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Jones Real Estate - Australia

7/1488 Ferntree Gully Road Knoxfield, VIC 3180

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7/1488 Ferntree Gully Road,
Knoxfield, VIC 3180

Showrooms & Large Format Retail • Shops & Retail • Warehouse, Factory & Industrial

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Jones Real Estate - Australia
Dan Hannebery
Paul Jones

Jones Real Estate - Australia

Level 8, 1 Elizabeth Street
MELBOURNE, VIC 3000
Jones Real Estate - Australia
7/1488 Ferntree Gully Road
Knoxfield, VIC 3180

Map of 7/1488 Ferntree Gully Road

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HIGH PROFILE SET & FORGET INVESTMENT OPPORTUNITY IN BLUE CHIP ACTIVITY CENTRE PRECINCT!

  • RETURNING $64,714.90 P.A + GST & OUTS
  • 5 YEAR LEASE TERM + OPTIONS!
  • HIGH PROFILE DESTINATION LOCATION
Jones Real Estate is pleased to present Building 7, 1488 Ferntree Gully Road to the market For Sale via Public On-Site Auction on Friday 19th April 2024 at 1pm.

This prime investment opportunity is underpinned by its positioning within Knoxfield's tightly held retail & industrial activity precinct and is securely leased to 'Melbourne Renovations Pty Ltd' for 5 years, presently returning $64,714.90 per annum plus GST & Outgoings.

Located on Ferntree Gully Road with convenient access to Stud Road, adjoining major national retailers such as McDonald's, Decathlon, Amart Furniture, RSEA Safety, Bunnings Warehouse + more, ensuring business viability for the long term.

Key investment highlights include:

- High quality modern building of 284sqm* total building area, offering air-conditioned office space, male & female bathroom amenity, impressive showroom, and high clearance warehousing with rear loading capabilities.

- Securely leased to an established business, 'Melbourne Renovations Pty Ltd', on a five (5) year initial term and is presently returning $64,714.90 per annum plus GST & Outgoings with two (2) further terms of five (5) years until 2037.

- Positioned within Melbourne's eastern activity centre and providing exceptional accessibility to major arterials including Ferntree Gully Road, Stud Road, Wellington Road, Eastlink, Dandenong Valley Hwy, Burwood Hwy and Monash Freeway.

- Boasting 11.5m* of high profile main road frontage to Ferntree Gully Road and adjoining internationally and nationally recognised occupiers such as McDonald's, Bunnings Warehouse, Decathlon, RSEA Safety, Amart Furniture and a litany of others.

- Conveniently equipped with five (5) on-site car parks.

- Property is zoned Industrial 1 – IN1Z.

*Approx.

For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.


Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.

Property ID: 504552880Last Updated: 19 Apr 2024

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