Shop 38 Mountain Gate Shopping Centre,
Ferntree Gully, VIC 3156

Ray White Commercial Ferntree Gully is delighted to offer for sale by way of public auction on Thursday 26th July 2018 at 1:00pm Onsite, Under instructions from the Estate Executors this outstanding First Time Ever To The Market Freehold Investment with a National Tenant.

The Tenant Toyworld has occupied the property for in excess of 30 years proving the strength of the investment.

Flanked by Westpac Bank, Bank Of Melbourne, Bakers Delight and Post Office with Coles Directly opposite.

Embracing a net internal area of approximately 154sqm*.
Built by the current owners and held for in excess of fifty years..
Retail Property is rarely available for sale in this strip.

Exceptionally well located at the foothills of the Dandenong Ranges Mountain Gate Shopping Centre is a busy, bustling hub offering a plethora of supermarket, retail, cafe and service industry options.

Property Features Include:-

- Long Term National Tenant
- Long Lease Continuing
- First Time Ever To The Market
- Held for in excess of 50 years
- Current Net Rent Per Annum: $34,800
- Building Area: 154sqm*
- Freehold/No Owners Corp Fees
- High Passing Trade Locale
- Excellent Customer Parking
- Commercial 1 Zone

To arrange an inspection or for further information, please call Paul Waterhouse or Mitch Rosam.

* Approximate