8, 1821 FERNTREE GULLY ROAD, Ferntree Gully, VIC 3156

Industrial

Sold

Sold

  • Property ID: 438417
  • Floor Area: 1279m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Warehouse/Showroom Sold 08/12/2023 1279m2 N/A Contact Agent
QUALITY INVESTMENT OPPORTUNITY - LONG LEASE

Appleby Commercial is pleased to offer 8,1821 Ferntree Gully Road, Ferntree Gully to the market for sale by Expressions of Interest closing 6th December at 2pm.

The property is located with frontage to Ferntree Gully Road in a tightly held commercial location.

The property is currently leased to Boulder Lab Pty Ltd who have occupied the property since 1st July 2019. The current lease runs to 1st July 2029.

Property Features:
+ Building Area: 1279 square metres
+ 2 Roller Doors
+ Good natural light
+ Air Conditioning
+ Flexible Commercial 2 Zoning
+ 26 allocated car spaces
+ Highway pillar signage rights

Lease Details:
+ Lease Commencing 1st July 2019
+ Lease option taken to 1st July 2029
+ Current Rental: $159,865 per annum net
+ Tenant pays outgoings
+ Rent reviews - annual 3% increases

For further information or to arrange an inspection contact Appleby Commercial today!

Additional Information
Features
  • Lease Term: 5 years to 1-7-2029
  • Rent Review: Annual
  • Car Spaces: 26
  • Condition: Good
  • Air Conditioning: Yes
Ferntree Gully Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $367 ---
Retail --- $267 ---
Industrial --- $137 ---
This is the average advertised price, rent and yield for Ferntree Gully, VIC 3156*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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  Appleby Real Estate

 

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Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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