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402 Ferntree Gully Road
Notting Hill VIC 3168
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Sold on 18 Oct 2024

402 Ferntree Gully Road Notting Hill VIC 3168

  • Shop & Retail
  • 75 m²
  • Sold

"Catch the Excitement!" Corner Freehold Investment With Potential Value To Add!

    The Property
    * 107 sqm land with 75 sqm building
    * Large 13 Meter frontage to Blackburn Road
    * Additional signage rent may be achievable (STCA)
    * Rear laneway access and parking for 2 cars
    * Kitchenette & WC at the rear of the premise
    * History of low vacancy

    The Tenancy
    * $25,750 per annum net
    * Tenant pays all outgoings
    * Current term 01/06/2023 to 31/05/2025
    * Further terms of 2 + 2 + 2 years
    * Fixed 3% annual increases with no market review
    * Tenant invested in the fitout

    Location & Further Information
    * Corner location with high traffic exposure to Ferntree Gully Road and Blackburn Road
    * Located opposite Ampol service station
    * Close proximity to Monash Freeway

    This property was listed with Modo's FREE Marketing Package featuring a virtual tour, photos, floor plan, online listings, and more.

    Modo Property (VIC)
    Modo Property (VIC)
    Suite 6, 609 Canterbury Road
    Surrey Hills, VIC 3127

    Property Highlights

    Date Sold18 Oct 2024
    Floor Area75 m²
    Land Area107 m²
    Parking2 x Onsite parkings
    Property ID2019501991
    Category
    Last updated  28 Oct 2024
    Map for 402 Ferntree Gully Road Notting Hill VIC 3168
    Modo Property (VIC)
    Modo Property (VIC)
    Suite 6, 609 Canterbury Road
    Surrey Hills, VIC 3127

    Property Highlights

    Date Sold18 Oct 2024
    Floor Area75 m²
    Land Area107 m²
    Parking2 x Onsite parkings
    Property ID2019501991
    Category
    Last updated  28 Oct 2024

    Listed by

    More about 402 Ferntree Gully Road Notting Hill VIC 3168

    402 Ferntree Gully Road Notting Hill VIC 3168 is categorized as Shop & Retail Property. It has a floor area of 75 m² and a land area of 107 m². There are 2 x onsite parkings.The listing ID for this property is 2019501991.

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