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87 & 88, 1470 Ferntree Gully Road, Knoxfield, Vic 3180

87 & 88, 1470 Ferntree Gully Road, Knoxfield, Vic 3180

Offices Industrial/Warehouse Showrooms/Bulky Goods

  • Sold Contact Agent

  • Floor Area
  • 626 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Jan 17, 2020
  • Car Spaces
  • 4
  • Parking Comments
  • Allocated on grade parking
  • Zoning
  • Industrial 1

Additional Details


Interested in this property? Contact an Agent today

Crabtrees Real Estate - OAKLEIGH

20-22 Atherton Road

Oakleigh Vic 3166

INVESTMENT WITH STRENGTH!

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

87 & 88, 1470 Ferntree Gully Road, Knoxfield, Vic 3180

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