BURWOOD
Private Sale
4. Buy Me 6. Executive Summary 8. Location 12. Property Description 13. Floor Plan 14. Property Particulars 18. Tenancy Details 22. Sale Method 3 BURWOOD CONTENTS two Sixth Ave.
Aston Commercial are pleased to offer 2 Sixth Avenue, Burwood for Sale via Private Sale 4 BUY
ME.
I’m
I’m spacious.
2 level freehold of 1,037 sqm*
I’m flexible. Invest or occupy/develop
5
rare. Large land 899 sqm* with rear access
EXCLUSIVE SELLING AGENTS Rodney King Director of Agency 0422 839 870 rodney@astoncommercial.com.au ZONING Industrial 1 Terms OF SALE 10% deposit with the balance 30-60 days *approx METHOD OF SALE Private Sale LAND AREA 899 sqm* LOCATION Premium inner suburban location just off Highbury Road BUILDING AREA 1,037 sqm* EXECUTIVE SUMMARY Jeremy Gruzewski Executive Director 0422 211 021 jeremy@astoncommercial.com.au 6 BURWOOD two Sixth Ave.
Best of Both Worlds - Secure long term lease
WITH flexibility to gain access after 18 months.
photo from R.O.W.
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 just off Highbury Road 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
source: realestate.com.au / December 2022
8
Step Back in Time with this enduring & Character-Rich Warehouse that has been operating as a glass factory and leadlight studio for decades.
PROPERTY DESCRIPTION
The subject property consists of a charming older style two-level brick showroom warehouse with stunning loft style ceilings and large windows allowing natural light to stream through the space.
The building is approximately 1,037 sqm, evenly split over the two floors. The first floor, entered via Sixth Avenue, consists of a large showroom area, offices, open plan working areas plus kitchen and toilet.
The lower level is currently a large warehouse with good height and a rear roller door accessed via a laneway off Highbury Road with bathroom amenities.
The front of the property provides off street parking. The premises sits on a generous allotment of 899 sqm*.
First Floor
12 12
Ground Floor
FLOOR PLAN *approx SIXTH AVENUE Ground Floor Vehicle entry from R.O.W. FIRST Floor Street Level to Sixth Ave
sqm* 13
TOTAL BUILDING AREA 1,037
PROPERTY PARTICULARS
TITLE PARTICULARS
The property is outlined on the Certificate of Title as follows:
Lot 1 on Title Plan 604572X
Certificate of title Volume 10528 Folio 462
ZONING
Industrial 1 under the city of Monash Planning Scheme.
AND AREA
LAND DIMENSIONS
Street Frontage 22.31 metres* Northern boundary Depth 39.62 metres* Southern boundary Depth 41.71 metres* Rear Boundary 22.25 metres* Total Land Area 899 square metres* *approx 14
Rear R.O.W Access Via Highbury ROAd
TENANCY DETAILS
The long-term tenant has signed a new lease that can be summarized as follow:
Tenant Business Name
Current Rent
Lease Term
Further Term
Rent Reviews
Outgoings
Ace Leadlight Studio Burwood Pty Ltd
$140,000 pa* plus GST
Five (5) years commencing 1st March 2023
One further term of five (5) years
Annual CPI increases
All applicable outgoings are paid by tenant
NOTE: Special Condition 15 of the lease allows for owner occupation and or development. Six months notice can be given after twelve months from lease commencement.
OVERVIEW OF TENANT
Ace Leadlight Studio, Melbourne
Ace Leadlight Studio (incorporating Jacob Waverley Glass) is a family run and owned business. First established in 1973 by Bob Savage, who still remains working within the business, it is now run by son Neil Savage with another son, Darren, working in the installation area of the business.
Ann (or Mum to Neil and Darren) works front-of-house. Glass is what the Savage family knows and they take great pride in their quality products and work.
www.aceleadlightstudio.com.au
18
Superb rear access with SLIDING DOORS.
EXCLUSIVE SELLING AGENTS Rodney King Director of Agency 0422 839 870 rodney@astoncommercial.com.au SALE METHOD Jeremy Gruzewski Executive Director 0422 211 021 jeremy@astoncommercial.com.au BURWOOD two Sixth Ave. Terms OF SALE 10% deposit with the balance 30-60 days CONTRACT OF SALE & VENDORS STATEMENT Available upon request METHOD OF SALE Private Sale INSPECTIONS Strictly by appointment with the exclusive selling agents 22
BURWOOD
two Sixth Ave.
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