84-88 High Street,
Woodend, VIC 3442
Other
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Sold on
Return
Map of 84-88 High Street
Outstanding Commercial Freehold Building in Prime Location.
The current scarcity of commercial opportunities in Woodend is very well known, and those buildings that do become available are quickly snapped up.
This spacious and contemporary building, housing a very popular restaurant, is listed for auction.
In Woodend’s bustling High St, next to a busy bank, it has excellent exposure to pedestrian and vehicle traffic, and public transport users. The railway station is only a few hundred metres away, and the building is in close proximity to the iconic clock tower that marks the town centre.
A service road provides easy customer access and parking, while the frontage remains highly visible to users of the main thoroughfare.
Purpose-built as a fine dining restaurant, it has had fixtures and fittings of the highest quality installed. There is a full commercial kitchen with multiple cookers and a fryer, and a cool room. Maintenance and upgrades have been a priority, so the equipment is in excellent condition.
The building has been cleverly zoned for multiple uses. The large central bar and service counter acts as a hub and divider so that large functions and intimate dining are equally successful. The main dining room has a big gas log fire that is practical and beautiful. The décor is modern classic, with cement floors, bistro-style wood panelling and shelving, and white walls and ceilings. A separate bar area runs along the side, with full-height timber shelving. Outdoors, there is a wood-fired pizza oven and a fabulous courtyard area with built in benches and the option of exposed or covered dining.
With 29.81 m2 of floor space, it can accommodate around 80 seated patrons or 130 standing. The current tenants, since 2009, have recently signed a new lease through to 2018, with an option for two further 5 year terms.
The extensive list of chattels includes such items as bentwood chairs, assorted kitchen and serving ware, bar tables, décor items and a two-group coffee machine.
On two titles, the land measures 492 m2. Natural gas is connected.
The rent is $78,000 plus GST and outgoings. With a reserve of $1.2 million, this represents an impressive return of 6.5%.
Woodend’s development is currently under tight planning controls, so opportunities such as this are particularly rare and valuable.
This spacious and contemporary building, housing a very popular restaurant, is listed for auction.
In Woodend’s bustling High St, next to a busy bank, it has excellent exposure to pedestrian and vehicle traffic, and public transport users. The railway station is only a few hundred metres away, and the building is in close proximity to the iconic clock tower that marks the town centre.
A service road provides easy customer access and parking, while the frontage remains highly visible to users of the main thoroughfare.
Purpose-built as a fine dining restaurant, it has had fixtures and fittings of the highest quality installed. There is a full commercial kitchen with multiple cookers and a fryer, and a cool room. Maintenance and upgrades have been a priority, so the equipment is in excellent condition.
The building has been cleverly zoned for multiple uses. The large central bar and service counter acts as a hub and divider so that large functions and intimate dining are equally successful. The main dining room has a big gas log fire that is practical and beautiful. The décor is modern classic, with cement floors, bistro-style wood panelling and shelving, and white walls and ceilings. A separate bar area runs along the side, with full-height timber shelving. Outdoors, there is a wood-fired pizza oven and a fabulous courtyard area with built in benches and the option of exposed or covered dining.
With 29.81 m2 of floor space, it can accommodate around 80 seated patrons or 130 standing. The current tenants, since 2009, have recently signed a new lease through to 2018, with an option for two further 5 year terms.
The extensive list of chattels includes such items as bentwood chairs, assorted kitchen and serving ware, bar tables, décor items and a two-group coffee machine.
On two titles, the land measures 492 m2. Natural gas is connected.
The rent is $78,000 plus GST and outgoings. With a reserve of $1.2 million, this represents an impressive return of 6.5%.
Woodend’s development is currently under tight planning controls, so opportunities such as this are particularly rare and valuable.
Property ID: 501582349Last Updated: 4 Aug 2017
03 5427 43...
84-88 High Street
Woodend, VIC 3442
DaviesGladman Country Properties - WoodendSuite 3/39 Anslow Street
WOODEND, VIC 3442
WOODEND, VIC 3442
Contact Agency
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
