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324 Wantirna Road Wantirna, VIC 3152

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324 Wantirna Road,
Wantirna, VIC 3152

Shops & Retail • Offices • Medical & Consulting

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HUNGRY FOR AN INVESTMENT?

GormanKelly is pleased to offer 324 Wantirna Road, Wantirna, for sale by auction on Wednesday 25th November at 12pm onsite.

This is a rare opportunity to purchase a contemporary single storey restaurant/function centre with 50 onsite car spaces.

We believe the most outstanding aspects of this property include:

- Restaurant and large outdoor dining area offered with vacant possession;
- Stand-alone restaurant/function centre;
- Onsite car spaces for 50 cars;
- Building area 333m² plus outdoor dining area of 86m²;
- Land area 3,133m² / Zoned Residential 1;
- Potential return of approximately $110,000 net p.a. plus GST and outgoings;
- Suitable for Investors with future potential to develop (STCA);
- Modern restaurant with kitchen and bar fitout;
- Communication Tower rental for 10 years currently returning $29,747 p.a. net plus GST.

Situated on the western side of Wantirna Road just south of the intersection with Boronia Road and is located approximately 33km east of the Melbourne CBD within the municipality of the Knox City Council. The property is located within close proximity to Eastlink, Knox Private Hospital, Knox City Shopping Centre.

Regular bus services operate outside the property on Wantirna Road and there is a well established demographic in the local area. The property enjoys fantastic exposure and great access from Eastlink, Canterbury Road and Mountain Highway. Located a 5 minute drive from central Ringwood.

Property ID: 501734986Last Updated: 18 Jan 2016

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324 Wantirna Road
Wantirna, VIC 3152
GormanKelly - Hawthorn
1 Oxley Road
HAWTHORN, VIC 3122

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