3/680 Boronia Road,
Wantirna, VIC 3152
Key property information
Map of 3/680 Boronia Road
Entry Level Retail Investment With Subway Tenant Since 2005
Ray White Commercial Ferntree Gully is delighted to present For Sale, this retail food outlet tenanted by National Franchise Subway is located in a thriving convenience food centre directly opposite Knox Private Hospital and moments from Eastlink.
Tenanted by a "Subway" since 2005 and returning $32,351 per annum plus GST and outgoings.
The lease was renewed for a further 10 years from 2015 and enjoys annual rental increases of 3.5%.
Situated opposite Knox Private Hospital at the intersection of busy Mountain Highway, Wantirna Road and Boronia Road, the centre enjoys maximum exposure.
Plenty of off street parking is available enabling passing traffic to easily access the location.
Property Features Include:-
- Building Area 85sqm*
- Net Rent: $32,351 Per Annum Plus GST and Outgoings
- 10 Year lease from 2015
- 3.5% Annual Increases
- Subway in occupation since 2005
- Off Street Parking
- Moments from Eastlink
- Commercial Zone 1 (C1Z)
To arrange an inspection or for further information, please call Mitch Rosam or Paul Waterhouse.
Property ID: 503478806Last Updated: 21 May 2020
FERNTREE GULLY, VIC 3156View agency profile