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Retail

3A/881-887 Burwood Highway Ferntree Gully, VIC 3156

Sold on 27 Jul 2015
  • Building: 504m²
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Retail in Ferntree Gully

Long standing ASX listed commercial investment

  • Building: 504m²

This commercial investment enjoys the security of a long standing ASX listed tenant being Burson Automotive which has a new lease term of 5 years commencing 1st March 2015. The Burwood Highway investment comprises a retail showroom and warehouse.

For sale by Public Auction being held on Saturday July 25th at 1pm onsite.

The property represents a retail passive investment featuring:

. Long term ASX listed national tenant - Burson Automotive
. 5 year lease commencing 1st March 2015
. Rent $68,040 + GST and outgoings
. Building area 504sqm*
. Annual increase CPI
. Zoned Part (B4Z) and Part (R1Z)
. Dual access

Open for Inspection:

Saturday 11.30 - 12.30pm

For further information:

Paul Waterhouse 0417 660 153
Jay Close 0412 469 943

*Approximately

Building:

504m²

Categories:

Retail, Showrooms/Bulky Goods, Industrial/Warehouse

3A/881-887 Burwood Highway, Ferntree Gully, VIC 3156