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1021 Burwood Highway, Ferntree Gully, Vic 3156

1021 Burwood Highway, Ferntree Gully, Vic 3156

Retail Land/Development

  • Sold Contact Agent
  • Thu 17-Dec-20

  • Land Area
  • 1617.00 m² (approx)
  • Floor Area
  • 550 m²
  • Tenure Type
  • Vacant Possession
  • Building
  • Partial
  • Last Updated
  • Sep 03, 2021

Interested in this property? Contact an Agent today

CBRE - Melbourne

Level 34, 8 Exhibition Street

Melbourne Vic 3000

Scott Hawthorne, CBRE - Melbourne
Scott Hawthorne

NATIONAL BRAND INVESTMENT OFFERED WITH ‘BRAND NEW’ 10 YEAR LEASE

+ Landlord favoured net lease to the highly established Magic Hand Car Wash ‘Head Office’ (26 years in operation with 21 stores nationally)

+ Providing net annual income of $141,390* through a 10 year lease with CPI annual rental increases

+ Positioned on a well exposed corner landholding of 1,617sqm* with frontage to Burwood Highway & Station Street providing easy customer entry and exit

+ Substantial property improvements include a specialised hand car wash facility coupled with an operational café & diner for customer convenience and additional income

+ Strategically located along the heavily trafficked Burwood Highway, an unmissable location for commuters and a major advantage for the tenant

For sale via public auction on Thursday 17th December from 10:30AM (AEDT), to be held at “CreativeCubes.Co – Hawthorn” located at 10 Oxley Road, Hawthorn

For more information please contact any of the sale and marketing agents below:

Scott Hawthorne
+61 400 861 048

Jing Jun Heng 王敬君
+61 411 059 116

David Minty
+61 422 564 199

Scott Orchard
+61 425 760 712

*Approx

1021 Burwood Highway, Ferntree Gully, Vic 3156

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