192 Brandon Park Dr,
Wheelers Hill, VIC 3150
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And Property - SOUTHBANK
Tenancy 3, Level 8/80 Dorcas StreetSOUTH MELBOURNE, VIC 3205
192 Brandon Park Dr
Wheelers Hill, VIC 3150
Map of 192 Brandon Park Dr
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
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
Additional information
Documents
Property ID: 504564456Last Updated: 15 May 2024
And Property - SOUTHBANKTenancy 3, Level 8/80 Dorcas Street
SOUTH MELBOURNE, VIC 3205
SOUTH MELBOURNE, VIC 3205
Aston Commercial - MELBOURNE Level 15, 627 Chapel Street
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
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