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Gorman Commercial Real Estate

Cellarbrations, 51A Main Road Monbulk, VIC 3793

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Cellarbrations, 51A Main Road,
Monbulk, VIC 3793

Shops & Retail • Showrooms & Large Format Retail • Other

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Gorman Commercial Real Estate
Dean Alexander

Gorman Commercial Real Estate

L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
Gorman Commercial Real Estate
Cellarbrations, 51A Main Road
Monbulk, VIC 3793

Map of Cellarbrations, 51A Main Road

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Long 10 Year Lease to 2029 – Cellarbrations Liquor Investment

  • 10 Yr Lease to 2029 + Options to 2039
  • Cellarbrations: 500+ Stores in AUS
  • Fixed 3% Annual Rent Increases
+ Long 10 Year Lease to May 2029 plus options to May 2039
+ Fixed 3% annual rent increases assuring rental growth
+ Cellarbrations: Hugely successful independent liquor chain with 500+ stores Australia wide
+ Highly sought after ‘essential service’ liquor investment
+ Landlord preferred net lease with tenant paying all usual outgoings as per Lease
+ Modern 248sqm premises constructed in 2017 with important rear loading
+ Excellent tax saving depreciation benefits
+ Recent $250,000 tenant fit out to Cellarbrations latest corporate standard
+ Large 384sqm landholding with premium Commercial 1 Zoning (C1Z) – 4 Carparks on title
+ Strategic position amongst Woolworths, ALDI, NAB, Commonwealth Bank, Bendigo Bank, Australia Post and Mitre 10
+ Yarra/Dandenong Ranges: 6.6 million overnight/day trip visitors in FY18/19 who spent an estimated $871 million
+ Net rent: $51,215 pa +GST

For Sale by Investment Portfolio Auction
11:00am (AEST) Wednesday 23 September

Property ID: 503626370Last Updated: 10 Nov 2020

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Gorman Commercial Real Estate
L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123

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