3 / 1 ALPINE STREET, Ferntree Gully, VIC 3156

Retail | Offices

Sold

  • Property ID: 436554
  • Floor Area: 79m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 17/01/2024 79m2 N/A Contact Agent
EXCELLENT ENTRY LEVEL RETAIL INVESTMENT

Appleby Commercial is pleased to offer 3/1 Alpine Street, Ferntree Gully to the market for sale.
Well located within the heart of a local shopping precinct just 200 metres from the Ferntree Gully Station, this retail shop offers a unique opportunity for investors seeking to enter the commercial market or looking to add to their portfolio.
The 79 square metre shop is currently tenanted and operating as a gift shop with a 2 x 2 year lease agreement in place.
Appleby Commercial recommends all investors to seriously consider the opportunity this property has to offer.

PROPERTY ATTRIBUTES
+ Building area: 79m2
+ Close to public transport
+ Self contained
+ Car parking available
+ Leased shop

LEASE DETAILS
+ Lease commenced: 1/3/2022
+ Lease term: 2 years
+ Further option: 2 years
+ Current rental: $15,315.48 P.A. plus outgoings

For further information or to organise an inspection, please contact Appleby Commercial on (03) 8727 9555.

Additional Information
Features
  • Availability: Now
  • Lease Term: 2 years (2 year option)
  • Rent Review: Annually
  • Condition: Good
  • Floors: Carpet
  • Car Parking Fees: No
Outgoings
  • Water Rates: Tenant pays
  • Council Rates: Tenant pays
  • Owners Corp. / Insurance: Tenant pays
Ferntree Gully Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $243 ---
Industrial $2250 $189 8.41%
Offices --- $228 ---
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 Retail 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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