Develop, Invest or Occupy Ray White Commercial proudly presents this unique opportunity to Develop, Invest or occupy this prime double block retail property. Set in Upper Ferntree Gully's retail precinct allows new Land owner the opportunity to capitalize on this unique offering. Rear laneway access and street parking at the front provides ease of access into the premises or for future development (STCA). The property will be offered by public auction with settlement terms flexible from 30/60/90 days after Probate has been issued.
- Zoning | Commercial 1 - Land Area | 462m2 approximately - Building Area | 81m2 appr...
KFC FERNTREE GULLY - 10 YEARS TO GO! Set and forget investment opportunity with long term cash flow on the preferred outbound side of Burwood Highway.
Rental: $197,018*pa net
Term: 11 years plus options
Commencement Date: 18th December 2010
Land Area: 1,548sqm*
Within the Hill View shopping complex with neighbouring traders including Aldi, Duncans, National Pharmacies & Pizza Hut
For further details please contact:
GROSS WADDELL PTY LTD
Andrew Greenway 0409 547 626
Raoul Salter 0418 335 432
Agent in conjunction:
Lease Link Property Consultants
Charles Gauci 0413 708 840
Long Established Award Winning Officeworks Recently renewed lease to Officeworks, a wholly owned Wesfarmers Limited subsidiary.
Officeworks Store of the Year Winner last year and ranked in top 10 Victorian stores.
Annual CPI (minimum 3%) plus market reviews.
Refurbished to latest Officeworks corporate standard.
Large 2,096m2* building with generous frontage.
Extensive off street parking.
Substantial income tax saving depreciation.
Strong location supported by Sydneys Furniture, Bunnings, Coles, etc.
Long Established Red Rooster - 5 5 5 Year lease
- Annual CPI increases
- Strategic landmark site
- Dual access with highway exposure to Ferntree Gully Road & Burwood Highway
- Opposite Coles shopping centre
- Substantial 1,880sqm land area
- Modern restaurant with drive thru facility
- Excellent customer parking
- Strong future growth prospects
- Net income $106,995pa
Portfolio Auction #33
From 11am, Wednesday 5th September 2007
River Room, Crown Casino
Near Impossible To Replace * Unit 2 * Approximately 180m² of industrial retail * Zoned Business 4 * In a complex of four (4) industrial units * Longstanding monthly tenant in Ferntree Gully Appliances & Spares * Enjoys excellent frontage to Ferntree Gully Rd