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2 Renou Road
Wantirna South VIC 3152
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Sold on 5 Oct 2016

2 Renou Road Wantirna South VIC 3152

  • Medical / Consulting
  • 163 m²
  • Sold

METRO MELBOURNE MEDICAL INVESTMENT

  • New 10+5+5 year lease
  • 3 tiers of lease security
  • 30 years of operation

2 RENOU ROAD, WANTIRNA SOUTH

- Outstanding dental clinic investment in continuous operation for nearly 30 years, fully renovated and modernised in 2011

- Prominent standalone purpose built dental clinic with outstanding Burwood Highway exposure providing future development potential (STCA)

- Returning $68,250 pa* + outgoings + GST complemented by 3% fixed annual rental increases providing exciting income growth prospects

- Three tiers of lease security -
- Cash security deposit;
- Bank Guarantee; and
- Directors' Guarantees

- Irreplaceable multi-frontage land holding of 797sqm*, with dominant exposure to the corner of Renou Road & Burwood Highway

- Highly desirable location, close to public transport, Knox Grammar School and outstanding access to Eastlink providing direct link to the Melbourne CBD (23KM*)

- A stone's throw to Westfield Knox City Shopping Centre providing a range of world class retailers including Myer, Coles, Kmart, Target, Village Cinemas as well as cafes and restaurants

For Sale via Public on-site Auction on Wednesday 5th October at 12:30pm.

Josh Twelftree
+61 452 524 985

Sandro Peluso
+61 418 389 757

*approx

Property Highlights

Date Sold5 Oct 2016
Floor Area163 m²
Land Area797 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2013043577
Category
Last updated  31 May 2021
Map for 2 Renou Road Wantirna South VIC 3152

Property Highlights

Date Sold5 Oct 2016
Floor Area163 m²
Land Area797 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2013043577
Category
Last updated  31 May 2021

Co-Agents

Josh Twelftree
Josh Twelftree
CBRE
Call
+61 452 524 985
Sandro Peluso
Sandro Peluso
CBRE
Call
+61 418 389 757

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