***SOLD***

Gross Waddell ICR is pleased to present for sale 401 Clayton Road, Clayton. The property is one of Clayton Road's most distinguished freehold properties, leased to the renowned 'Jay Bhavani' brand with over 190 restaurants globally.

The key highlights of the opportunity include:

• Significant income of $83,200* p.a. as of 1st August 2024

• New 7-year lease with 2 further terms of 5 years

• Valuable landholding of 254 sqm*

• Prime Clayton Road frontage with a second street frontage and rear access to the Clayton Coles car park

• Ideally positioned within the heart of Clayton's bustling activity centre and neighbouring a multitude of national and established tenants including Coles and Chemist warehouse

• Located only metres to Clayton train station, bus stops providing convenient access to Monash University and Melbourne CBD and surrounded by a plethora of public car parking spaces

• Clayton boasts a strong median house price of $1,400,000 known for its large tertiary influence due to Monash University, Monash Medical Centre and CSIRO Clayton (source: REIV)

401 Clayton Road Clayton is offered for sale via Public On-site Auction on Friday 16th August 2024 at 12:00pm.

For further information or to arrange an inspection, please contact the exclusive selling agents below.

*approx.

 For further information, or an inspection of the premises, please contact an agent.