Ray White Commercial Ferntree Gully is delighted to present For Sale by way of public auction, this exceptional retail property located on busy High Street Cranbourne, directly opposite Cranbourne Park Shopping Centre.
Total building area is 140 sqm *. Currently tenanted returning $47,370.60 per annum plus GST and Outgoings on a ten (10) year lease that commenced on the 1st of March 2021 with further options.
The property includes a large open restaurant and kitchen area as well as a separate storage and food preparation space.
The corner location offers premiere exposure to High Street as well as Lyall Road. Set in the centre of Cranbourne's retail and catering precinct, the location offers significant passing trade. Plenty of parking is available in the public car park at the rear of the property.
Cranbourne station is a few minutes away and bus services run down both High Street and Lyall Road, making this a very accessible location.
• Total Building Area 140 sqm *
• Tenanted Investment
• Rent - $47,370.60 per annum plus GST & Outgoings
• 10 Year Term Commenced 01/03/2021
• Further Terms
• Security System
• Large Shop Front
• Toilet Facilities
• Corner Location
• Rear Access
• Opposite Cranbourne Park Shopping Centre
• Commercial 1 Zone (C1Z)
*Approximately