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192 Brandon Park Dr, Wheelers Hill, VIC, 3150

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192 Brandon Park Dr, Wheelers Hill, VIC, 3150

Wheelers Hill

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192 Brandon Park Dr, Wheelers Hill, VIC, 3150

Wheelers Hill

SOLD
192 Brandon Park Dr, Wheelers Hill, VIC, 3150

192 Brandon Park Dr, Wheelers Hill, VIC, 3150

Properties / Sold / Victoria / Wheelers Hill
Tenanted Investment
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
Zone
Commercial 1
Show All
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
Tenanted Investment

192 Brandon Park Dr Investment 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)
Zone
Commercial 1
Selling Method
Auction

Investment 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

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192 Brandon Park Dr, Wheelers Hill, VIC, 3150

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Property Location of 192 Brandon Park Dr, Wheelers Hill, VIC, 3150

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