1438 Malvern Road
Glen Iris, 3146 VIC

ICONIC LOCAL RESTAURANT INVESTMENT

6 Floor area approx 223sqm

X Commercial are pleased to offer to the market 1438 Malvern Road, Glen Iris for Private Sale.

That Greek Tavern: a favourite local establishment trading over 15 years.

The property represents an appealing hospitality/retail investment in the heart of the Malvern Village retail precinct situated in Melbourne's inner east.

1438 Malvern Road offers a prominent corner position with high exposure to the retail strip, which is well serviced by an abundance of local amenities including supermarkets, retail & hospitality and strongly supported by recreational and public transport facilities.

The property comprises a two-level stand-alone commercial building that has been utilised as a well know, established restaurant trading for over 15 years.

X factors:

• Vibrant community retail village
• Established restaurant trading over 15 years
• Commercial 1 Zone
• Lease Term: 5 years
• Commencement Date: 1 August 2021
• Options: 2 x 5 Years
• Net Rental - $75,910.73pa + GST (@ 01/08/26)
• Reviews: 4% pa
• Outgoings: All (except Land Tax)
• Stand-alone building
• Attractive investment proposition
• Prominent corner position
• Strong local demographic and amenity

Sold

Inspect

Inspection of this property is available strictly by arrangement only.

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