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119-121 Hawthorn Road, CAULFIELD NORTH, VIC, 3161

2. Property Highlights

Commanding Freehold Investment With Upside
  • Leased To Iconic Tenant
  • Tightly Held Precinct
  • Future Value Add Potential (STCA)

Fitzroys and Aston Commercial are delighted to offer 119-121 Hawthorn Road, Caulfield North for sale by Expressions of Interest closing Wednesday 16th March at 3pm.

The property is leased to renowned bakery, Baker Bleu, that is fast becoming a Melbourne institution. Locals will attest to the early morning line up from those keen to secure their serve of the delicious bread products. This incredible opportunity consists of a renovated and fully operational food grade facility prominently located in a tightly held neighbourhood shopping strip near the intersection of Balaclava Road and moments from Caulfield Park.

Key attributes of this impressive property include:

- Leased to the highly popular “Baker Bleu” bakery and providore

- Returning $123,735 per annum plus outgoings and GST

- 5 + 5 + 5 year lease (from September 2018)

- Well-proportioned site of 420sqm*

- Extensive frontage of 10.13 metres* to Hawthorn Road

- Convenient rear access via Halstead Street to on site car park

- Lease includes redevelopment clause from 2028

- Favourable Commercial 1 Zone (C1Z)

- Significant future vale add potential (STCA)

Remember to mention you found this property on CommercialReady.com.au

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3. Property Location

119-121 Hawthorn Road, CAULFIELD NORTH, VIC, 3161

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4. Due Diligence

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119-121 Hawthorn Road, CAULFIELD NORTH, VIC, 3161 Caulfield North
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