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1021 Burwood Highway
Ferntree Gully VIC 3156
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Sold on 17 Dec 2020

1021 Burwood Highway Ferntree Gully VIC 3156

  • Shop & Retail
  • 550 m²
  • Sold

NATIONAL BRAND INVESTMENT OFFERED WITH 'BRAND NEW' 10 YEAR LEASE

    + Landlord favoured net lease to the highly established Magic Hand Car Wash 'Head Office' (26 years in operation with 21 stores nationally)

    + Providing net annual income of $141,390* through a 10 year lease with CPI annual rental increases

    + Positioned on a well exposed corner landholding of 1,617sqm* with frontage to Burwood Highway & Station Street providing easy customer entry and exit

    + Substantial property improvements include a specialised hand car wash facility coupled with an operational café & diner for customer convenience and additional income

    + Strategically located along the heavily trafficked Burwood Highway, an unmissable location for commuters and a major advantage for the tenant

    For sale via public auction on Thursday 17th December from 10:30AM (AEDT), to be held at "CreativeCubes.Co Hawthorn" located at 10 Oxley Road, Hawthorn

    For more information please contact any of the sale and marketing agents below:

    Scott Hawthorne
    +61 400 861 048

    Jing Jun Heng
    +61 411 059 116

    David Minty
    +61 422 564 199

    Scott Orchard
    +61 425 760 712

    *Approx

    Property Highlights

    Date Sold17 Dec 2020
    Floor Area550 m²
    Land Area1,617 m²
    ParkingOn site parking available
    Building TypePartial building
    Property ID2017232134
    Category
    Last updated  3 Sep 2021
    Map for 1021 Burwood Highway Ferntree Gully VIC 3156

    Property Highlights

    Date Sold17 Dec 2020
    Floor Area550 m²
    Land Area1,617 m²
    ParkingOn site parking available
    Building TypePartial building
    Property ID2017232134
    Category
    Last updated  3 Sep 2021
    Level 34, 8 Exhibition Street Melbourne VIC 3000

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