The Wheels Cafe, 14 Adakite Drive,
Berwick, VIC 3806
Shops & Retail • Medical & Consulting • Offices
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
Private inspections
to arrange a private inspection.
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
The Wheels Cafe, 14 Adakite Drive
Berwick, VIC 3806
Map of The Wheels Cafe, 14 Adakite Drive
Train stations within 5 km of The Wheels Cafe, 14 Adakite Drive, Berwick, VIC 3806 Distance Berwick Station 2.3 km Narre Warren Station 2.8 km Beaconsfield Station 4 km POWERED BY HERE ©Bus stops within 5 km of The Wheels Cafe, 14 Adakite Drive, Berwick, VIC 3806 Distance Centre Rd 516 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-favourable 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.
+ 56 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
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-favourable 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.
+ 56 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: 22 Nov 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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