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192 Brandon Park Dr, Wheelers Hill, VIC, 3150

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192 Brandon Park Dr, Wheelers Hill, VIC, 3150

192 Brandon Park Dr, Wheelers Hill, VIC, 3150

Properties / Sold / Victoria / Wheelers Hill
Tenanted Investment

1. Property Summary

Selling Method
Auction
Land Area
181 m² (*approx)
Floor Area
163 m² (*approx)
Property Type
Retail
Sub-type
Cafe/Restaurant
Terms
Five (5) year initial lease expiring 31st March 2028
Est. Income
$68,310 p/a
Fully Leased
Il Desiderio
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2. Property Highlights

THE ULTIMATE INVESTMENT OPPORTUNITY
  • Strong gross rental income of $68,310pa*
  • Leased until 2028 + options until 2038
  • Refurbished - high quality improvements

Aston in conjunction with AND Property, proudly presents 192 Brandon Park Drive, Wheelers Hill - an exceptional investment opportunity, securely leased to Il Desiderio, an authentic Italian restaurant renowned for its woodfire pizzas.

With a proven track record promising an unparalleled dining experience, this establishment is poised to attract a loyal clientele and contribute positively to the local culinary scene of Wheelers Hill.

The Features:

• Single story property offering 163 sqm* of building area with access to seventeen (17) on-street car parks

• Offering over 12 metres* of street frontage to Brandon Park Drive with additional rear access

• Securely leased to experienced and successful operator with a passing gross rental of $68,310 per annum*.

• Five (5) year initial lease expiring 31st March 2028, with a further two (2) additional five (5) year optional terms and is subject to 3.5%

increases annually

• Leased to Il Desiderio, an esteemed addition to 192 Brandon Park Drive, this restaurant embodies the essence of Italian cuisine, offering an array of authentic dishes

• The property is located in the heart of Wheelers Hill, surrounded by a large, loyal residential catchment that ensures consistent business from local residents

• Favourable Commercial 1 Zoning (C1Z) allowing for a variety of future potential uses (STPA)

• Positioned on the doorstep of the Monash Freeway, Eastlink, Wellington Road, Ferntree Gully Road, Springvale Road and Princess

Highway

For Sale by Public Auction on Friday 10th May at 12:00pm on-site.

Please contact a selling agent today to arrange your private inspection.

*approx

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

1. Property Summary

Property Type
Retail
Sub-type
Cafe/Restaurant
Est. Income
$68,310 p/a
Tenant
Il Desiderio
Terms
Five (5) year initial lease expiring 31st March 2028
Land Area
181 m² (*approx)
Floor Area
163 m² (*approx)
Selling Method
Auction

2. Property Highlights

THE ULTIMATE INVESTMENT OPPORTUNITY
  • Strong gross rental income of $68,310pa*
  • Leased until 2028 + options until 2038
  • Refurbished - high quality improvements

Aston in conjunction with AND Property, proudly presents 192 Brandon Park Drive, Wheelers Hill - an exceptional investment opportunity, securely leased to Il Desiderio, an authentic Italian restaurant renowned for its woodfire pizzas.

With a proven track record promising an unparalleled dining experience, this establishment is poised to attract a loyal clientele and contribute positively to the local culinary scene of Wheelers Hill.

The Features:

• Single story property offering 163 sqm* of building area with access to seventeen (17) on-street car parks

• Offering over 12 metres* of street frontage to Brandon Park Drive with additional rear access

• Securely leased to experienced and successful operator with a passing gross rental of $68,310 per annum*.

• Five (5) year initial lease expiring 31st March 2028, with a further two (2) additional five (5) year optional terms and is subject to 3.5%

increases annually

• Leased to Il Desiderio, an esteemed addition to 192 Brandon Park Drive, this restaurant embodies the essence of Italian cuisine, offering an array of authentic dishes

• The property is located in the heart of Wheelers Hill, surrounded by a large, loyal residential catchment that ensures consistent business from local residents

• Favourable Commercial 1 Zoning (C1Z) allowing for a variety of future potential uses (STPA)

• Positioned on the doorstep of the Monash Freeway, Eastlink, Wellington Road, Ferntree Gully Road, Springvale Road and Princess

Highway

For Sale by Public Auction on Friday 10th May at 12:00pm on-site.

Please contact a selling agent today to arrange your private inspection.

*approx

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

192 Brandon Park Dr, Wheelers Hill, VIC, 3150

Property Map
192 Brandon Park Dr, Wheelers Hill, VIC, 3150 Wheelers Hill
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