Knoxfield

QUALITY SHOP IN FANTASTIC LOCATION

Appleby Commercial is pleased to offer 1585 Ferntree Gully Road, Knoxfield to the market for private sale.

This well-located shop for sale is a great investment for many reasons. The shop size is 95 square metres and the total land size is 174 square metres. The shop is located within a vibrant shopping strip along Ferntree Gully Road in Knoxfield.  The shop has excellent natural light. The tenant has renewed their lease for an additional five years at a rental of $38,000.04 per annum plus GST plus outgoings.

LEASE DETAILS
Tenant: Andrews Legal Group Pty Ltd
Rental: $32,149.08 per annum plus GST plus outgoings
Rental: $38,000.04 per annum plus GST plus outgoings to commence from the 1/7/2025
Lease term: 5 years
Lease option: 5 years - Has been taken up by the tenant
Lease commencement: 1/7/2020

PROPERTY ATTRIBUTES
Building size: 95 square metres
Land size: 174 square metres
Ample customer parking
Light filled shop
Commercial 1 zone
Ample car parking
Next to IGA supermarket
Rear yard area
Air conditioning

For further information or to organise an inspection, please contact Appleby Commercial on (03) 8727 9555.