3/70 and 4&5/70 Batesford Road, Chadstone

4&5/70 BATESFORD ROAD, CHADSTONE

3/70 BATESFORD ROAD, CHADSTONE

Aston Commercial are pleased to present 3/70 and 4&5/70 Batesford Road, Chadstone for sale by Expressions of Interest closing on Wednesday 22nd of February 2023 at 3pm.

This is the perfect set and forget investment, a ground floor restaurant with a newly signed 5+5+5 year lease returning $36,000pa. The tenant, Danji, is a well-established Korean restaurant and popular eatery with 200+ google reviews at 4.6/5 stars. The 83 sqm* shop has a great fit-out with a commercial kitchen and seating area of 30+. Having already been operating for over 5 years, Danji has become a popular south-east secret serving all types of Korean food.

3/70 BATESFORD ROAD, CHADSTONE

4&5/70 BATESFORD ROAD, CHADSTONE

A brilliant opportunity to secure a flexible space, perfect for an owner occupier or investor ready to find a tenant to reap the rewards of a strong income. The level 1 space is located above Chadstone Market and presents with a cold shell fit-out leaving the next occupant an exciting opportunity to set up an office or other use catered to their needs.

The space offers ample amenity including male, female and disabled toilets with both lift and stair access leading to a 30 sqm* lobby. Beyond the lobby is 309 sqm* of space spanning 23 metres along Batesford Road which provides excellent natural light and signage.

Strategically located only 100m from the corner of Warrigal Road and Batesford Road.

LOCATION

70 Batesford Road is part of a development finished in 2016, that has over 200 apartments, large open plan office, Korean BBQ restaurant and Chadstone Market.

Strategically located only 100 metres from the corner of Warrigal Road and Batesford Road, the quickly growing hub is home to numerous shops, restaurants, education institutions and recreation spots.

Anchors to the area such as Holmesglen Institute, Malvern Valley Golf Course, Matthew Flinders Hotel and Chadstone Homemaker Centre draw many people and businesses.

Chadstone lies 14km southeast of the Melbourne CBD and is easily accessed by major thoroughfares such as the Monash Freeway, High Street and the Princes Highway.

Chadstone Homemaker Centre 400m Chadstone Shopping Centre 1.7km

3/70 BATESFORD ROAD CHADSTONE

3/70 Batesford Road, Chadstone has been purpose built as a restaurant including all necessary equipment such as grease trap, exhaust, commercial kitchen, toilets, storage and parking.

The restaurant has been made extremely presentable with features such as polished concrete flooring and black painted exposed ceiling. On the front and left boundary of the shop, floor to ceiling glass panes for maximum exposure whilst the remainder is exposed brick.

The shop also has two entrances, one from the main street and from the lobby allowing for both street parking and building parking to have easy access.

Common toilets are also accessible through the carpark.

3/70 BATESFORD ROAD CHADSTONE

A clean, brightly lit space along Batesford Road, Chadstone cooking up Korean inspired dishes with a modern twist. Having opened their doors just over 5-years ago, Danji has become a popular south-east eatery serving all types of Korean food.

The restaurant is open from 5:30pm-9pm daily as well as 11:30am-3pm Thursday to Sunday.

TENANCY PARTICULARS

4&5/70 BATESFORD ROAD CHADSTONE

4&5/70 Batesford Road, Chadstone is a flexible space which provides commanding frontage and natural light.

The first level space can be accessed by lift or stairs from the ground floor common area of the building. The space presents as a lobby with doors on either side leading to different areas allowing flexibility to utilize as 1 or 2 tenancies.

The space has concrete flooring and exposed ceiling allowing for a buyer or tenant to fit-out the office as they see fit. The space also has separate male, female and disabled toilets as well as 10 car spaces assigned to lot 4R and 15 spaces assigned to lot 5R.

Flexible retail/office or food & beverage use is the key to unlock its potential.

TITLE PARTICULARS

Office 4

Volume: 11867 Folio: 764

Lot 4R on Plan of Subdivision 724906M

Office 5

Volume: 11867 Folio: 765 Lot 5R on Plan of Subdivision 724906M

ZONING

Under the City of Monash Council Planning Scheme, the land is zoned Commercial 1 – CZ1.

TENANCY DETAILS

The property is being sold subject to vacant possession.

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