The Aston Pulse - January 2021 by ASTON

EDITION - January 2021

The

Aston Pulse

CONTENTS

Who Are We?

Looking to Lease?

Market Update

Recent Deals

2021

Aston Blog

Feature Suburb

Getting to Know...

Looking to Buy?

Your Team

WHO ARE WE?

Our Difference • Our Independence • Experienced and Local • Our Directors • Our People • Our Full Circle Approach • Our Award Winning Team • Our Attitude

Same isn’t a great formula for the best results. Or for life. If you’re doing the same thing and expecting a different result, you’re bound to be disappointed. So, the saying goes. In fact, in today’s market, the result could easily be worse. Aston Commercial is a different type of agent. A difference shaped by our history as a trusted generational advisor – and our commitment to embracing change. We do our homework first and talk second. We approach the market with imagination and flair that’s firmly anchored in experience — then work hard. Success then becomes a logical outcome, not a fortunate windfall.

MARKET UPDATE

Current Mood... They say “a smooth sea never made a skilled sailor” and 2020 was certainly one of the roughest “seas” we have navigated. Often in these unchartered times you are required to change course temporarily, but re-align and not forget what we stand for as a business representing our Clients. The start of 2021 has allowed us to appreciate the importance of maintaining our resolve to be Melbourne’s Leading Boutique Commercial Agency. It is a fresh start, whereby we are required to learn to work and live in a world with COVID albeit with the imposition of Government regulations. We can only control what we can on a daily basis to ensure we deliver the highest possible professional service. 2021 will be still tumultuous with some key hurdles being the official end of many Federal Government support initiatives such as Jobkeeper in March and the hopeful end to the Commercial Rent Relief Scheme. Again, we cannot control decisions imposed upon our industry, however, we have learned to adapt and continue to maintain the highest level of professional acumen regardless of the circumstances. We envisage a year of greater optimism as a COVID Vaccine begins to be rolled out and Governments are better prepared to handle future outbreaks. Early signs based on the level of activity in late 2020 is that property management issues between landlords and tenants will still exist, tenant enquiry is steady and there are plenty of active yet cautious buyers. So our view is to remain looking at the “glass half full” and remind ourselves that our brand is more than just a logo. It is about redefining what our best can be and that is what our Team is about. So remember, we are still and will continue to be here for you in 2021 and beyond. We look forward to being part of your journey and invite you to connect with us anytime…no matter how rough the sea, our sailors are ready! Fred Nucara Director & Officer in Effective Control 7

Talk to us. Now the 2020 door has finally closed, we are looking forward to a (fingers crossed) much better 2021.

365 N

A new y Here are our N

Our Team have had a chance to reset and recharge and we canâ&#x20AC;&#x2122;t wait to get stuck into a new year. Get in touch to see how we can assist you.

Property Management We are proven to preserve your asset income and grow your portfolio.

Sales We will recommend the best strategies to negotiate and generate the maximum price.

Lease We will source reliable tenants quickly & negotiate rents for optimum investment performance.

Resolution 1

Growth & Developmen Both for our staff and ou business.

New Days, 365 New Chances

year brings new opportunites to move onwards and upwards. New Year Resolutions for the key areas we want to focus on in 2021.

Going paperless - This year we want to keep things digital to reduce our paper wastage.

Resolution 3 Listen & Adapt - We want to take more time listening to the thoughts and needs of our clients and adapt accordingly to better service them.

2021

nt ur

Resolution 2

FEATURE SUBURB

Suburb Profile Just 9km south-east of the CBD, charming Elsternwick has quietly evolved into a trendy, culturally-diverse neighbourhood complete with a buzzing shopping, cafĂŠ and dining scene. This family friendly suburb has historic residential areas and is connected via trains, trams and buses.

ELSTERNWICK 3185

Demographics* Population: 10,353

37 Median Age

41.8%

House

18.5%

14.8%

20.3%

36.4%

Maturing & Established Independent Independence Youth

Semi-detached/ Townhouse

Flat/ Apartment

House - Median Sale Price: $1.9mil Unit - Median Sale Price: $690K Here is a sample of what Elsternwick and surrounds has to offer: Bang Bang at the Rifle Club Hanoi Hannah Vol.II Smoke and Pickles Classic Cinema Rippon Lea Estate Elwood or Brighton beach Sandringham Train Line Trams Buses

*2016 Census REA

LOOKING TO BUY?

7/7 Mayfield St, Abbotsford View

Boutique Home Office / Warehouse Conversion Located in the quiet back streets of funky Abbotsford, this quaint bite size strata space may be small in internal meterage but makes a big impact where is counts. Featuring excellent natural light, high ceilings, simplistic functional layout all combined with full bathroom and kitchen.

