718 BURWOOD HIGHWAY
FERNTREE GULLY
I’m a ‘barking’ good investment.
Established Vet Clinic with brand new 8 year lease
LET ME INTRODUCE MYSELF.
Aston are pleased to present 718 Burwood Highway, Ferntree Gully for sale by Expressions of Interest. Leased to one of the areas longest standing vet clinics in Mountain Gate Veterinary Clinic, the property sits prominently on Burwood Highway nestled in and amongst a vast array of national retailers and major brands. Mountain Gate Veterinary Clinic have shown their commitment to the location by signing a brand new 8 year lease which commenced on 1st May 2024, as well as undertaking a significant refurbishment of the property internally. This investment opportunity is certain to provide you a healthy return for years to come and is the perfect ‘set and forget’ asset for your portfolio.
FERNTREE GULLY
Mountain Gate Veterinary Clinic are an expert Veterinary team and have been providing quality, compassionate practical veterinary care in the Ferntree Gully area since 1993. All services are provided on-site including vaccinations, desexings, pathology, hospitalisations, dentistry, x-rays and microchipping. Having been in occupation of the property since 1993, Mountain Gate Veterinary Clinic have committed to the location for a further 8 years and have undertaken a significant refurbishment of the internal improvements.
https://mountaingatevet.com.au/
TENANT BUSINESS NAME Mountain Gate Veterinary Clinic
ANNUAL RENTAL
$105,000 + GST + Outgoings
LEASE TERM Eight (8) years
COMMENCEMENT 1st May 2024
OPTIONS 4 x 5 year
RENT REVIEWS 4% annual increases
SECURITY DEPOSIT Six (6) months rent with directors guarantee
4.7 STAR GOOGLE RATING (221 Google reviews)
*approx
I’m committed.
Brand new 8 year lease.
Ferntree Gully 3156
Ferntree Gully is a notable commercial hub within Melbourne’s thriving eastern suburbs. The area boasts a diverse range of retail options, from large shopping centres to boutique stores. The central commercial district is anchored by the Westfield Knox Shopping Centre, a significant drawcard for both local residents and visitors. Knox offers a comprehensive mix of national retailers, dining options, and entertainment facilities, making it a key player in the local economy. In addition to its retail offerings, Ferntree Gully has developed a reputation for its vibrant business community. The surrounding commercial precincts are home to various service-oriented businesses, professional offices, and light industrial operations. The accessibility of major roadways, including the Burwood Highway and the EastLink freeway, enhances the area’s appeal as a business location by facilitating efficient transport and connectivity.
FERNTREE GULLY
Knox City Council
Median house price:
$904,750
Source: realestate.com.au August 2023 - July 2024 27,873
$1,802
5,314
I get so excited when I see my neighbours.
I’m fresh. Recently refurbished.
The property is outlined on the certificate of title as follows. Volume 10122, Folio 806
BUILDING DETAILS
718 Burwood Highway, Ferntree Gully presents as a single level brick building that has been custom fit as a veterinary clinic.
The property provides 7m* frontage to Burwood Highway and has recently undergone an extensive internal refurbishment.
The Commercial 2 Zoning allows for a vast array of future uses.
BUILDING AREA
180 m2*
CAR PARKING
Ample common car parking at rear
ANNUAL RENTAL
$105,000
+ GST + Outgoings
commencement 1st May 2024
ZONING
Commercial 2
Zoning (C2Z)
*approx
Floor Plan
BUILDING AREA
180 m2*
WHEN & HOW?
DISCLAIMER
“Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom.
*Approximate