760-770 Stud Road & 1391 Ferntree Gully Road,
Scoresby, VIC 3179
Shops & Retail • Showrooms & Large Format Retail
Key property information
Land area
Floor area
Tenure type
Sold on
Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
760-770 Stud Road & 1391 Ferntree Gully Road
Scoresby, VIC 3179
Map of 760-770 Stud Road & 1391 Ferntree Gully Road
Trophy Corner LFR Investment - Fully Leased to 3 High-Performing Tenants
- 100% leased with strong income profile
- Prime 2,932 sqm* corner site
- Landlord-favourable leases
Gross Waddell ICR is pleased to offer this trophy large format retail (LFR) investment located at 760-770 Stud Road and 1391 Ferntree Gully Road, Scoresby. Occupying an ultra-prime corner position, this LFR centre is surrounded by Australia’s biggest brands and benefits from over 40,000^ cars passing daily.
The property has the following investment highlights:
• 100% leased to a quality tenancy mix anchored by Beacon Lighting
• Beacon Lighting: Market-leading lighting retailer, part of Beacon Lighting Group Ltd (ASX: BLX), with a market cap of $717.98 million
• Landlord-favourable net lease, with land tax recoverable from two tenancies
• High-exposure 2,932 sqm* corner site landholding with a total frontage of 104 m*
• Quality 1,091 sqm* centre with 56 car parks on-title and a flexible Commercial 1 Zoning (C1Z)
• Positioned perfectly in Scoresby’s absolute commercial centre, this property benefits from being next to Woolworths and metres from Bunnings Warehouse, Aldi, Hungry Jack's, McDonald’s, Amart and many more
• The property services a strong local catchment encompassing the City of Knox, a booming growth corridor with the population forecast to grow 15.36% by 2046 (forecast.id)
For further information or to organise an inspection, please contact the team at Gross Waddell ICR directly.
^VicRoads
*Approx.
The property has the following investment highlights:
• 100% leased to a quality tenancy mix anchored by Beacon Lighting
• Beacon Lighting: Market-leading lighting retailer, part of Beacon Lighting Group Ltd (ASX: BLX), with a market cap of $717.98 million
• Landlord-favourable net lease, with land tax recoverable from two tenancies
• High-exposure 2,932 sqm* corner site landholding with a total frontage of 104 m*
• Quality 1,091 sqm* centre with 56 car parks on-title and a flexible Commercial 1 Zoning (C1Z)
• Positioned perfectly in Scoresby’s absolute commercial centre, this property benefits from being next to Woolworths and metres from Bunnings Warehouse, Aldi, Hungry Jack's, McDonald’s, Amart and many more
• The property services a strong local catchment encompassing the City of Knox, a booming growth corridor with the population forecast to grow 15.36% by 2046 (forecast.id)
For further information or to organise an inspection, please contact the team at Gross Waddell ICR directly.
^VicRoads
*Approx.
Scoresby, 3179 demographic data
6,066
Population
$1,965 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from Gross Waddell ICR - Commercial
Other properties you might be interested in based on the location and property type you are looking at.
