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Stonebridge Property Group - Melbourne

Shop 11, 176 Elevation Boulevard Craigieburn, VIC 3064

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Shop 11, 176 Elevation Boulevard,
Craigieburn, VIC 3064

Shops & Retail • Showrooms & Large Format Retail • Offices

Price information

Sold

Contact Agent

Key property information

Floor area

Sold on

Stonebridge Property Group - Melbourne
Rorey James
Nic Hage
Sarah Xi 席子棠

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
Stonebridge Property Group - Melbourne
Shop 11, 176 Elevation Boulevard
Craigieburn, VIC 3064

Map of Shop 11, 176 Elevation Boulevard

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Affordable Entry Level Investments in Melbourne’s Booming Northern Growth Corridor

  • Vendor Favoured Net Leases
  • Fixed Rental Growth
  • Situated in Thriving Village
Stonebridge Property Group is pleased to offer for sale Shop 12, 176 Elevation Boulevard, Craigieburn (Aston Village).

The key highlights of the separate opportunities include:

Shop 11: SOLD PRIOR TO AUCTION

- Leased by Authentic Spices of India, a boutique Indian grocery store which has built up a strong local following

- 7-year net lease with favourable 4% fixed annual increases (ensuring fixed income growth)

- Well-exposed 75 sqm* retail space with favourable tenant signage

- Providing annual income of $48,672* + GST + Outgoings^

- Aston Village provides a high level of customer convenience with complementary on-site car parking (50 spaces) & surrounding ‘free’ council car parking.

Shop 12:

- Leased to Aston Falafel, a highly regarded restaurant boasting a 4.9 star Google review

- The modern restaurant strategically offers a dine in and takeaway food service

- Providing annual income of $48,377* + GST + Outgoings^

- Vendor favoured 10-year net lease with fixed increases of 3%

- The shop forms part of Aston Village, a strategically located retail centre positioned in Craigieburn's 'Southern Activity Centre'

Location:

- The position benefits from nearby public and private amenity, notably the $26m Elevation Secondary School (100 m*), Craigieburn Football Oval (60 m*), Aston Fields (115 m*) and two Childcare Centres (within 100 m*)

- Craigieburn forms part of the booming City of Hume – one of Australia’s fastest growing communicates with forecast 53% population growth by 2041

*Approximate
^ Income as 30th June-23

Shop 12, 176 Elevation Boulevard, Craigieburn (Aston Village) is offered for sale by Public On-site Auction on Wednesday 22nd March 2023 at 2:30pm (AEDT).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 5...

Rorey James
0439 400 0...

Sarah Xi 席子棠
0468 320 2...

Property Code: 599

Property ID: 504258296Last Updated: 2 Jun 2023

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