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1381-1387 Ferntree Gully Road
Scoresby VIC 3179
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Sold on 8 Aug 2018

1381-1387 Ferntree Gully Road Scoresby VIC 3179

  • Shop & Retail
  • 6,977 m²
  • Sold

EASTERN METROPOLITAN WOOLWORTHS SUPERMARKET AND BWS LIQUOR + 2 COMPLEMENTARY SHOPS

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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

Property Highlights

Date Sold8 Aug 2018
Floor Area6,977 m²
Land Area6,977 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017231688
Category
Last updated  2 Dec 2021
Map for 1381-1387 Ferntree Gully Road Scoresby VIC 3179

Property Highlights

Date Sold8 Aug 2018
Floor Area6,977 m²
Land Area6,977 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017231688
Category
Last updated  2 Dec 2021
Level 34, 8 Exhibition Street Melbourne VIC 3000

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