Gross Waddell ICR is pleased to offer for sale via public auction 331-339 Glen Huntly Road, Elsternwick (Cnr St Georges Road). This prized retail corner positioned within the heart of Elsternwick is a true once in a generation opportunity.
• Significant land area of 621.4 sqm*
• Three street frontages including 20.4m* to Glen Huntly Road and 30.5m* to St Georges Road
• Leased to 6 tenants including national burger chain Betty’s Burgers
• Strong income stream of $265,720* p.a. net
• Substantial 2 level building with a lettable area of 717.2 sqm*
- Ground Floor: 473.3 sqm*
- First Floor: 243.9 sqm*
• Flexible Commercial 1 zoning allowing for future multi-level development (STCA)
• Surrounded by national and established retailers
• Excellent public transport amenity nearby with tram services on the doorstep and metres from Elsternwick train station
331-339 Glen Huntly Road, Elsternwick is for sale via onsite Public Auction on Thursday 23rd November 2023 at 1pm.
For further information or to organise an inspection, please contact Gross Waddell ICR directly.
*Approx.
