COMMERCIAL REAL ESTATE NEWS, TRENDS AND INSIGHTS
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26YEARS
$
OF PROPERTY INSIGHTS
10,000
+
LOCAL INVESTORS REACHED

Leased by GK: Outer Eastern Industrial Results

By | 10/11/2021

Property leased by GK: 1861 Ferntree Gully Road, Ferntree Gully
Property leased by GK: 1861 Ferntree Gully Road, Ferntree Gully

1861 Ferntree Gully Road, Ferntree Gully

A 165sqm warehouse/ showroom plus 70sqm mezzanine located at 1861 Ferntree Gully Road, Ferntree Gully has been leased to a local expanding HVAC business. The premises is one of 4 units offering great exposure on a busy arterial road.

Terms included a new 3 year Lease plus Option at a commencing rental of $27,000 net per annum plus GST & outgoings.

Leased By GK 5-Nicole Close Bayswate

5 Nicole Close, Bayswater

Unit 3, a factory located at 5 Nicole Close, Bayswater has been leased to a nearby expanding automotive and service centre for 5 years at a commencing rental of $45,000 net per annum. The factory has independent street access (no Owners Corp) and provides a total floor area of 519sqm including a small 2 level front office/ storage area and 7 on site car spaces.

Both properties attracted extensive enquiry and we still have a number of prospective tenants seeking similar premises within the local area.

GK’s specialist Eastern Industrial Sales & Leasing team are proud to have achieved this outcome for our valued clients. Feel free to contact me to discuss how GK can assist you with your commercial property management, sales and leasing needs.

We'll help you lease your property
Glenn Neilson

Written by Glenn Neilson

For over 20 years, Glenn has been selling and leasing commercial property with a particular focus on the industrial market located within Melbourne’s eastern corridor.

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