WHEELERS HILL 192 BRANDON PARK DRIVE BUY ME.
I’M A LOCAL FOOD AND BEVERAGE
BEVERAGE INSTITUTION.
LET ME INTRODUCE MYSELF. YOUR EXCLUSIVE AGENTS, SAY HELLO TODAY. Joff Mithen Agency Executive 0430 759 406 joff@astoncommercial.com.au Joshua Colosimo Agency Executive 0413 790 309 joshua@astoncommercial.com.au Ricardo Cappelletti Co-Founder and Director 0421 837 421 rc@andproperty.com.au Bryce Pane Co-Founder and Director 0477 014 753 bp@andproperty.com.au
Aston in conjunction with AND Property are thrilled to introduce an exceptional investment opportunity in Wheelers Hill.
The property offers a secure lease that is locked-in until 2028, with further options available until 2038. Additionally, the lease includes annual rental increases of 3.5%.
TERMS OF SALE
10% deposit with the balance payable in 30/60/90 days
WHEELERS HILL 192 BRANDON PARK DRIVE Auction Friday 10th May at 12pm on-site
163 sqm* BUILDING AREA:
*approx
LAND AREA: ZONING Commercial 1 Zoning (C1Z) BUY ME.
ON-SITE CAR PARKS
181 sqm* 17
17
WHEELERS HILL 3150.
In Melbourne’s southeast, the family-friendly suburb of Wheeler’s Hill shines as a gem, boasting quality schools, plentiful leafy parklands, and modern homes on spacious blocks of land. Just moments away lies Glen Waverley’s vibrant Asian food scene and Chadstone Shopping Centre, renowned as one of Melbourne’s premier shopping destinations. Within Wheeler’s Hill itself, a range of shops caters to everyday needs. Situated at the intersection of Jells and Ferntree Gully roads stands a beautifully maintained reserve, serving as the neighbourhood’s cultural focal point housing the Monash Gallery of Art and Wheelers Hill Library. However, what truly distinguishes this suburb is its remarkable array of schools, parks and exceptional retail offerings for what is largely a residential catchment.
192 BRANDON PARK DRIVE
WHEELERS HILL
City of Monash MEDIAN HOUSE PRICE $1,475,000 SUBURB PROFILE Average Household Size 2.67 HOUSEHOLD DEMOGRAPHIC COUPLES WITHOUT CHILDREN 2,140 2,811 COUPLES WITH CHILDREN Median weekly household income $1,812 Population 20,680 LONE PERSON 1,439 PARENTS AND HOMEBUILDERS 3,656 Realestate.com.au - March 2023 - February 2024 SENIORS 3,596
I’M AUTHENTIC. A GENUINE TASTE OF ITALY.
Introducing Il Desiderio, an esteemed addition to 192 Brandon Park Drive, Wheelers Hill. Situated in a prime location, this restaurant embodies the essence of Italian cuisine, offering an array of authentic dishes meticulously prepared to tantalize the taste buds. With its woodfire pizzas, delectable pasta options, and delightful desserts, Il Desiderio promises an unparalleled dining experience for patrons seeking a taste of Italy.
Boasting a solid tenant with a proven track record, this establishment is poised to attract a loyal clientele and contribute positively to the local culinary scene of Wheelers Hill.
Featuring ample parking and a charming atmosphere, Il Desiderio presents an enticing opportunity for investors looking to add a reputable restaurant to their portfolio. With its favourable Google rating and reputation for excellence, this property is sure to generate interest from discerning buyers seeking a lucrative investment in the thriving food and
sector.
beverage
TENANT BUSINESS NAME Il Desiderio GROSS RENTAL $68,310 per annum LEASE TERM Five (5) Years COMMENCEMENT 1 April 2023 OPTIONS 2 x 5 year RENT REVIEWS 3.5% annually
REFURBISHED DINING AREA 6 DAYS 4.5 STAR GOOGLE RATING FULLY LICENSED PREMISES OPEN 6 DAYS PER WEEK
I’M SECURE. STRONG RENTAL INCOME OF $68,310 P.A.
I’M A RARE GEM ON 181 SQM * .
The property is outlined on the certificate of title as follows.
Volume: 08949 Folio: 469
BUILDING DETAILS
192 Brandon Park Drive is a well-positioned, high-quality commercial building recently refurbished and situated within the coveted suburb of Wheelers Hill. The single-story building, leased to the well-established Il Desiderio, features a spacious open dining area with rear bathroom amenities. Additionally, it boasts a fully equipped commercial kitchen complete with a cool room, canopy, washing station, and a large wood-fired pizza oven imported directly from Italy. The property further benefits from a liquor license.
12m* street frontage
Offering over 12 metres* of street frontage to Brandon Park Drive with additional rear access
163 sqm*
Single story property offering 163 sqm* of building area
17
Seventeen (17) on-street car parks
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 Princes Highway.
I’M SHINY. REFURBISHED RESTAURANT & COMMERCIAL KITCHEN.
Make a private appointment with the exclusive agents INSPECT A contract of sale and vendors statement REQUEST YOUR EXCLUSIVE AGENTS, SAY HELLO TODAY. Joff Mithen Agency Executive 0430 759 406 joff@astoncommercial.com.au Joshua Colosimo Agency Executive 0413 790 309 joshua@astoncommercial.com.au WHEELERS HILL 192 BRANDON PARK DRIVE
Sale
Auction
12pm on-site Terms: 10% deposit with the balance payable in 30/60/90 days Payment of Deposit Options: 1. Cheque – Personal or Bank payable to Aston Commercial Sales Trust Account 2. Macquarie Direct Debit Pay via secure portal link Ricardo Cappelletti Co-Founder and Director 0421 837 421 rc@andproperty.com.au Bryce Pane Co-Founder and Director 0477 014 753 bp@andproperty.com.au
WHAT, WHEN & HOW? For
by Public
Date: Friday 10th May at
DISCLAIMER
“Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Aston Commercial Pty Ltd and AND Property 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 and AND Property 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 and AND Property 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