• • • • •

Building Area: 100 sqm* Automatic Roller Door Access Ability to Park One Vehicle Large Open Plan Layout Bathroom Complete with Shower and Amenities

Max Warren 0488 296 892

429 Bay St, Brighton View

Bianco Brighton – Brand New Commercial Space Five elite commercial tenancies, within the Bianco Brighton mixed-use development. Great ceiling heights and ample natural light make the space ideal for retail, office or studio accommodation. There is an opportunity to combine tenancies for larger floorplates. Jeremy Gruzewski 0422 211 021

• 5 elite commercial suites • Part of mixed-use development ‘Bianco Brighton’ • 31 car spaces • Areas from 257sqm-260sqm • Completion last quarter of 2021 • For Sale or Lease 13

Shop 1 & 2, 182 Johnston St, Fitzroy View

Two Brilliant Creative Opportunities These two outstanding creative spaces are brand new and located in the highly desirable inner-city suburb of Fitzroy, a mere 3 kilometres* from Melbourne’s CBD and form part of ‘The Rochester’. Jeremy Gruzewski 0422 211 021

Max Warren 0488 296 892

Suite 15s, 349-351 Bluff Rd, Hampton

• Shop 1: 83sqm* • Shop 2: 198sqm* • Can be combined for 281sqm* • 3 car parks on title • Commercial 1 Zoning • Beneath 24 contemporary homes

Bayside Portfolio View

Bite Size Investment A boutique mixed-use complex consisting of a small number of residential apartments and 2 levels of office. An extremely well-presented corner office, easily accessible from nearby Nepean Hwy providing access in and out of the CBD and is only 5 minutes to the beach.

• Building Area: 88sqm*

Liam Rafferty 0421 886 655

• Light filled corner office

Jeremy Gruzewski 0422 211 021

• Current Rental: $26,400pa* • Four (4) year lease with one further four year option • 3 secure car spaces

87 Mount St, Heidelberg

UNDER OFFER View

Bold MontVue Medical/Cafe Opportunity A premium retail space anchoring the stunning ‘MontVue’ mixed use development. Sitting elevated on the junction of Mount St & Yarra St is this multi façade offering adjacent to the Train Station & Heidelberg’s medical precinct along with other local amenities. Max Warren 0488 296 892

Liam Rafferty 0421 886 655

• 144sqm* external courtyard area • Hospitality ready • Dual bathrooms with DDA compliance • Perfect indoor/outdoor ratio • Capped Services incl Gas & Grease Trap • Car parking available

Shop 1, 56 Cotham Rd, Kew View

The One You Are Waiting For This expansive corner tenancy sits beneath THE ALEXANDRA apartment complex. Leased to established medical based tenants Sports, Podiatry & Physiotherapy this is the perfect long-term holding investment with the security of a 10 year lease term. Liam Rafferty 0421 886 655

Jeremy Gruzewski 0422 211 021

• Rental - $110,000 pa • Lease Term – Initial Ten (10) year term with further option • Building Area: 215 sqm* • Annual increases of 5% • Established medical focused tenant • Dual frontage tenancy with floor to ceiling windows

90 Nepean Hwy, Mentone

Bayside Portfolio View

Bite Size Investment This property benefits from major exposure to daily traffic of Nepean Highway & adjacent to major Mentone homemaker centre. Suiting a number of future uses including office, retail & hospitality due to its flexible floor plan, this property is a great investment for the astute investor.

• Building Area: 90sqm*

Liam Rafferty 0421 886 655

• Zoned Commercial 1 (C1Z)

Jeremy Gruzewski 0422 211 021

• Current Rental: $26,522 pa* • Five (5) year lease with further options • 1 secure car space • Staff toilets and kitchenette

42A/314-360 Childs Rd, Mill Park

UNDER OFFER Main Road Exposure in Mill Park! • Total Building Area: 141sqm* • Includes kitchen and amenities • Suits a variety of uses (STCA) • Ample on-site 24/7 free car parking

View

Lucy Kuhne 0400 633 120

237-239 Boundary Rd, Mordialloc Boutique Showroom Warehouses • Ready for Occcupation in Feb! • Sizes range from 182sqm* - 640sqm* • Potential depreciation benefits • Excellent exposure to passing traffic

View

Rodney King 0422 839 870

Jeremy Gruzewski 0422 211 021

11-13 Milgate St, Oakleigh South View

4 Tenancy Industrial Investment The property benefits from easy access to major arterial roads and public transport. The properties are modern with street fronting glass facades and are of concrete construction. There are showroom/offices over two levels at the front with excellent height to the warehouse. Rodney King 0422 839 870

• Four Fully Leased Office/Warehouses Sold Together • Total income $167,045 p/a NET • Substantial Depreciation Benefits • Prime Inner South East Location • Rear motorised roller door access • Secure off-street parking

442-452 North Rd, Ormond View

Blue Chip Corner Investment

• Securely leased till 2032

Originally a suburban office building, in recent times it has been converted to operate as a school. • Income of $450,000 net per annum • Tenant is a registered charity = LAND With 12 years remaining on the lease the asset TAX EXEMPT provides a strong & secure income stream in a time when income has never been more important, • 2 storey building of 1,559 sqm* there is also development potential in the future. • Corner land of 1,651 sqm* Jeremy Gruzewski 0422 211 021

Liam Rafferty 0421 886 655

• Security of Income with definite upside

105 High St, Prahran View

3 High End Opportunities in Inner East Hotspot Marque Residences is a style statement in a precinct synonymous with design and fashion. An iconic building for an iconic suburb. Perfectly positioned in a vibrant neighbourhood, a mere 5km from Melbourne CBD. Chapel Street’s restaurants, bars & cafes are just a stroll away. Max Warren 0488 296 892

