250-252 High Street, Windsor

Page 1

For Sale by Public Auction Thursday 22nd June 2023 at 12 noon on-site 250-252 HIGH STREET WINDSOR
CONTENTS 4. Buy Me 6. Executive Summary 8. Why Buy? 12. Property Particulars 13. Building Details 14. Tenancy Details 16. Location 20. Sale Method 22. Floorplans 250-252 HIGH STREET WINDSOR 3

BUY ME.

Aston Commercial are delighted to offer 250-252 High Street, Windsor For Sale by Public Auction Thursday 22nd June 2023 at 12 noon on-site.

4

I’m secure.

Rent: $111,931 pa + GST

*As of July 2023

I’m accessible.

Rear laneway access with secure parking

I’m spacious.

Building Area 263 sqm* over two levels

5

EXECUTIVE SUMMARY

250-252 HIGH STREET WINDSOR

Beautifully refurbished double fronted two level freehold with laneway access and secure off-street parking. Positioned in the heart of the Windsor commercial precinct surrounded by leading hospitality venues and the famous Chapel Street shopping strip.

LEASE DETAILS

Leased to Tsar Carpets on an initial Seven (7) year lease at $111,931 pa + GST (as of July 2023)

BUILDING AREA

263 sqm* over two levels

METHOD OF SALE

For Sale by Public Auction on Thursday 22nd June 2023 at 12 noon on-site

LAND AREA

252 sqm* with on-site parking

ZONING

ACZ - Activity Centre Zone

Schedule 1

TERMS OF SALE

10% deposit with the balance payable in 60 days

*approx.

EXCLUSIVE SELLING AGENTS

Fred Nucara Managing

0418 567 560 fred@astoncommercial.com.au

Liam Rafferty

Associate Director 0421 886 655

liam@astoncommercial.com.au

6

WHY BUY?

Immaculate double fronted two level building

Rear laneway access with on-site parking

Standout & experienced high-end tenant

8
Bustling lifestyle & shopping precinct Growing Residential Area with high profile developments Flexible Activity Centre Zoning 9

PROPERTY PARTICULARS

The property is outlined on the certificate of title as follows Volume: 05907 Folio: 298 Lot 1 on title plan 403639M

LAND DIMENSIONS AND AREA:

*approx

ZONING:

HIGH STREET FRONTAGE 8.83m* DEPTH 30.48m* TOTAL LAND AREA 252 sqm*
Under the Stonnington City Council Planning Scheme the land is zoned ACZ - Activity Centre Zone - Schedule 1. Under this zoning there is a preferred development height limit of 18m (5 storeys) under the council zoning masterplan. 12
Retail shopfront / showroom Open plan office space Private office areas Kitchens Male / Female bathrooms Storage Secure parking for multiple vehicles The building across the dual levels comprises of the following
BUILDING DETAILS
18
of the building floorplan Internal courtyard 13
*Please refer to the page
for a copy

TENANCY DETAILS

OVERVIEW OF TENANT

The team has over 35 years of experience designing and producing high-quality, custommade carpets and rugs for residential, commercial and hospitality projects worldwide. A family-owned business founded by David and Kerrie Sharpley, born from a passion for textiles and enchanted by the hand-tufted technique, it is now a global company recognised for its award winning designs and collections. TSAR products are designed by in house designers and manufactured by highly skilled artisans in their owned and operated factory in Portugal. Their versatile product range is designed to suit all spaces and their focus on high quality, durable products ensures long lasting appearance for years to come. Their skilled team draws upon the best TSAR-approved fabrics to ensure each piece is meticulously designed to the highest calibre. With locations in Melbourne, Sydney, New York, London and Munich.

tsarcarpets.com

Trading Name: TSAR Carpets

Current Rent: $111,931 pa + GST (As of July 2023)

Lease Term: Seven (7) Years from 1st July 2018

Options: One further term of Five (5) Years

Rent Reviews: Fixed 4% annually and market review at option

Outgoings: Paid by tenant

14

LOCATION WINDSOR 3181

Windsor offers a diverse and vibrant atmosphere. It is known for its trendy and cosmopolitan character, attracting a mix of young professionals, artists, and students. The suburb has a lively and energetic vibe, with a range of amenities and activities to suit various interests. One of the highlights of Windsor’s lifestyle is Chapel Street. This iconic street runs through Windsor and neighbouring suburbs, such as South Yarra and Prahran, and is a renowned shopping and entertainment precinct. Chapel Street is lined with boutique fashion stores, designer shops, vintage boutiques, and specialty stores, making it a paradise for fashion enthusiasts. Additionally, you’ll find a wide selection of cafes, restaurants, bars, and nightclubs along Chapel Street, offering an array of dining and nightlife experiences. Windsor also boasts a strong food and drink scene, with an abundance of trendy eateries, cozy cafes, and stylish bars. Whether you’re craving international cuisine, brunch delights, or innovative cocktails, you’ll find plenty of options to satisfy your palate in Windsor.

MARKET OVERVIEW

The suburb Windsor is well known for some of its leading hospitality venues and this property sits surrounded by some of the best. They include: Firebird; The Smith; Tipico; Neptune Food & Wine; Young Hearts; Maha East; Middletown Cafe & Mr Myagi.

16
18
19
EXCLUSIVE SELLING AGENTS sale method Liam Rafferty Associate Director 0421 886 655 liam@astoncommercial.com.au 250-252 HIGH STREET WINDSOR Fred Nucara Managing Director 0418 567 560 fred@astoncommercial.com.au TERMS OF SALE 10% deposit with the balance payable in 60 days INSPECTIONS Strictly by private appointment with the exclusive selling agents CONTRACT OF SALE AND VENDORS STATEMENT Available upon request METHOD OF SALE For Sale by Public Auction on Thursday 22nd June 2023 at 12 noon on-site 20

FLOOR PLANS

22

Thinking of Selling?

Great sales results always get talked about. The work that makes them happen, usually doesn’t.

There’s so much smoke around sales, that it’s hard to even talk about it in a brochure without a smile. Everyone makes claims, but the obvious truth, is not everybody is equally good at this.

OUR SALES DNA

One of the differences at Aston Commercial, is that while what we say might be called an “opinion”, it’s always based on evidence. We do our homework first and talk later.

Another difference is that for us, sales is very much a whole team exercise, where there are many players and all our departments work together in the pursuit of the best result.

TRUSTED TACTICAL

The experience of our team members are reinforced by Client testimonials, which lead us to being more than a real estate agent, but a trusted advisor

Deciphering the highest and best use and positioning your property through the implementation of elite marketing across all mediums

TENACIOUS

A relentless “never give up” attitude focused on the Client destination

Contact Aston Commercial for a confidential and strategic conversation about your property.

DISCLAIMER

“Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom.

*Approximate

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.