BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Renowned 'Helenic House Project' Hospitality Freehold | New 5 Year Lease to 2031 Plus Options\nCBRE Private Wealth in conjunction with Greville Pabst as Transaction Advisor are pleased to offer to market 'The Hellenic House Project' at 515 Highett Road\, Highett VIC for sale via N ational Investment Portfolio Auction 184.\n\nThe property has the followi ng key investment highlights:\n\n+ New Five (5) Year lease from February 2026 to February 2031 plus Five (5) further Five (5) Year options to Febr uary 2056.\n+ The Hellenic House Project: fully licensed Greek inspired r estaurant brought to life by renowned chef 'George Calombaris' featuring two main dining areas\, two outdoor alfresco areas\, coolrooms and two fu lly equipped wet bars open 6 days a week until late.\n+ The dual-level 24 0 sqm* freehold restaurant is immaculately presented with a recent $1.5M ultra-modern refurbishment providing huge tax saving depreciation benefit s designed by award winning architect 'Billy Kavalaras'.\n+ Valuable 245 sqm* 'Commercial 1' zoning with 6.7m* street frontage and additional acce ss available via rear.\n+ Landlord-favourable\, set-and-forget 'net lease ' structure with tenant responsible for all usual outgoings excluding lan d tax.\n+ Fixed\, compounding 3% annual rent increases ensuring continued income growth.\n+ Lease secured by Bank Guarantee equal to 3 month's ren t + GST plus One (1) Director Guarantee.\n+ Prime position fronting 58\,8 00* passing cars weekly (1) plus moments to Highett Train Station (100m*) and major arterial Nepean Highway (250m*).\n+ Close proximity to major n ational brands including Woolworths\, Officeworks\, Anaconda\, Australia Post\, Cellarbrations plus Highett Shopping Centre.\n+ Highett: affluent south-eastern metropolitan Melbourne suburb located 16km from Melbourne C BD with a median house price of $1\,475\,000 (2)\n+ Net Income: $84\,225 pa* + GST\n\nFor Sale via Investment Portfolio Auction 184\n10:30am AEST Wednesday 13 May 2026\nGarden Room\, Crown Casino\, Melbourne\n\nDAVID NA POLEONE\n0417 308 067\ndavid.napoleone@cbre.com\n\nJAMIE PERLINGER\n0413 860 315\njamie.perlinger@cbre.com\n\nGREVILLE PABST - Transaction Advisor \n0419 326 361\nGpabst@grevillepabst.com.au\n\n* Approx\n(1) Gapmaps\n(2) *** DTEND:20260513T113000 DTSTAMP:20260415T075514Z DTSTART:20260513T103000 LOCATION:Crown Casino - River Room - Melbourne SEQUENCE:0 SUMMARY:Auction: 515 Highett Road\, Highett VIC UID:CRE-2020763563-Auction X-ALT-DESC;FMTTYPE=text/html:< title>

Renowned 'Helenic House Project' Ho spitality Freehold | New 5 Year Lease to 2031 Plus Options
CBRE Pri vate Wealth in conjunction with Greville Pabst as Transaction Advisor are pleased to offer to market 'The Hellenic House Project' at 515 Highett R oad\, Highett VIC for sale via National Investment Portfolio Auction 184.

The property has the following key investment highlights: < br/>
+ New Five (5) Year lease from February 2026 to February 2031 plus Five (5) further Five (5) Year options to February 2056.
+ Th e Hellenic House Project: fully licensed Greek inspired restaurant brough t to life by renowned chef 'George Calombaris' featuring two main dining areas\, two outdoor alfresco areas\, coolrooms and two fully equipped wet bars open 6 days a week until late.
+ The dual-level 240 sqm* free hold restaurant is immaculately presented with a recent $1.5M ultra-moder n refurbishment providing huge tax saving depreciation benefits designed by award winning architect 'Billy Kavalaras'.
+ Valuable 245 sqm* ' Commercial 1' zoning with 6.7m* street frontage and additional access ava ilable via rear.
+ Landlord-favourable\, set-and-forget 'net lease' structure with tenant responsible for all usual outgoings excluding land tax.
+ Fixed\, compounding 3% annual rent increases ensuring conti nued income growth.
+ Lease secured by Bank Guarantee equal to 3 mo nth's rent + GST plus One (1) Director Guarantee.
+ Prime position fronting 58\,800* passing cars weekly (1) plus moments to Highett Train S tation (100m*) and major arterial Nepean Highway (250m*).
+ Close p roximity to major national brands including Woolworths\, Officeworks\, An aconda\, Australia Post\, Cellarbrations plus Highett Shopping Centre. + Highett: affluent south-eastern metropolitan Melbourne suburb locat ed 16km from Melbourne CBD with a median house price of $1\,475\,000 (2)
+ Net Income: $84\,225 pa* + GST

For Sale via Investme nt Portfolio Auction 184
10:30am AEST Wednesday 13 May 2026
G arden Room\, Crown Casino\, Melbourne

DAVID NAPOLEONE
0417 308 067
david.napoleone@cbre.com

JAMIE PERLINGER
0413 860 315
jamie.perlinger@cbre.com

GREVILLE P ABST - Transaction Advisor
0419 326 361
Gpabst@grevillepabst. com.au

* Approx
(1) Gapmaps
(2) ***

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