Jeremy Gruzewski 0422 211 021

• Brand New Building • 10 Secure Car Parks Available • Direct Access to Prahran Station & Prahran Amenity • First Floor Office: 600sqm* • Ground Floor Retail: 168sqm* • Ground Floor Food/Beverage: 115sqm*

30 Chatham St, Prahran Secure Corner Investment • 5 x 5 Year Lease Agreement • 2 x Secure Car Parks • Exciting New Prahran Precinct • Rental $30,000 Net Per Annum

View

Jeremy Gruzewski 0422 211 021

Max Warren 0488 296 892

17-19 Balmoral Ave, Springvale Income + Position + Potential • Freestanding two level building of 1,865.8sqm* incl 14 ground floor retail shops leased to quality tenants • Car parking for 47 cars* • Planning permit for a high-density mixed-use development

View

Jeremy Gruzewski 0422 211 021

Lot 3, 15 Wellington St, St Kilda

Bayside Portfolio View

Bite Size Investment This well-presented modern strata office is the perfect investment currently occupied by an established boutique real estate agency. Connection to and from the Melbourne CBD is direct, easy and convenient.

• Building Area: 134sqm* • Current Rental: $36,734 pa* • Five (5) year lease with further options • 2 secure car spaces • Staff toilets & kitchenette

Liam Rafferty 0421 886 655

Jeremy Gruzewski 0422 211 021

• Mixed Use Zoning (MUZ)

262-266 Inkerman St, St Kilda East View

Cash Flow Today, Develop Tomorrow Offered for the first time in over 50 years this truly is a rare offering. Located in the heart of the St Kilda East precinct, just 8km from the CBD. The property is securely leased to long standing tenants, Zanini Pizzeria and New Inkerman Drycleaners providing security of income. Jeremy Gruzewski 0422 211 021

• First time offered in 50 years • Established tenants + rental income • Prime corner allotment of 358sqm* • Commercial 1 Zoning (C1Z) • Future development potential (STCA) 19

LOOKING TO LEASE?

1272 High St, Armadale View

Prime Armadale Opportunity This superbly presented retail/office is located at the top end of High Street Armadale and surrounded by exceptional operators and many of Melbourne’s finest eateries.

• Building Size: 165sqm* • Flexible floorplan over 2 levels • Rear access from car park • Available now • Exceptional exposure • Public transport at your door

Liam Rafferty 0421 886 655

• Suits a variety of uses (STPA)

909 High St, Armadale Huge Retail Opportunity • Building Area: 289sqm* • Flexible open plan space • Suits a variety of uses (STCA) • Great signage opportunity & exposure

View

Liam Rafferty 0421 886 655

913 High St, Armadale

UNDER OFFER Prime Retail Exposure • Building Area: 128sqm* • Amenities included • Short stroll to public transport • Large glass frontage

View

Liam Rafferty 0421 886 655

271-275 Carlisle St, Balaclava Boutique Office or Retail • Building Size: 80sqm* or 125sqm* • Great foot traffic • Light and bright • Strong frontage and signage potential Lucy Kuhne 0400 633 120

View

290-300 Hargreaves St, Bendigo Ultimate Bendigo Opportunity • Building Size: 87sqm* • Double fronted corner shop • Exceptional exposure & signage • Suits a variety of uses (STCA) Lucy Kuhne 0400 633 120

View

670-672 Centre Rd, Bentleigh East View

Affordable Office & Retail This unrivalled opportunity presents superbly with flexible warm shells including high ceilings, NBN, ducted air-con and food provisions including gas, grease trap and exhaust provisions. Join other national tenants today including Jetts, Commonwealth Bank, IGA and many more. Liam Rafferty 0421 886 655

Max Warren 0488 296 892

• Floorplates from 85sqm* to 154sqm* (*Can be combined up to 646sqm*) • Ready to Occupy now • Modern frontages with floor to ceiling glass • North facing shops with ample outdoor dining opportunities • Food provisions included

429 Bay St, Brighton View

• 5 elite commercial suites • Part of mixed-use development ‘Bianco Brighton’ • 31 car spaces • Areas from 257sqm-260sqm • Completion last quarter of 2021 • For Sale or Lease

2/425 Highbury Rd, Burwood East Affordable Retail Or Office • Building Area: 45sqm* • Open plan space with amenities • Car parking for 1 vehicle • Great signage opportunities

View

Liam Rafferty 0421 886 655

280 Lygon St, Carlton Brand New + Unbeatable Exposure • High profile corner shop in the heart of Lygon Street • Building Area: 300sqm* split over 2 levels plus rear access • Suits a variety of uses (STPA)

View

Lucy Kuhne 0400 633 120

1st Floor/243 Hawthorn Rd, Caulfield First Floor Flexibility • Building Size: 125sqm* • Car parking • Public transport at your door • Suits a variety of uses (STCA) Lucy Kuhne 0400 633 120

View

Max Warren 0488 296 892

Suite 8, 875 Glen Huntly Rd, Caulfield South Ultimate Affordable Office • Building Size: 196sqm* • 6 undercover secure car parks • Public transport at your door • Suits a variety of uses (STCA) Liam Rafferty 0421 886 655

View

1354-1358 Dandenong Rd, Chadstone View

Ultimate Supersite - Rare Opportunity • Land Area: 4,169sqm* First time offered in 30+ years! Just seconds from Chadstone Shopping Centre, Warrigal Road and easy access to major freeways. The property presents multiple versatile options with 2 warehouse offerings, 2 showroom offerings and in excess of 45 car parks.

