Toorak Road
BUY ME.
CAMBERWELL 1414
Roll out the red carpet for your next commercial investment.
Joshua Colosimo Agency Executive 0413 790 309 joshua@astoncommercial.com.au Jeremy Gruzewski Executive Director 0422 211 021 jeremy@astoncommercial.com.au YOUR EXCLUSIVE AGENTS, SAY HELLO TODAY. Let me introduce myself.
Toorak Road
1414
CAMBERWELL
Roll Out The Red Carpet
A prime set and forget retail investment nestled in the heart of Burwood Village, a high performing and bustling suburban retail strip. Located on the southern side of Toorak Road in and amongst an abundance of nationally recognised retailers and established local businesses.
ANNUAL RENT + GST + Outgoings
BUY ME
$44,805 * pa
For Sale by Auction
Wednesday 25th October 2023 at 12 noon on-site
126m 2*
BUILDING AREA: 10% deposit with the balance payable in 30/60/90 days
TERMS OF SALE
ZONING
Commercial 1 Zone – C1Z
FRONTAGE
Exceptional 5.5m* street exposure
I have an established tenant.
TENANT BUSINESS NAME: All Modern Design
RENTAL: $44,805 + GST per annum
LEASE TERM: Three (3) years
COMMENCEMENT: 15th June 2022
OPTIONS: One (1) further term of three (3) years
RENT REVIEWS: Fixed 3% annual increases including upon exercise of option
OUTGOINGS: Paid by Tenant
SECURITY DEPOSIT: Equal to three (3) months rent plus GST
All Modern Design is a family owned and operated business with a cult following from all over Australia. Having been in operation for over 10 years, the team at All Modern Design is passionate about creating beautiful homes.
Their showroom features over 400 rugs to choose from, including high quality machine made and luxurious hand made, hand spun wool and silk options. Available in a range of sizes, colors, and shapes to suit every budget, All Modern Design have something for everyone. allmodernrugs.com.au
5.5M* FRONTAGE
I’m compact but strong in impact.
The property is outlined on the certificate of title as follows.
Volume: 10888 Folio: 981
BUILDING DETAILS
COMMERCIAL 1 ZONING (C1Z)
TENANCY AREA
BATHROOM + KITCHENETTE 126m 2*
1 CARPARK
Camberwell 3124.
Burwood Village, the bustling retail strip in the heart of one of Melbourne’s most expensive and affluent suburbs, Camberwell, offers an exciting and diverse shopping experience. The vibrant commercial hub is a shopper’s paradise, with a wide range of retail stores, eateries and a number of major retailers including IGA, Chemist Warehouse, Commonwealth Bank, Goodyear Tyre & Auto amongst many others. Well supported by the local community, Burwood Village is a tightly held retail strip that businesses simply do not want to leave.
RESIDENT PROFILE (TOP SERVICE AGE GROUPS)
3,089
2,638
LIFESTYLE 22,239 Population $2,461 Median weekly household income 37.7% Households with 4 or more bedrooms 48.6% Average household size (persons per dwelling) CAMBERWELL City of Boroondara
Median house price: 3,968 Parents and homebuilders (35 to 49)
$2,612,500
Seniors (70 to 84)
Older workers and pre-retirees (50 to 59)
realestate.com.au August 2023
I keep good company.
WELL SERVICED BY:
Toorak Road CAMBERWELL 1414 BUY ME. WHAT, WHEN & WHERE? Public Auction. Wednesday 25th October at 12 noon on-site. Terms: 10% deposit with the balance payable in 60 days. Jeremy Gruzewski Executive Director 0422 211 021 jeremy@astoncommercial.com.au Make a private appointment with the exclusive agents INSPECT A contract of sale and vendors statement REQUEST Joshua Colosimo Agency Executive 0413 790 309 joshua@astoncommercial.com.au
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
