Stanley, 63 Stanley Avenue,
Mount Waverley, VIC 3149
Shops & Retail
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Jones Real Estate - Australia
Level 8, 1 Elizabeth StreetMELBOURNE, VIC 3000
Stanley, 63 Stanley Avenue
Mount Waverley, VIC 3149
Map of Stanley, 63 Stanley Avenue
A 10 YEAR LEASE TO AN ICONIC OPERATOR
- 10 YEAR LEASE WITH OPTIONS TO 2038
- RETURNING $71,240PA + GST + OUTGOINGS
- 4% FIXED ANNUAL INCREASES
Jones Real Estate are pleased to present 'Stanley' | 63 Stanley Avenue, Mount Waverley.
For Sale via onsite Public Auction on Friday the 16th August 2019 at 1pm.
Located at the intersection of Stanley Avenue and Ian Grove, a tightly held retail strip in Melbourne's south east, the property is home to the well renowned café "Stanley".
Stanley was founded by Julien Moussi, Kristy- Lea Moussi and Stuart Deva, Melbourne hospitality icons whom have built some of Australia's award winning and premier venues including Tinker, MOB, Legacy, Bentwood, Winter, Clubhouse and Penta.
Key highlights of this remarkable investment opportunity include;
• Securely leased for 10 years to an iconic hospitality operator with options to 2038
• Returning $71,240 per annum plus GST plus Outgoings
• Six (6) month security bond
• 4% fixed annual increases
• Architecturally designed by award winning Ritz & Ghougassian Architects
• Total site area of 185sqm
• Commercial 1 Zone (C1Z)
• Exceptionally strong lease covenant with tenant generating $1,500,000 in revenue within the first 12 months of trading.
Please contact the listed agents for further information.
For Sale via onsite Public Auction on Friday the 16th August 2019 at 1pm.
Located at the intersection of Stanley Avenue and Ian Grove, a tightly held retail strip in Melbourne's south east, the property is home to the well renowned café "Stanley".
Stanley was founded by Julien Moussi, Kristy- Lea Moussi and Stuart Deva, Melbourne hospitality icons whom have built some of Australia's award winning and premier venues including Tinker, MOB, Legacy, Bentwood, Winter, Clubhouse and Penta.
Key highlights of this remarkable investment opportunity include;
• Securely leased for 10 years to an iconic hospitality operator with options to 2038
• Returning $71,240 per annum plus GST plus Outgoings
• Six (6) month security bond
• 4% fixed annual increases
• Architecturally designed by award winning Ritz & Ghougassian Architects
• Total site area of 185sqm
• Commercial 1 Zone (C1Z)
• Exceptionally strong lease covenant with tenant generating $1,500,000 in revenue within the first 12 months of trading.
Please contact the listed agents for further information.
Property ID: 503271726Last Updated: 29 Aug 2022
Jones Real Estate - AustraliaLevel 8, 1 Elizabeth Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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