• Building Size: 3,056sqm*

Jeremy Gruzewski 0422 211 021

• 45 car parks

Lucy Kuhne 0400 633 120

• Can be split for multiple uses • Exceptional exposure & signage opportunities • 2 warehouses & 2 showrooms

1356 Dandenong Rd, Chadstone Unrivalled Opportunity • Building Size: 440sqm* • Dual Frontages • Unlimited Exposure & Signage Opportunities • Rear Access

View

Jeremy Gruzewski 0422 211 021

Lucy Kuhne 0400 633 120

628-632 Smith St, Clifton Hill View

One With The Lot This superbly presented rare City Fringe building is situated in the popular & very funky Smith Street cafe & retail precinct. Take advantage of the high profile corner position, surrounding lifestyle and ultimate location to stamp your mark on an iconic character filled building. Lucy Kuhne 0400 633 120

Jeremy Gruzewski 0422 211 021

• Total Building Size: 2,042sqm* • Office/Warehouse/Studio/Retail Facilities over two levels • Prime city fringe location • A rare and unique offering • Fully fitted retail store ready for action • Operational commercial kitchen

22 Singleton St, Collingwood Converted Warehouse Office • First floor offering • Building Area: 410sqm* • Separate access with reception • Recently refurbished

View

Max Warren 0488 296 892

105A Rokeby St & 19 Glasshouse Rd, Collingwood Conquer The Creative Market • Flexible Building Area: 430 NLA over two titles* • Take one or both spaces on offer • End-Of-Trip facilities • Underground car parking

View

Max Warren 0488 296 892

Lucy Kuhne 0400 633 120

1/33-37 Hotham St, Collingwood Corner Collingwood HQ • Building Area available: 320sqm* • 3 secure car parks included • Full amenities throughout • Excellent natural light

View

Max Warren 0488 296 892

Lucy Kuhne 0400 633 120

15-17 Easey St, Collingwood Flagship Creative Space • Building Area: 1,200sqm* • Indoor/Outdoor over two levels • A+ End-Of-Trip amenities • Goods Lift available

View

Max Warren 0488 296 892

Lucy Kuhne 0400 633 120

15 Glasshouse Rd, Collingwood

UNDER OFFER Superb Creative Office • Building Area: 230sqm* • Parking: 1 secure space • Highly creative feel • Fully air conditioned

View

Max Warren 0488 296 892

2-8 Gough St, Cremorne (The Malt District) View

ING S A ! LE KLY C I QU

Only Two Tenancies Remaining An unrivalled retail opportunity with flexible retail shells in the untouched location of the Malt District. The iconic site will be supported by young people with high disposable incomes. Boasting clean open shells, exposed ceilings & concrete flooring provides the best base for your fit-out. Lucy Kuhne 0400 633 120

Jeremy Gruzewski 0422 211 021

• Retail Areas from 102sqm* - 107sqm* • Ready to move in today • Secure on-site parking • Surrounded by multi-national companies inc. MYOB, Carsales, Disney, Seek, Uber & Country Road • Suits a variety of uses (STPA)

168 Cremorne St, Cremorne (The Malt District) View

Cremorne’s Best New Creative Ground Floor Office This rare and exciting space promotes an opportunity for a tenant to establish and grow their business across a range of industries in a highly south-after and exciting location. The site boasts a clean open shell, exposed ceilings and concrete flooring. Lucy Kuhne 0400 633 120

Jeremy Gruzewski 0422 211 021

• Building Size: 303sqm* • Secure on-site parking • Outstanding exposure • Ready to move in and fit out today with generous incentives

24-26 Cubitt St, Cremorne View

Exceptional Offices with Brand New Fit-Out Floor Sizes: Second Floor: 262sqm* First Floor: 286sqm* Ground Floor: 234sqm* TOTAL: 782sqm*

• Incentives: Fit-out included as indicated by Fit-out plans

Max Warren 0488 296 892

• Join World Class Businesses

Jeremy Gruzewski 0422 211 021

• 3 Car Parks Included • First Class Amenity within Immediate Locality • Breathtaking CBD views

13 Cremorne St, Cremorne The Ultimate High Spec Office • Building Area: 200sqm* • 2 Car Parks • High Calibre Occupants • Private Balcony

View

Max Warren 0488 296 892

Jeremy Gruzewski 0422 211 021

First Floor, 9 Gwynne St, Cremorne Exceptionally Fitted-out Office • Building Area: 178sqm* • 2 Car Garage on Ground Level • Modern & Slick Professional Fit-Out • A+ Amenity with End-of-Trip Facilities

View

Max Warren 0488 296 892

4/10-18 Arthur St, Eltham Fantastic Retail/Office Opportunity • Total Building Area: 62sqm* • Includes kitchenette and amenities • Located in the bustling centre of Eltham • Ample parking

View

Lucy Kuhne 0400 633 120

248 Brunswick St, Fitzroy Retail in Heritage Masterpiece • Building Area: 61.5sqm* • Iconic Location & Building • Excellent Surrounding Amenity • Major Exposure on Busy Strip

