402 Ferntree Gully Road,
Notting Hill, VIC 3168

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"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

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Property ID: 504691840Last Updated: 28 Oct 2024

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