87 & 88/1470 Ferntree Gully Road Knoxfield VIC 3180

SECURE LONG TERM LEASE TO JETTS FITNESS

OPEN FOR INSPECTION: WEDNESDAY 1 - 1.30pm

Located within the popular Industria Knoxfield and with neighbours including McDonalds, Bunnings and Decathlon, now is the time to secure an exceptional long term investment!

Investment Features:

+ 10 year lease which commenced on 10th January 2019

+ Two further terms of 5 years each

+ Currently returning $120,000 per annum net

+ Annual increases to 3.5% plus bank guarantee and personal guarantee security

Property Features:

+ Two adjoining buildings combined into a total space of 626sqm

+ Ground floor open plan gym of 500sqm plus first floor office of 126sqm with amenities, ducted AC and suspended ceiling throughout

+ Glazed facades allowing for natural light into ground floor and first office spaces

+ 8 car spaces on title in total and brilliant exposure to Ferntree Gully Road

+ Quality secure complex with automatic gates, on site cafe and large open air carpark to the front of the site

AUCTION - WEDNESDAY 27TH NOVEMBER 2019 AT 12pm ON-SITE

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!