View

Max Warren 0488 296 892

Suite 3, 187 Johnston St, Fitzroy

UNDER OFFER Major Showroom/Retail Opportunity • Building Area: 316sqm* • Immaculate Fit-Out • Rear Roller Door Access • A+ Natural Light & Height Throughout

View

Max Warren 0488 296 892

265-267 Barkly St, Footscray Ultimate Footscray Flexibility • Building Size: 530sqm* • Wide double frontage • Rear access with Garage/Storage • Suits variety of uses (STPA)

View

Lucy Kuhne 0400 633 120

98-104 Main St, Greensborough View

Get a Taste - Short Term 12mth Lease Located in the thriving pocket of Main Street are these ideally presented spaces. The properties are surrounded by national brands including Savers, Cash Converters and major Australian banks. Perfectly positioned a mere 350 metres from the Greensborough Train Station. Max Warren 0488 296 892

• Two Buildings Split 212sqm* & 400sqm* • 16 Private Car Parks On-Title • Exceptional Signage Opportunities • Affordable Short Term Leases • Automatic Door Entry & Exit • Immediate Proximity to Train Station

768-770 Glenferrie Rd, Hawthorn Ultimate Hawthorn Flexibility • Building size: 330sqm* • Double fronted shop • Suits a variety of uses (STCA) • Exceptional exposure

View

Liam Rafferty 0421 886 655

Lucy Kuhne 0400 633 120

87 Mount St, Heidelberg

UNDER OFFER Bold MontVue Medical/Cafe • 144sqm* external courtyard area • Hospitality ready • Dual bathrooms with DDA compliance • Perfect indoor/outdoor ratio

View

Max Warren 0488 296 892

Liam Rafferty 0421 886 655

91 Darebin St, Heidelberg View

Boutique Medical Opportunity This brand new ground floor space sits beneath boutique development Vive Heidelberg, and situated amongst the Heidelberg medical precinct. This tenancy is permitted for medical use and would suit specialist practitioners looking for their own exclusive space. Liam Rafferty 0421 886 655

Max Warren 0488 296 892

• Building Area: 114 sqm* • Secure on-site parking for 5 vehicles • Permitted for Medical Use • Medical grade plumbing capped to tenancy • 3 metre ceilings • Street front disabled access

1/533 Highett Rd, Highett Affordable First Floor Office • Building Size: 80sqm* • Secure Private Entrance • Heating & Cooling • On-Site Car Park

View

Liam Rafferty 0421 886 655

Ground Floor, 239 Lower Heidelberg Rd, Ivanhoe East

UNDER OFFER

Firing & Ready to Go! • Building Area: 250sqm* • Fitted & Firing • Grease Trap/Exhaust/Cool Room/Canopy • Rear Access & Parking

View

Max Warren 0488 296 892

177 High St, Kew View

King Of Kew Located in the heart of Kew surrounded by high profile tenants and many of Melbourne’s finest eateries at your door step. Equipped with lift access, DDA compliant toilet, storage shed, north facing terrace and fully fitted with brand new heating/cooling.

• Building Area: 245sqm* • Dual level with lift access • North facing balcony/terrace • Heating/cooling throughout • Suits variety of uses (STPA)

Lucy Kuhne 0400 633 120

16 Glenferrie Rd, Malvern Restaurant & Dwelling Ready to Go • Fully Fitted With Kitchen • First Floor Residence • Premium Malvern Location • Large retail area with bar at entry

View

Lucy Kuhne 0400 633 120

Rodney King 0422 839 870

1/91 Station St, Malvern Self-Contained Office • Premium Ground Floor Office • Moments From Train Station • Includes Office & Boardroom • 2 Undercover Car Spaces

View

Rodney King 0422 839 870

150-152 Waverley Rd, Malvern East Significant Corner Building • Main Road Corner Location • 2 Shops + 1st Floor Office • Lease Together or Separately • Areas from 139sqm* - 537sqm*

View

Lucy Kuhne 0400 633 120

Rodney King 0422 839 870

430 Waverley Rd, Malvern East Dual Level Office / Studio • Building Area: 159sqm* • Secure access • Separate internal staff amenities • Large open plan across two levels

View

Liam Rafferty 0421 886 655

434 Waverley Rd, Malvern East Boutique Retail Opportunity • Building Area: 84sqm* • Split across two levels • Great Main Road signage opportunity • Full staff amenities

View

Liam Rafferty 0421 886 655

Ground Floor, 185 Waverley Rd, Malvern East Period Shop Plus Storeroom • Lease Together or Separately • Ready to go • Shop: 42sqm* / Storeroom: 40sqm* • Shop has a small kitchenette and toilet

View

Lucy Kuhne 0400 633 120

Rodney King 0422 839 870

1391 Malvern Rd, Malvern Magic In Malvern • Building Size: 185sqm* • Large frontage • Exceptional exposure • Rear access

View

Lucy Kuhne 0400 633 120

30/456 St Kilda Rd, Melbourne Prime St Kilda Road Opportunity • Building Area: 72sqm* • 2 Private Car Parks • 3 Private Office Spaces • Central Heating and Cooling

View

Lucy Kuhne 0400 633 120

36/456 St Kilda Rd, Melbourne View

Affordable Boutique Office Space Situated along St Kilda Road’s prime office precinct. With close proximity to public transport this location is easy to access and benefits from numerous local cafés including on the ground floor of the building. Liam Rafferty 0421 886 655

