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7/1488 Ferntree Gully Road
Knoxfield VIC 3180
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Sold on 19 Apr 2024

7/1488 Ferntree Gully Road Knoxfield VIC 3180

  • Showrooms / Bulky Goods
  • 284 m²
  • Sold

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

    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.

    AUCTION

    Auction date and time19/04/2024 13:00
    Auction location7/1488 Ferntree Gully Road, Knoxfield VIC
    Jones Real Estate
    Jones Real Estate
    Level 8, 1 Elizabeth Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold19 Apr 2024
    Floor Area284 m²
    Land AreaAsk Agent
    Parking5 x Onsite parkings
    Property ID2019143009
    Category
    Last updated  19 Apr 2024
    Map for 7/1488 Ferntree Gully Road Knoxfield VIC 3180
    Jones Real Estate
    Jones Real Estate
    Level 8, 1 Elizabeth Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold19 Apr 2024
    Floor Area284 m²
    Land AreaAsk Agent
    Parking5 x Onsite parkings
    Property ID2019143009
    Category
    Last updated  19 Apr 2024

    Co-Agents

    More about 7/1488 Ferntree Gully Road Knoxfield VIC 3180

    7/1488 Ferntree Gully Road Knoxfield VIC 3180 is categorized as Showroom & Bulky Goods Property. It has a floor area of 284 m². There are 5 x onsite parkings.The listing ID for this property is 2019143009.

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