215 Chesterville Road, Moorabbin

Page 1

BUY ME.

215 215 215 C HEST E RV I LLE ROA D MOORABBIN


I’ M M A D E U P OF 6 DI V ER S E RETA IL O P PO R TU NI TI ES BE N E AT H A RECENTLY CO MPL E TED PRE MI UM BAYS I DE DEV ELO PM ENT



LET ME INTRODUCE MYSELF.

YOUR EXCLUSIVE AGENTS, SAY HELLO TODAY.

Rodney King

Jeremy Gruzewski

Associate Director 0422 839 870 rodney@astoncommercial.com.au

Executive Director 0422 211 021 jeremy@astoncommercial.com.au


215 215 215 C H EST E RV I L L E R OAD MOORABBIN

Buy 1, all or any combination - 6 shops located on the ground level of recently completed premium apartment development. Ideal SMSF investments. CIRCA

7% YIELD

ZONING Mixed Use Zone

Priced from $380,000*

6 1 SHOPS IN

LINE

BUY 1 OR ALL

50 sqm* - 123 sqm* 16 km* FROM MELBOURNE CBD

TERMS OF SALE 10% Deposit on Sale, Balance 30/60 days

BUY ME For Sale by Expressions of Interest Friday 17th November at 11am



SO LD

SO LD


SO LD



I HOLD EXCELLENT COMPANY. ADDRESS

TENANT

LEASE TERM

OPTIONS

COMM DATE

215A Chesterville Rd

Deal Real Estate Pty Ltd

5 Years

3 + 3 Years

6/09/2021

41 Genoa Street

Buildkomm Pty Ltd

5 Years

3 + 3 Years

7/03/2022

43 Genoa Street

BK World Pty Ltd

5 Years

3 + 3 Years

28/02/2022

45 Genoa Street

Jewellery & Antiquity Pty Ltd

5 Years

3 + 3 Years

14/02/2022

D 47 Genoa S O LStreet

Vacant Possession

n/a

n/a

n/a

49 Genoa Street SO LD

Memed Foods Pty Ltd

5 Years

5 + 5 + 5 Years

5/01/2021

TOTAL


ANNUAL INCREASE

RENTAL

3%

$43,178.63

64 sqm

1

6/09/2024

$6,783.00

3%

$65,544.05

120 sqm

1

7/03/2025

$10,605.00

3%

$65,147.50

119 sqm

1

28/02/2025

$10,542.00

3%

$55,216.24

100 sqm

1

14/02/2025

$8,934.00

n/a

$25,000 (estimated)

50 sqm

1

n/a

3%

58,349.50

123 sqm

1

5/01/2026

$312,435.92

576 sqm*

BUILDING AREA/SQM

CAR PARKS

MARKET REVIEW

SECURITY DEPOSIT

$4,166 (estimated)

$9,166.66

$50,196.66


215A Chesterville Rd MOORABBIN Deal Real Estate Pty Ltd

Tenant:

Deal Real Estate Pty Ltd

Current Rental:

$43,178.63 pa

Lease Term:

5 Years

Commencement Date:

06/09/2021

Rental Increase:

3%

Options:

3 + 3 Years

41 Genoa Street MOORABBIN Buildkomm Pty Ltd

Tenant:

Buildkomm Pty Ltd

Current Rental:

$65,544.05 pa

Lease Term:

5 Years

Commencement Date:

07/03/2022

Rental Increase:

3%

Options:

3 + 3 Years

43 Genoa Street MOORABBIN BK World Pty Ltd

Tenant:

BK World Pty Ltd

Current Rental:

$65,147.50 pa

Lease Term:

5 Years

Commencement Date:

28/02/2022

Rental Increase:

3%

Options:

3 + 3 Years



45 Genoa Street MOORABBIN Jewellery & Antiquity Pty Ltd

Tenant:

Jewellery & Antiquity Pty Ltd

Current Rental:

$55,216.24 pa

Lease Term:

5 Years

Commencement Date:

14/02/2022

Rental Increase:

3%

Options:

3 + 3 Years

47 Genoa Street MOORABBIN SO LD

Vacant Possession

Tenant:

N/A

Estimated Rental:

$25,000 pa

Lease Term:

N/A

Commencement Date:

N/A

Rental Increase:

N/A

Options:

N/A

49 Genoa Street MOORABBIN SO LD

Memed Foods Pty Ltd

Tenant:

Memed Foods Pty Ltd

Current Rental:

$58,349.50 pa

Lease Term:

5 Years

Commencement Date:

05/01/2021

Rental Increase:

3%

Options:

5 + 5 + 5 Years



I’M UNMISSABLE Prominently positioned on the corner of Chesterville Road and Genoa Street near Cochranes Road, Keys Road and South Road. Moments from the bustling Morris Moor Development that includes offices, retail, childcare and the Stomping Ground Brewery. Also close to renowned developer Pellicano’s $260 million mixeduse hub. In a premium bayside location moments to bus services, Southmoor Primary School, Cheltenham Secondary College, Highett Train Station and Southland Shopping Centre. There’s also close proximity to Yarra Yarra and Commonwealth Golf Clubs, Moorabbin DFO and local parklands.

WELL SERVICED BY TRAIN

BUS

7,600 VEHICLES PASSING DAILY

(Average daily) *vicroads



MOORABBIN 3189. Situated in southeastern Melbourne, Moorabbin is a diverse suburb with a mix of industrial and commercial activities, known for its transport links via Moorabbin Railway Station and Moorabbin Airport. The area hosts various businesses and industries, renowned shopping destinations such as Southland and Kingston Central Plaza, plus a wide variety of lifestyle amenities courtesy of its prestigious golf courses, many parklands and waterfront activities.


Moorabbin

City of Kingston Population

6,360 Median weekly household income

$2,016 Moorabbin Median House price

$1,240,000 33.2%

Couples with children

24.7%

Lone Person

24%

Couples without children

Industry sector of employment

14.5%

11.1%

9.4%

9.1%

Health Care and Social Assistance

Professional, Scientific and Technical Services

Retail Trade

Education and Training


PELLICANO $260M DEVELOPMENT ‘COMMON GROUNDS’ OFFICE & RETAIL/F&B

CHE

STE

RVI

LLE

ROA

D


6 DIVERSE RETAIL INVESTMENTS IDEAL FOR SMSF

COC

HR

SR ANE

OAD

215 215 215 CHESTERV ILLE R OAD MOORABBIN

G

EN

O

A

ST

E RE

T


BUY ME.

215 215 215

C H EST E RV I L L E R OAD MOORABBIN FOR SALE BY EXPRESSIONS OF INTEREST Closing Friday 17th November at 11am. Terms: 10% Deposit on Sale, Balance 30/60 days

INSPECT

BUY 1 OR ALL REQUEST

Make a private appointment with the exclusive agents

A contract of sale and vendors statement

YOUR EXCLUSIVE AGENTS, SAY HELLO TODAY.

Rodney King

Jeremy Gruzewski

Associate Director 0422 839 870 rodney@astoncommercial.com.au

Executive Director 0422 211 021 jeremy@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


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