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2 Renou Road Wantirna South, VIC 3152

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2 Renou Road,
Wantirna South, VIC 3152

Medical & Consulting • Shops & Retail • Offices

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METRO MELBOURNE MEDICAL INVESTMENT

  • New 10+5+5 year lease
  • 3 tiers of lease security
  • 30 years of operation
2 RENOU ROAD, WANTIRNA SOUTH

- Outstanding dental clinic investment in continuous operation for nearly 30 years, fully renovated and modernised in 2011

- Prominent standalone purpose built dental clinic with outstanding Burwood Highway exposure providing future development potential (STCA)

- Returning $68,250 pa* + outgoings + GST complemented by 3% fixed annual rental increases providing exciting income growth prospects

- Three tiers of lease security -
- Cash security deposit;
- Bank Guarantee; and
- Directors' Guarantees

- Irreplaceable multi-frontage land holding of 797sqm*, with dominant exposure to the corner of Renou Road & Burwood Highway

- Highly desirable location, close to public transport, Knox Grammar School and outstanding access to Eastlink providing direct link to the Melbourne CBD (23KM*)

- A stone's throw to Westfield Knox City Shopping Centre providing a range of world class retailers including Myer, Coles, Kmart, Target, Village Cinemas as well as cafes and restaurants

For Sale via Public on-site Auction on Wednesday 5th October at 12:30pm.

Josh Twelftree
+61 452 524 985

Sandro Peluso
+61 418 389 757

*approx

Property ID: 502100790Last Updated: 31 May 2021

04170657...
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2 Renou Road
Wantirna South, VIC 3152
CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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