Shop 4 Brentford Square Forest Hill VIC 3131

GormanKelly is pleased to offer 4 Brentford Square, Forest Hill for sale via Mortgagee Auction on Friday 11th May @ 12 noon on-site.

The subject property comprises a retail shop of 154sqm approx. located in a prime trading position within the busy Brentford Square local shopping centre anchored by Safeway. We understand that the property has a land area of 172sqm approx and is zoned Business 1 within City of Whitehorse.

The property is to be sold subject to a 3 year lease with options to Pharmasave and is currently returning $38,452.20 net per annum plus GST & O/G's.

We believe that there will be potential for significant rental growth with come the market review due in July 2013.

The retail shop is fully carpeted with amenities at rear and serviced via large central car-park which provides abundance of customer parking along with rear access from Sherman Street.

The subject property enjoys a central trading position within the Brentford Square shopping centre, just south of Canterbury Road in the suburb of Forest Hill.

The tightly held centre is complemented by the presence of a number of national retailers including Safeway, KFC, NAB, Commonwealth Bank, Dan Murphys and Australia Post.