AUCTION
344 - 346 FERNTREE GULLY ROAD, NOTTING HILL
TUESDAY 6TH JUNE 2023 AT 12PM
344 - 346 FERNTREE GULLY ROAD, NOTTING HILL
PUBLIC AUCTION: TUESDAY 6TH JUNE 2023 AT 12PM
POINT OF INTEREST:
A significant freehold property with exposure like no other. Split into eight tenancies with a multiple income streams and strategically positioned with 41 metres* of profile frontage.
On offer are two double storey commercial office buildings on two titles divided into 8 separate suites, with amenities including kitchenettes, bathroom facilities, heating and cooling along with a total 39 parking spaces. With immediate and steady income, there is also the added opportunity for hungry investors to value add and upgrade the improvements to allow for an uplift in future rental returns.
• Two double storey commercial office buildings comprising 892 sqm*
• Land area of 1,981 sqm*
• Current rental return $163,720.56 p.a*
• Fully leased return of $240,000.00 p.a*
POINT
OF VIEW:
Special Use Zone 6 39 car spaces
41.1 metre frontage
• Two titles
• 850 metre* to to the Monash Freeway and moments to Princes Highway
• 200 metres* to the future Suburban Railway Loop
JOHN NOCKLES 0404 530 393
