property offers ‘value add’ investors, developers and future owner occupiers an incredible opportunity to get a footprint in this thriving location.

Property highlights:

• Total building area: 427 sqm* consisting of a ground floor retail shop plus first floor residence and offices

• Current holding income: $70,000* p.a. (part vacant)

• Total land area: 250 sqm* of Commercial 1 zoned land

• Substantial frontage to Glen Huntly Road of 8.15* metres

• Second street frontage to R.O.W. with secure off street car parking and separate access to first floor residence

• Positioned in the heart of Glen Huntly Road, opposite Elsternwick Plaza

• Surrounded by an abundance of national retailers, entertainment & hospitality venues and apartment developments

• Elsternwick combines strong public transport, quality schools, vibrant retail and dining, and green spaces—making it a highly desirable, stable location for long-term investment.

For further details or to organise an inspection, please contact Gross Waddell ICR directly.

*approx.

Michael Gross

Director - Sales - Partner

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Alex Ham

Director - Sales - Partner

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Price

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