Grandfield Property Group is pleased to offer this prime freehold investment located at 801A Dandenong Road, Malvern East for Immediate Private Sale. Well located in the sought-after blue-chip Malvern East area in close proximity to Monash University Caulfield Campus and Caulfield Racecourse, this freehold opportunity offers excellent investment with long-term lease. Key attributes of this prime investment include:

• Brand new shop located on the ground floor of the iconic “Vanguard Apartments”
• Fully leased to Owners Corporation used as residential gym
• Annual net rental income of $98,700 with fixed annual increase
• Brand new long term lease
• Area: 237 m2*
• 2 basement car parks
• 322 architecturally designed residential apartments directly above
• The only dedicated gym facility in the building for residents and Sebel Hotel directly above
• Outstanding public transport including Caulfield Railway Station located 450m* away and tram stop providing direct access to CBD

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