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192 Brandon Park Drive
Wheelers Hill VIC 3150
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192 Brandon Park Drive Wheelers Hill VIC 3150

  • Shop & Retail
  • 163 m²
  • Commercial Auction

THE ULTIMATE INVESTMENT OPPORTUNITY

  • Strong gross rental income of $68,310pa*
  • Leased until 2028 + options until 2038
  • Refurbished - high quality improvements

Aston in conjunction with AND Property, proudly presents 192 Brandon Park Drive, Wheelers Hill - an exceptional investment opportunity, securely leased to Il Desiderio, an authentic Italian restaurant renowned for its woodfire pizzas.

With a proven track record promising an unparalleled dining experience, this establishment is poised to attract a loyal clientele and contribute positively to the local culinary scene of Wheelers Hill.

The Features:

Single story property offering 163 sqm* of building area with access to seventeen (17) on-street car parks

Offering over 12 metres* of street frontage to Brandon Park Drive with additional rear access

Securely leased to experienced and successful operator with a passing gross rental of $68,310 per annum*.

Five (5) year initial lease expiring 31st March 2028, with a further two (2) additional five (5) year optional terms and is subject to 3.5%
increases annually

Leased to Il Desiderio, an esteemed addition to 192 Brandon Park Drive, this restaurant embodies the essence of Italian cuisine, offering an array of authentic dishes

The property is located in the heart of Wheelers Hill, surrounded by a large, loyal residential catchment that ensures consistent business from local residents

Favourable Commercial 1 Zoning (C1Z) allowing for a variety of future potential uses (STPA)

Positioned on the doorstep of the Monash Freeway, Eastlink, Wellington Road, Ferntree Gully Road, Springvale Road and Princess
Highway

For Sale by Public Auction on Friday 10th May at 12:00pm on-site.

Please contact a selling agent today to arrange your private inspection.

*approx

Supporting Documents

Floor Plans
Auction date and time10/05/2024 12:00
Auction location192 Brandon Park Drive, Wheelers Hill VIC

Property Highlights

Floor Area163 m²
Land Area181 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019175060
Category
Last updated  14 Apr 2024
Map for 192 Brandon Park Drive Wheelers Hill VIC 3150

Property Highlights

Floor Area163 m²
Land Area181 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019175060
Category
Last updated  14 Apr 2024
Tenancy 3, 8/80 Dorcas Street Southbank VIC 3006

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