74/1501 Malvern Road, Glen Iris VIC 3146

$499,000.00

3 parking

INVEST or OCCUPY

Completed in 2011, Suite 74 is a 100 square metre ground floor office that is partitioned into 6 sections comprising 3 offices, staff room/kitchenette, waiting and reception areas. A private courtyard is accessible from the staff room. The office is fully carpeted and has modern heating/cooling throughout. Secure parking for 3 cars included on title with secure visitor parking also available. There is lift access from the secure undercover parking to the office. Shared modern amenities including multiple male and female toilets, disabled toilet, shower and lockers which are maintained and cleaned from the modest body corporate fee.

1501 Malvern Road is situated within the retail/commercial precinct of Malvern Village centred on the intersections of Malvern and Toronga Roads. Close by are post office, newsagency, dry cleaners, bakery, hardware, doctors, dentists, boutique coffee shops and restaurants and much more. Trams pass the office that link to Camberwell Junction and the City. Toronga railway station is 5 to 10 minutes walk. The CBD is about ten minutes via Monash Freeway.

The office is presently leased to a Psychologist's practice(approx. $30,000pa including outgoings) and is tenanted until June 2016 however earlier occupancy is available by negotiation. Healthy depreciation schedule is available.

Property Details

• Type: Offices, Medical/Consulting, Retail
• Return Value: 6.00
• Tenancy: Vacant

Eco Friendly Features

EER (Energy Efficiency Rating):