Share this property

realcommercial.com.au
Burgess Rawson - Melbourne

The Wheels Cafe, 14 Adakite Drive Berwick, VIC 3806

Directions

The Wheels Cafe, 14 Adakite Drive,
Berwick, VIC 3806

Shops & Retail • Medical & Consulting • Offices
Added 1 day ago

Price information

Sale - Auction Tue 10 Dec

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$33,675
Number of Tenants
1 Tenant
Tenants / Type
The Wheels Cafe

Auction

Add to calendar

Private inspections

to arrange a private inspection.
Burgess Rawson - Melbourne
Shaun Venables
David Napoleone

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
The Wheels Cafe, 14 Adakite Drive
Berwick, VIC 3806

Map of The Wheels Cafe, 14 Adakite Drive

Directions
  • Train stations within 5 km of The Wheels Cafe, 14 Adakite Drive, Berwick, VIC 3806Distance
    Berwick Station2.3 km
    Narre Warren Station2.8 km
    Beaconsfield Station4 km
    POWERED BY HERE ©
  • Bus stops within 5 km of The Wheels Cafe, 14 Adakite Drive, Berwick, VIC 3806Distance
    Centre Rd516 m
    Glenn Erin Way/Centre Rd (Berwick)534 m
    Heritage College Christian School/Centre Rd (Narre Warren South)572 m
    Applewood Pl/Wood Rd (Narre Warren South)682 m
    Bellevue Dr/Centre Rd (Berwick)950 m
    POWERED BY HERE ©
POWERED BY HERE ©

Long 10 Year Lease to 2034 Plus Options | Brand New Cafe Investment

  • New 10 Year Lease + Opts to 2043
  • High Profile Position Adjoining IGA
  • Fast Growing Estate in Berwick
Burgess Rawson is delighted to offer to market The Wheels Cafe at 14 Adakite Drive, Berwick VIC for sale via Investment Portfolio Auction 173.

The property has the following investment highlights:

+ Long Ten (10) year lease to July 2034 plus options to 2044.
+ The Wheels Cafe: A modern cafe open 7 days a week, with 5-star Google reviews, offering dine-in, takeaway, and catering services.
+ Immaculate recently completed quality tenant fit-out.
+ Dual-fronted 49sqm* retail premises situated in a high-profile location neighbouring IGA Supermarket, Direct Chemist Outlet, Bluebird Early Education, Medical, Dental and more.
+ Landlord-favorable lease terms with tenant paying usual outgoings.
+ Fixed, compounding annual 4% rent increases ensuring rental growth.
+ Lease includes 6 month Bank Guarantee plus Personal Guarantees.
+ Single tenant, minimum management investment.
+ Strategically positioned within the Alira Village Town Centre, neighbouring the rapidly growing Alira Berwick and Northern Wetlands residential estates.
+ New construction providing maximum tax saving depreciation benefits.
+ Position perfect: central to Berwick Station and Heritage College.
+ 45 communal lined car spaces on site.
+ Residential community of approximately 924 homes.
+ City of Casey, Melbourne’s major south-east growth LGA, with population forecast to increase 48% to 614,075 by 2046.**
+ Net Income: $33,675 pa* + GST.

To be sold via Investment Portfolio Auction 173
10:30am AEDT 11 December 2024
River Room, Crown Casino, Melbourne

SHAUN VENABLES
0411 860 8...
svenables@burgessrawson.com.au

DAVID NAPOLEONE
0417 308 0...
dnapoleone@burgessrawson.com.au

*approx
**forecast.id

Property ID: 504736732Last Updated: 14 Nov 2024

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Burgess Rawson - Melbourne

Other properties you might be interested in based on the location and property type you are looking at.