A CRYSTAL-CLEAR INVESTMENT
743 Glen Huntly Road
Caulfield
150.00m2
Retail
** SOLD **
Gross Waddell ICR is pleased to offer 743 Glen Huntly Road, Caulfield as part of ‘The Neighbourhood Collection’. This two-level retail investment leased to an established tenant is within a prominent position within the active Caulfield South Retail Strip.
https://signatureauctionseries.com.au/
• 5 year lease (comm. Sept 21) plus 1 further term of 5 years
• Returning $37,440 net per annum* with fixed 4% annual increases
• Leased to established retailer ‘Qi Crystals’ who have been in operation since 1980
• Two level freehold offering high quality finishes throughout
• Commercial 1 zoned landholding with a second street frontage to a Right of Way at the rear
• Surrounded by popular national and local traders including Priceline, 7-Eleven, Foodworks, Australia Post, KX Pilates, Burgertory and more
• Strong local demographic of high disposable income, boasting a median house price of $1,814,000 (Source: realestate.com.au August 2022)
The property is to be sold via Public Auction as part of ‘The Neighbourhood Collection’ and held at Leonda by the Yarra from 11 am on Thursday the 13th of October 2022. For further information or to organise an inspection, please contact Gross Waddell ICR directly.
*Approx.
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