20 SIXTH
AVENUE B U RW O O D
FOR SALE BY PUBLIC AUCTION ON T H U R S D AY 9 T H J U N E A T 1 2 : 0 0 P M O N S I T E
20 SIXTH
AVENUE B U RW O O D
CONTENTS 4. Introduction 6. Executive Summary 8. Location 12. Property Description 15. Property Particulars 15. Tenancy Details 18. Sale Method
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INTRODUCTION Aston Commercial are pleased to offer
This is a rare opportunity to secure a freehold
20 Sixth Avenue, Burwood for sale by
industrial warehouse in one of Melbourne’s
public auction on Thursday 9th June
most tightly-held inner suburban locations.
at 12:00pm on site.
The property features an impeccable brick warehouse of good proportion on a large parcel of land that allows for future expansion.
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Located within Burwood’s commercial/
The property is currently on a short term lease
industrial precinct, providing convenient access
allowing for immediate owner occupation.
to major arterial’s including Burwood Highway, Warrigal Road and the Monash Freeway.
Aston Commercial highly recommend this asset for your consideration.
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EXECUTIVE SUMMARY
20 SIXTH
AVENUE B U RW O O D
Premium inner suburban location just off Highbury Road near Burwood Highway, War rigal Road and the M1 Monash Freeway.
DESCRIPTION
AREA
Brick freehold warehouse with generous land & parking.
Building Area 185 sqm* Land Area 697 sqm*
LEASE
ZONING
Currently on month to month over holding lease allowing for owner occupation.
Industrial 1
METHOD OF SALE
TERMS OF SALE
Auction Thursday 9th June at 12:00pm on site.
10% deposit with the balance 30-60 days.
EXCLUSIVE SELLING AGENTS
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Rodney King
Jeremy Gruzewski
Director of Agency 0422 839 870 rodney@astoncommercial.com.au
Executive Director 0422 211 021 jeremy@astoncommercial.com.au
20 SIXTH
AVENUE B U RW O O D
LOCATION
Burwood is located 12km from the CBD of Melbourne and provides a mix of all property types including established residential, commercial and industrial properties. The property is located close to the major arterials including Warrigal Road, Burwood Highway, Toorak Road and Huntingdale Road and is in close proximity to Deakin University, Burwood Village shopping centre and only 4km to the world famous Chadstone Shopping Centre. The property is surrounded by prestigious schools including Mount Scopus and Presbyterian Ladies’ College, as well as recreational areas such as Wattle Park, Gardiners Creek Reserve, Riversdale Golf Club and Burwood Reserve. Also surrounding the area is an abundance of public transport options such as Burwood Station on the Alamein Line, the route 70 tram along Riversdale Road and the route 75 tram along Burwood Highway, and multiple bus options. It really is in a premium location.
SUBURB PROFILE Burwood’s Median House Price $1,383,500 (via realestate.com.au 28/4/22)
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THIS PREDOMINANTLY RESIDENTIAL SUBURB CREATES A TIGHTLY HELD INDUSTRIAL POCKET.
PROPERTY DESCRIPTION The subject property consists of an older style brick warehouse with new steel deck roof. The warehouse is approximately 185 sqm* with bathroom amenities. The front of the property provides ample parking with roller door access plus separate door entry.
There is an additional roller door to the back of the warehouse providing convenient access to the substantial hardstand rear yard. The premises sits on a generous allotment of 697 sqm*.
15.2m x 12.25m
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PROPERTY PARTICULARS TITLE PARTICULARS Lot 8 on Plan of Subdivision 065350 Certificate of title Volume 8515 Folio 850
LAND DIMENSIONS AND AREA Street Frontage Depth
15.2 metres* 45.7 metres*
Total Land Area: 697 square metres* *approx.
ZONING Industrial 1 under the city of Monash Planning Scheme.
TENANCY DETAILS The property is being sold with monthly tenancy.
TENANT BUSINESS NAME Grandcon Pty Ltd
CURRENT RENT $28,983 pa
TERM monthly tenancy
OUTGOINGS paid by tenant
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GARDINERS CREEK TRAIL CONNECTS TO THE YARRA AND ONTO THE CITY IN ONE DIRECTION, AND TO EAST MALVERN AND BEYOND IN THE OTHER DIRECTION.
GARDINERS CREEK TRAIL
20 SIXTH
AVENUE B U RW O O D
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AV
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Gardiners Reserve
SALE METHOD
20 SIXTH
AVENUE B U RW O O D
METHOD OF SALE
TERMS OF SALE
Auction Thursday 9th June at 12:00pm on site.
10% deposit with the balance 30-60 days.
INSPECTIONS
CONTRACT OF SALE & VENDORS STATEMENT
Strictly by appointment with the exclusive selling agents.
Available upon request.
EXCLUSIVE SELLING AGENTS
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Rodney King
Jeremy Gruzewski
Director of Agency 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