• Building Area: 46sqm* • Partitioned office spaces • Located on the top floor • Kitchenette space • 1 secure car space

1.01/517 St Kilda Rd, Melbourne View

Ready To Go Medical Space The premises is located on the intersection of Commercial Road directly opposite the Alfred Hospital and forms part of a specialist medical building. With 5 prebuilt consulting rooms all with plumbing, along with two secure car spaces this tenancy is ready to go for medical practitioners. Liam Rafferty 0421 886 655

• Building Size: 106sqm* • Flexible floorplan with 5 consulting rooms • Two secure basement car parks • On-site staff facilities • Large communal waiting area on each floor • Public transport at your doorstep

42A/314-360 Childs Rd, Mill Park

UNDER OFFER Brilliant Main Road Exposure! • Total Building Area: 141sqm* • Includes kitchen and amenities • Ample on-site 24/7 free car parking • Suits a variety of uses (STCA)

View

Lucy Kuhne 0400 633 120

182 Commercial Rd, Prahran Blue Chip Retail • Building Area: 75sqm* • A+ signage opportunities • 15sqm* of prime frontage to major arterial Commercial Road • Neat canvas ready for fit-out

View

Max Warren 0488 296 892

Lucy Kuhne 0400 633 120

249A High St, Prahran View

6 Months Rent Free! First time in 17 years, this perfectly positioned premises in the prestigious High Street Prahran precinct. Located just 250m* from bustling Chapel Street and surrounded by exceptional operators.

• Building Size: 60sqm* • Exceptional exposure • Public transport at your door • Suits a variety of uses (STCA) • Great frontage to High Street • Clean shell with rear courtyard

Lucy Kuhne 0400 633 120

105 High St, Prahran View

Jeremy Gruzewski 0422 211 021

2/4 Williams Rd, Prahran Ideal Medical/Office/Consulting Suite • Building Area: 70sqm* • Ideal for medical or remedial health, allied health, dentist, administrative etc. • Kitchen and amenities included • Shared car parking facility included

View

Lucy Kuhne 0400 633 120

Level 1, Factory 2/13 Candlebark Cres, Research Brilliant Aspect • Office Area: 55sqm* • Open, spacious floor plan ready to occupy • Ample parking • Self-contained amenities

View

Lucy Kuhne 0400 633 120

9 David St, Richmond Ultimate Richmond Flexibility • Ideal Office, Gym or Hospitality Space • Building Area: 138sqm* • Outdoor seating permits • Significant street frontage

View

Liam Rafferty 0421 886 655

1/493-495 Church St, Richmond

UNDER OFFER Premier Corner Office • Building Area: 220sqm* • Excellent natural light from 3 sides • Surrounded by A+ Church St amenity • Blank canvas ready to fit-ou

View

Max Warren 0488 296 892

143 Church St, Richmond Premier Richmond Opportunity • Building Area: 82sqm* • Exceptional Transport Amenity • Adjoining Citizens Park • Rear courtyard for exclusive tenant use

View

Max Warren 0488 296 892

1/84 Glen Eira Rd, Ripponlea Affordable Office Suite • Building Area: 46sqm* • First floor suite • Excellent natural light • Open plan

View

Liam Rafferty 0421 886 655

68 Glen Eira Rd, Ripponlea The Perfect Shop/Dwelling • Building Area: 93 sqm* • Upstairs dwelling or office • Suits a number of different uses (STCA) • Public transport on your doorstep

View

Liam Rafferty 0421 886 655

60 Fryers St, Shepparton Make Your Mark in Shepparton • Building Size: 88sqm* • Exceptional exposure • Join national tenants • Suits a variety of uses (STCA)

View

Lucy Kuhne 0400 633 120

184 Maude St, Shepparton Superb Retail Ready To Go • Building Area: 120 sqm* • Including separate office and separate storage room • Exceptional exposure • Join national tenants

View

Lucy Kuhne 0400 633 120

24 York St, South Melbourne Ultimate South Melbourne Flexibility • Building Size: 266sqm* • Flexible floor plan • Two (2) car parks • Suits a variety of uses (STCA) Lucy Kuhne 0400 633 120

View

Jeremy Gruzewski 0421 211 021

68 Clarke St, South Melbourne View

South Melbourne’s Best New Retail This is an unrivalled commercial opportunity with flexible retail shells in the untouched, active, ground floor laneway of Market Lane. The retail component will service the 8,500sqm* of office tenants above.

• Floorplates from 63sqm* to 428sqm* • Occupy now • Superb South Melbourne location • Revolutionary 5 Star End-of-Trip facilities • Suits a variety of uses (STCA)

Jeremy Gruzewski 0421 211 021

Lucy Kuhne 0400 633 120

2.12/15-87 Gladstone St, South Melbourne Industrial Style Office Space • Office Area: 64sqm* • 1 car space • Excellent natural light • Air conditioned

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Lucy Kuhne 0400 633 120

3.21/15-87 Gladstone St, South Melbourne Industrial Style Office Space • Building Area: 85sqm* • Excellent natural light • Open plan • Immediate proximity to Melbourne CBD

View

Lucy Kuhne 0400 633 120

1.02/15-87 Gladstone St, South Melbourne Prime Office Location • Building Area: 63sqm* • Excellent natural light • Polished concrete floors • 1 secure car park

