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760-770 Stud Road & 1391 Ferntree Gully Road, Scoresby, VIC, 3179

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760-770 Stud Road & 1391 Ferntree Gully Road, Scoresby, VIC, 3179

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760-770 Stud Road & 1391 Ferntree Gully Road, Scoresby, VIC, 3179

Scoresby

SOLD
760-770 Stud Road & 1391 Ferntree Gully Road, Scoresby, VIC, 3179

760-770 Stud Road & 1391 Ferntree Gully Road, Scoresby, VIC, 3179

Properties / Sold / Victoria / Scoresby
Tenanted Investment
Selling Method
Sale by Negotiation
Selling Details
Contact Agent
Land Area
2,932 m² (*approx)
Floor Area
1091 m² (*approx)
Property Type
Retail
Sub-type
Strip Retail, Large Format, Mixed Use
Show All
Trophy Corner LFR Investment - Fully Leased to 3 High-Performing Tenants
  • 100% leased with strong income profile
  • Prime 2,932 sqm* corner site
  • Landlord-favourable leases

Gross Waddell ICR is pleased to offer this trophy large format retail (LFR) investment located at 760-770 Stud Road and 1391 Ferntree Gully Road, Scoresby. Occupying an ultra-prime corner position, this LFR centre is surrounded by Australia’s biggest brands and benefits from over 40,000^ cars passing daily.

The property has the following investment highlights:

• 100% leased to a quality tenancy mix anchored by Beacon Lighting

• Beacon Lighting: Market-leading lighting retailer, part of Beacon Lighting Group Ltd (ASX: BLX), with a market cap of $717.98 million

• Landlord-favourable net lease, with land tax recoverable from two tenancies

• High-exposure 2,932 sqm* corner site landholding with a total frontage of 104 m*

• Quality 1,091 sqm* centre with 56 car parks on-title and a flexible Commercial 1 Zoning (C1Z)

• Positioned perfectly in Scoresby’s absolute commercial centre, this property benefits from being next to Woolworths and metres from Bunnings Warehouse, Aldi, Hungry Jack's, McDonald’s, Amart and many more

• The property services a strong local catchment encompassing the City of Knox, a booming growth corridor with the population forecast to grow 15.36% by 2046 (forecast.id)

For further information or to organise an inspection, please contact the team at Gross Waddell ICR directly.

^VicRoads

*Approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

760-770 Stud Road & 1391 Ferntree Gully Road Investment Summary

Property Type
Retail
Sub-type
Strip Retail, Large Format, Mixed Use
Land Area
2,932 m² (*approx)
Floor Area
1091 m² (*approx)
Selling Method
Sale by Negotiation
Selling Details
Contact Agent

Investment Highlights

Trophy Corner LFR Investment - Fully Leased to 3 High-Performing Tenants
  • 100% leased with strong income profile
  • Prime 2,932 sqm* corner site
  • Landlord-favourable leases

Gross Waddell ICR is pleased to offer this trophy large format retail (LFR) investment located at 760-770 Stud Road and 1391 Ferntree Gully Road, Scoresby. Occupying an ultra-prime corner position, this LFR centre is surrounded by Australia’s biggest brands and benefits from over 40,000^ cars passing daily.

The property has the following investment highlights:

• 100% leased to a quality tenancy mix anchored by Beacon Lighting

• Beacon Lighting: Market-leading lighting retailer, part of Beacon Lighting Group Ltd (ASX: BLX), with a market cap of $717.98 million

• Landlord-favourable net lease, with land tax recoverable from two tenancies

• High-exposure 2,932 sqm* corner site landholding with a total frontage of 104 m*

• Quality 1,091 sqm* centre with 56 car parks on-title and a flexible Commercial 1 Zoning (C1Z)

• Positioned perfectly in Scoresby’s absolute commercial centre, this property benefits from being next to Woolworths and metres from Bunnings Warehouse, Aldi, Hungry Jack's, McDonald’s, Amart and many more

• The property services a strong local catchment encompassing the City of Knox, a booming growth corridor with the population forecast to grow 15.36% by 2046 (forecast.id)

For further information or to organise an inspection, please contact the team at Gross Waddell ICR directly.

^VicRoads

*Approx.

Remember to mention you found this property on CommercialReady

Read More

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760-770 Stud Road & 1391 Ferntree Gully Road, Scoresby, VIC, 3179

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Property Location of 760-770 Stud Road & 1391 Ferntree Gully Road, Scoresby, VIC, 3179

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760-770 Stud Road & 1391 Ferntree Gully Road, Scoresby, VIC, 3179 Scoresby
Gross Waddell ICR
Gross Waddell ICR
Level 1, 30 Collins Street Melbourne VIC 3000
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