4 Illowa Street, Malvern East, Vic 3145

- REFURBISHED, AND WELL PRESENTED TWO-STORY FREEHOLD
- CURRENT LEASE RETURNING $37,080 PER ANNUM NET 
- SUITABLE FOR VARIETY OF USES (STCA)

Jellis Craig are pleased to offer for sale via Private Sale, this refurbished and functional two-story mixed-use freehold in a blue-chip Malvern East location. 

Currently leased to Shiko Tattoo Studio, on a two (2) year lease expiring February 2025 with no further options and returning approx. $37,080 per annum net, this asset allows for flexibility of use in the future…whether it be for retail, commercial, allied health (STCA) or back to a traditional shop and dwelling! 

The property is well positioned near the corner of Malvern Road and Illowa Street, within metres from Darling train station, and just minutes to the M1 Monash Freeway, Dandenong Road and other major arterial roads.  

Features:

- Building area: 177 m2 (approx.)
- Refurbished and flexible layout over two levels
- Currently returning $37,080 per annum net (lease expires Feb. 2025)
- Well serviced by public transport and major arterial roads
- Commercial 1 zoning
- Suitable for variety of uses, including retail, commercial and allied health / medical (STCA)

Please contact the exclusive sales and marketing agent for further information.