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Lucy Kuhne 0400 633 120

1.01/15-87 Gladstone St, South Melbourne Creative Industrial Style Office • Building Area: 44sqm* • Close to CBD, freeway, and light rail • Air conditioned • Café and Gym for Tenants use

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Lucy Kuhne 0400 633 120

1.06/15-87 Gladstone St, South Melbourne Industrial Style Office Space • Building Area: 65sqm* • Excellent Natural Light • Open Plan • Immediate Proximity to Melbourne CBD

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Lucy Kuhne 0400 633 120

Ground Floor, 51 Grosvenor St, South Yarra Creative On Grosvenor • Building Size: 200sqm* • Suits a variety of uses (STCA) • Exceptional exposure • Public transport at your door

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Liam Rafferty 0421 886 655

223 Commercial Rd, South Yarra View

Cracker On Commercial Located in the heart of South Yarra just a stones throw from Prahran Market and surrounded by exceptional retail operators and many of Melbourne’s finest eateries. The building presents exceptionally well with a clean shell and rear courtyard. Lucy Kuhne 0400 633 120

• Building size: 92sqm* • Suits a variety of uses (STCA) • Exceptional exposure • Public transport at your door • Flexible clean shell

364 Chapel St, South Yarra View

Affordable Food Ready Opportunity Located in the heart of Chapel Street just moments from Commercial Road and Prahran Market. The building is a clean shell with rear access, Grease trap and Exhaust provisions allowing any potential food operator a great head start. Lucy Kuhne 0400 633 120

• Building Size: 217sqm* • Food provisions • Exceptional exposure • Rear access with on-site parking • Suits a variety of uses (STCA)

Max Warren 0488 296 892

Level 1, 44 Caroline St, South Yarra Exclusive Whole Floor Office • Building Area: 200sqm* • 2 Car Spaces • Alarm and Intercom System • Lift Access

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Max Warren 0488 296 892

Jeremy Gruzewski 0421 211 021

Ground Floor, 19-21 Toorak Rd, South Yarra Double Fronted Hospo Opportunity • Building Area: 122 sqm* • Stamped Plans From Council Available • Double Shop Front • Large 9m Exposure to Toorak Road

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Max Warren 0488 296 892

6 Alma Rd, St Kilda Corporate Office Ready To Go • Building Size: 534sqm* • 10 car parks • Central heating/cooling • Public transport at your door

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Lucy Kuhne 0400 633 120

Max Warren 0488 296 892

21, 23 & 23A Fitzroy St, St Kilda View

Perfect Beachfront Gym/Showroom This hospitality fitted iconic beach fronted retail space stretches across 17m* of Fitzroy Street. Due to its exceptional natural light and large open plan, we believe the space would be perfect for a local GYM operator or large format retail showroom. Max Warren 0488 296 892

• Building Area: 320sqm* • Exceptional Street Exposure – Triple Fronted Shop • Oversize Floor to Ceiling Height • A+ Public Transport Options • First Rate Temperature Control with Three Massive Air Conditioning Units

6 & 6A Inkerman St, St Kilda Existing Hospitality + Dwelling • Total Building Area: 100sqm* • 2 Bedroom, 1 Bathroom Dwelling with Separate Access • Rear Courtyard • Pre-Existing Hospitality Fit-Out

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Max Warren 0488 296 892

509 Spencer St, West Melbourne Affordable City Fringe • Building Area: 160 sqm* • Retail / Office / Dwelling • Full amenities • On-site parking

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Liam Rafferty 0421 886 655

Factory 5 at 1A Windsor Place, Windsor Ultimate Windsor Gem • Building size: 80sqm* • Open plan • One car space • Great natural light

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Liam Rafferty 0421 886 655

45 Chapel St, Windsor View

High Exposure Shop & Residence Arguably the most popular end of Chapel Street, this area is renowned for its hospitality & nightlife. Surrounded by numerous well-known eateries and national tenants, now is the time to secure your position amongst the best. Liam Rafferty 0421 886 655

• Suitable for a variety of uses (STCA) • Building Area: 132 sqm* • All amenities in place • Rear access with off-street parking • Transport at your doorstep including Railway Station, Tram and Bus • High foot traffic

94 Chapel St, Windsor Affordable High Exposure Office • Building Area: 109 sqm* • Secure Car Park & Storage at Rear • Rear Access Via Laneway • A+ Windsor Amenity

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Max Warren 0488 296 892

24A Victoria St, Windsor View

The Citadel Off Chapel This property, dating back to 1883, was the first Salvation Army built citadel outside of London and used to home soldiers in its early inception. Split over two levels the property features dual boardrooms, side courtyard, central heating & cooling, bathrooms and functional kitchen space. Max Warren 0488 296 892

• Building Area: 275sqm* • Exquisite Fit-out Over Two Levels • Immaculate Amenities Inc. End-Of-Trip • Attached Garden Retreat • Heated, Polished Concrete Floors • Two striking Entries Providing Flexibility with the Floorplate

24C Victoria St, Windsor Church To Office Conversion • Building Area: 235 sqm* • Exquisite Fit-Out Over Two Levels • Modern Kitchen and Amenities • A+ Location In Thriving Windsor

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Max Warren 0488 296 892

R ECENT DEALS

â&#x20AC;&#x153;Aston Commercial provide an A grade servic mile to achieve the best result for their clie

20 Alphey Rd, Clyde North

70 Cambridge St, Collingwood

1/1027-1029 High St, Armadale

C01, 429 Bay St, Brighton

Want to fi

ce and go the extra ents every time.â&#x20AC;?

