Strategically located site near the prominent intersection major intersection of Ferntree Gully Road and Stud Road which experiences 40,000* vehicles of traffic daily
Secure lease to Woolworths Limited expiring on 2030 for 20 years with additional options of 10+5+5 years
Median house price of $837,000, an increase of 83% over 5 years, plus massive growth in the surrounding suburbs including Wantirna, Knox City and Wheelers Hill
Substantial land holding of 6,977sqm* being easily accessible and with highly convenient at grade car parking for 269 vehicles* (93 on title*)
93% of income attributed to blue chip tenant Woolworths Limited
Secure Net Income of $673,000 per annum*
*Approx
For further information please contact the exclusive sales and marketing agents at CBRE:
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au