Appleby Commercial is pleased to offer 83 Glenfern Road, Ferntree Gully to the market for SALE or LEASE. This versatile property incorporates a double fronted retail space, large land component and a substantial double storey 5-bedroom residence to the rear.
Previously operating as a convenience store, the retail space benefits from a high-profile position with high volume passing traffic. The residence comprises a separate living space, kitchen overlooking meals area, 5 bedrooms all with built in robes and ensuite, private rear yard and lock up garage. An internal door provides direct access to the shop floor. The retail space and residence are offered for lease together.
The property is located within a popular neighbourhood shopping strip of 7 retail shops along Glenfern Road which is currently fully occupied and offers easy access to Burwood Highway and Ferntree Gully and Upper Ferntree Gully Stations.
Ideal for the astute owner-occupier to establish their business and live in the residence OR alternatively the investor/developer to LEASE the shop and house with potential redevelopment (STCA) in the future. Properties of this calibre hitting the market are far and few between and Appleby recommends all buyer groups to seriously consider the opportunities this property has to offer.
PROPERTY ATTRIBUTES:
Land Area: 486 sqm approx.
Total Building Area: 353sqm approx.
Retail Area: 145sqm approx.
Zoning: Commercial 1
Prominent Position
Rear Laneway Access
Private Rear Yard
Lock Up Garage & Street Parking
Development Potential (STCA)
Freehold – No Owners Corporation
SHOP and RESIDENCE AVAILABLE FOR LEASE
Will suit many uses (STCA)
Don’t miss this great opportunity, for further information or to arrange an inspection for SALE OR LEASE please contact John Katselas on 0411 110 997.