Tenanted Investment In Prime Location

Ray White Commercial Ferntree Gully is delighted to present For Sale by way of public auction, this exceptional retail property located on busy High Street Cranbourne, directly opposite Cranbourne Park Shopping Centre.

Total building area is 140 sqm *. Currently tenanted returning $47,370.60 per annum plus GST and Outgoings on a ten (10) year lease that commenced on the 1st of March 2021 with further options.

The property includes a large open restaurant and kitchen area as well as a separate storage and food preparation space.

The corner location offers premiere exposure to High Street as well as Lyall Road. Set in the centre of Cranbourne's retail and catering precinct, the location offers significant passing trade. Plenty of parking is available in the public car park at the rear of the property.

Cranbourne station is a few minutes away and bus services run down both High Street and Lyall Road, making this a very accessible location.

• Total Building Area 140 sqm *
• Tenanted Investment
• Rent - $47,370.60 per annum plus GST & Outgoings
• 10 Year Term Commenced 01/03/2021
• Further Terms
• Security System
• Large Shop Front
• Toilet Facilities
• Corner Location
• Rear Access
• Opposite Cranbourne Park Shopping Centre
• Commercial 1 Zone (C1Z)

*Approximately

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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School catchments

Cranbourne Secondary College Secondary 7-12 Government 0.26km
St Agatha's School Primary Prep-6 Catholic 0.50km
Cranbourne Primary School Primary Prep-6 Government 0.52km
Casey Grammar School Combined Prep-12 Independent 0.80km
Cranbourne Park Primary School Primary Prep-6 Government 0.82km
Cranbourne West Primary School Primary Prep-6 Government 1.5km
Casey Fields Primary School Primary Prep-6 Government 1.8km
Cranbourne East Primary School Primary Prep-6 Government 1.9km
Cranbourne East Secondary College Secondary 7-12 Government 2.0km
St Peter's College Secondary 7-12 Catholic 2.4km
Cranbourne Carlisle Primary School Primary Prep-6 Government 2.5km
Rangebank Primary School Primary Prep-6 Government 2.5km
St Thomas the Apostle Catholic Primary School Primary Prep-6 Catholic 3.0km
Cranbourne West Secondary College Secondary 7-11 Government 3.1km
Courtenay Gardens Primary School Primary Prep-6 Government 3.2km
St Peter's College - Clyde North Campus Secondary Catholic 3.2km
Wilandra Rise Primary School Primary Prep-6 Government 3.2km
Quarters Primary School Primary Prep-6 Government 3.5km
Barton Primary School Primary Prep-6 Government 3.7km
St Therese's School Primary Prep-6 Catholic 3.9km
Lyndhurst Secondary College Secondary 7-12 Government 4.0km
Lighthouse Christian College Cranbourne Combined Prep-12 Independent 4.0km
Alkira Secondary College Secondary 7-12 Government 4.6km
Clyde Secondary College Secondary 7-10 Government 5.3km
St Francis Xavier College - Berwick Campus Secondary Catholic 6.5km
Narre Warren South P-12 College Combined Prep-12 Government 6.6km
Waverley Christian College - Narre Warren South Campus Combined Independent 6.8km
Heritage College Combined Prep-12 Independent 7.2km
Hillcrest Christian College Combined Prep-12 Independent 7.5km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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