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Shop 8, 176 Elevation Boulevard
Craigieburn VIC 3064
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Sold on 17 Apr 2023

Shop 8, 176 Elevation Boulevard Craigieburn VIC 3064

  • Shop & Retail
  • 374 m²
  • Sold

2 x Set & Forget Investments with Long Leases Offered Separately

  • 10-Year Net Leases
  • Shop 5 = Restaurant
  • Shop 8 = Supermarket

Stonebridge Property Group is pleased to offer for sale Shops 5 & 8, 176 Elevation Boulevard, Craigieburn (Aston Village).

The key highlights of the separate opportunities include:

Shop 5 (Restaurant): SOLD

Shop 5 enjoys the benefits of three street frontages and outdoor seating, the modern restaurant is leased by the highly rated 'Lounge One 76'.

- The longstanding business has been operating since 2000 and boasts strong customer reviews

- Leased on a vendor favoured 10-year term with 3% fixed annual rental increases

- Open plan and well-designed 179 sqm* retail space with multiple access points

Shop 8 (Supermarket): SOLD

Shop 8 spans 195 sqm*, has the benefit of wide street frontage plus rear access, and is leased by a non-discretionary boutique supermarket.

- Leased by Baghdad Supermarket, a highly rated Mediterranean and Middle Eastern retail outlet with a strong local following & 4.5-star reviews

- Vendor favoured 10-year net lease with fixed 3.25% annual rental increases

Strategically located within the Aston Village retail precinct that provides a high level of customer convenience with complementary on-site car parking (50 spaces) + surrounding 'free' council car parking.

Location:

- The position benefits from nearby public and private amenity, notably the $26 m 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

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

Nic Hage
0448 782 594

Rorey James
0439 400 081

Sarah Xi
0468 320 297

Property Code: 598

Property Highlights

Date Sold17 Apr 2023
Floor Area374 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018361839
Category
Last updated  19 Apr 2023
Map for Shop 8, 176 Elevation Boulevard Craigieburn VIC 3064

Property Highlights

Date Sold17 Apr 2023
Floor Area374 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018361839
Category
Last updated  19 Apr 2023

Co-Agents

Rorey James
Rorey James
Stonebridge Property Group VIC
Call
+61 439 400 081
Nic Hage
Nic Hage
Stonebridge Property Group VIC
Call
+61 448 782 594
Sarah Xi 席子棠
Sarah Xi 席子棠
Stonebridge Property Group VIC
Call
+61 468 320 297

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