18-20 Chatham St, Prahran

258A & 264 Como Pde West, Parkdale

Shop 1 & 2, 182 Johnston St, Fitzroy

109/22 St Kilda Rd, St Kilda

find out more about these deals? Contact our team today.

A S TON BLOG

Commerc Dive or Fly

After the tumultuous journey of question is “what is the co market going to do?”. It’s a typ commencement of every year many hypothetical scenarios – e a dart board! Nevertheless, it i a view based on our past exper

In recent discussions with stakeholders, Client Landlords Banks and Professional Con a common thread of “bein reasonable”.

There is one certainty in th relationships will be strained m the Property Manager will be f additional level of professional through these issues. The CR framework for negotiations; how forever and not everyone choo rules.

The underlying reality is that the downward pressure on rents in sectors and to a lesser extent ind service businesses. We are alr tenants advising us up to 6 mon they will not be exercising their standard vacancy rate of predom space is around 46 tenancies, h at 83 tenancies as at the end o based on our sample, logic wo supply across the market and vacancy periods and a flatteni next 12 months in the office and

cial Property y

f 2020, the burning ommercial property pical question at the and is loaded with even some involving is important to have rience and intuition.

h many industry s, Tenants, Buyers, nsultants, there is ng adaptable and

hat landlord-tenant more than ever, and forced to endure an l service to navigate RS does provide a wever, it will not last oses to play by the

ere will be generally the retail and office dustrial and essential ready experiencing nths in advance that r lease options. Our minantly retail/office however, this is now of 2020. Therefore, ould suggest greater d therefore longer ing of rents for the d retail space.

Surprisingly, given the low interest rates on commercial loans and a plethora of superfund investors, there is a very active pool of buyers surging into the market. Yes, they may be a little cautious, however history has proven that “bricks and mortar” investment performs better over time when combined with return and capital growth. Expect buyer demand to continue to be solid. Marketing, negotiation experience and “thinking different” will be crucial. Investing less in marketing is a huge risk in this environment – how do you stand out from the pack? Our Team have continually considered various mediums to improve generating not only a higher level of enquiry but also better quality of enquiry. Our mantra of elite marketing for your property will become more decisive in capturing the right pool of tenants and buyer calls so that we can secure that right business for the vacancy or find that buyer that will be pay the premium price. As we commence our 2021 journey, it is important to remind ourselves about our core values around commercial property investment and that our Team aim to be your Trusted Adviser. We are not sitting on the fence, but I bet there will be those that will unfortunately “dive” and those that will “fly”. Now let’s get that dart board… Fred Nucara Director & Officer in Effective Control

Getting to know... Eleanor Krix (Senior Commercial Property Manager)

Q&A Q. What was your very first job? A. Working at KFC Q. If you could pick up a new skill in an instant what would it be? A. I would love to be able to sing Q. What’s your favourite memory from the past year? A. It would actually be sitting in lockdown on a Saturday night with my housemates/girlfriends drinking wine, listening to music and playing card games on repeat Q. What’s something you would like to do that you’ve never done before? A. Running through a field of puppies Q. If you had to pick one age to be permanently, which age would you choose? A. 23 or 24 as you’re still closer to 20 than to 30!

Q. If you cou which would A. Pinterest, I

Q. What’s th that you have A. Mexico

Q. Who do yo A. The Weste

Q. What’s on A. I have a ph

Q. Which sea A. Definitely S

Q. What is yo A. Tennis

he top destination on your must-visit list enâ&#x20AC;&#x2122;t been to yet?

ou follow in AFL? ern Bulldogs

HELLO

uld only have three apps on your smartphone, d you pick? Instagram and Uber Eats!

ne totally irrational fear that you have? hobia of bananas

ason is your favourite? Summer, I hate the cold!

our favourite sport to watch? 51

YOUR TEAM

Talk to Us.

Fred Nucara Director & Officer in Effective Control 0418 567 560 fred@astoncommercial.com.au

Liam Rafferty Senior Sales Executive 0421 886 655 liam@astoncommercial.com.au

Jeremy Gruzewski Director & Head of Agency 0422 211 021 jeremy@astoncommercial.com.au

Rodn Director 0422 rodney@astonc

Max Warren Sales Executive 0488 296 892 max@astoncommercial.com.au

Lucy Leasing 0400 lucy@astonco

ney King r of Agency 2 839 870 commercial.com.au

y Kuhne g Executive 0 633 120 ommercial.com.au

Better Service. Bigger Results.

Marc Hayden Director & Head of Property Management 0412 592 849 marc@astoncommercial.com.au

If you know us already, you’ll know that “a different way” is not just a line, but a commitment to the way we deal with our clients, run our business and carry ourselves in the eye of our customers. Our brand is more than just a logo...

Stephen Fischl Associate Director - Property Management 0437 526 985 stephen@astoncommercial.com.au

Aston Commercial Level 1, 107-111 High Street, Prahran 03 8532 2222 astoncommercial.com.au 53

*Approx.