Ferntree Gully
45/1880 Ferntree Gully Road,
Ferntree Gully, VIC 3156
Retail
Price Information
Private Sale
$910,000
Key property information
Floor Area: 112m²
Land Area: 186m²
Yield: 4.69%
PRIME INVESTMENT OPPORTUNITY: RETAIL SPACE IN THRIVING MOUNTAIN GATE SHOPPING CENTRE
Appleby Commercial is pleased to offer Shop 45, 1880 Ferntree Gully Road, Ferntree Gully to the market for private sale. Located in the bustling Mountain Gate Shopping Centre in Ferntree Gully, this 111.5 square metre retail building on a 186 square metre parcel of land is a golden opportunity for savvy investors.Key Features
- Established Tenant: Currently leased and operating as a Takeaway Fish and Chip Shop, ensuring consistent rental income.
- Generous Land Size: Situated on a 186 square metre lot, the property offers additional value with private rear parking and convenient rear access, perfect for staff or deliveries.
- Prime Location: Strategically positioned along Ferntree Gully Road, near the busy intersection of Burwood Highway, offering unmatched exposure to high volumes of passing traffic.
- Thriving Hub: Mountain Gate Shopping Centre is a vibrant retail destination anchored by major tenants like Coles and Australia Post, and supported by a diverse mix of quality businesses including cafes, restaurants, health and wellness, and beauty services.
- Community Appeal: The shopping centre’s long-standing reputation and diverse offerings attract a steady flow of loyal customers, making it a hotspot for retail success.
- Tenant: Fish Bites Ferntree Gully
- Rental: $42,706.44 P/A + GST & OG’s
- Lease Term: 5 Years
- Lease Commencement: 06/06/2021
- Further Option: 1 x 5 Years
- Increases: Annual CPI & Market Review at the end of each term
This property combines the stability of a leased investment with the growth potential of a well-established shopping precinct. The additional land size and private parking add flexibility and appeal, making it a standout asset in a high-demand area. Whether you're expanding your portfolio or seeking a reliable investment, this is your chance to secure a foothold in one of Ferntree Gully’s most sought-after locations.
Contact Appleby Commercial today to learn more on (03) 8727 9555.