THE ULTIMATE INVESTMENT OPPORTUNITY
192 Brandon Park Drive, Wheelers Hill VIC 3150
Auction 10/05/24
RetailSize: n/a
Block size: 181 m² approx.
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
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
Inspections
No open inspections scheduled.
Send an enquiry
Contact Joff Mithen to learn more about this property, request an inspection or take an online tour.
Auction
Friday 10 May, 12:00pm
On Site
Key details
Property type:
Retail
Block Size:
181 m²*
Other Details
Lot:
4
Plan:
RP18671
Legal description:
4\RP18671
Maps and area information
Block information
Block size: 181m² (approx)
Legal description: 4\RP18671
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
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Wheelers Hill suburb information
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SummaryMedian sales
Average Age
49 years
Population
20,652
Listing ID: 182440849. This listing has been viewed 1 time. It was first displayed on 11/04/2024 and last updated on 15/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.