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13/162 Whitehorse Road
Blackburn VIC 3130
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Sold on 14 Feb 2024

13/162 Whitehorse Road Blackburn VIC 3130

  • Shop & Retail
  • 88 m²
  • Sold

Long 10 Year Net Lease | Rare 4% Annual Rent Increases

    Burgess Rawson are pleased to present to the market Caseworld at Shop 13/162 Whitehorse Road, Blackburn VIC for sale via Private Treaty.

    The property has the following key highlights:

    + New 10-year lease to June 2033 plus options to 2043.
    + 6 month security bond plus personal guarantees.
    + Caseworld: successful technology repair, accessory and luggage retailer with a strong customer base and multiple locations in Victoria.
    + Landlord favourable net lease terms with tenant paying all usual outgoings.
    + Rare, fixed 4% rent increases, assuring rental growth.
    + Immaculate 88sqm* premises with modern tenant fit-out.
    + Perfectly positioned within the award winning Pace Group's Pace of Blackburn development, incorporating 289 apartments (100% sold), and complemented by supporting commercial users including Jefferies Supermarket, Jellis Craig, Uniting, UBX Boxing, Cignall, and Talon's Nail Salon.
    + Recent construction offering significant depreciation benefits.
    + Pace of Blackburn, delivered by Pace Development Group who have delivered more than 100 projects across Melbourne.
    + Whitehorse Road: major eastern suburbs arterial with an average of 37,000 vehicles passing daily** and high foot traffic.
    + Only 600m* from Blackburn Train Station and 2km* from the Eastern Freeway.
    + Surrounded by important social infrastructure including 9 schools servicing over 8,000 full-time students within a 2.5km radius.**
    + City of Whitehorse: major commercial and residential eastern region LGA, only 15km from Melbourne CBD and forecast to increase in population 20% to 216,317 by 2041.***
    + Net Income: $52,800 pa* + GST.

    For more information, please contact the exclusive selling agents below.

    SHAUN VENABLES
    0411 860 865
    svenables@burgessrawson.com.au

    DAVID NAPOLEONE
    0417 308 067
    dnapoleone@burgessrawson.com.au

    ROMANOR FALCONER
    0413 830 808
    rfalconer@burgessrawson.com.au

    *Approx
    **GapMaps
    ***forecast.id

    AUCTION

    Auction date and time06/12/2023 10:30
    Auction locationCrown Casino - River Room - Melbourne
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold14 Feb 2024
    Floor Area88 m²
    Land Area88 m²
    ParkingAsk Agent
    Property ID2018891479
    Category
    Last updated  14 Feb 2024
    Map for 13/162 Whitehorse Road Blackburn VIC 3130
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold14 Feb 2024
    Floor Area88 m²
    Land Area88 m²
    ParkingAsk Agent
    Property ID2018891479
    Category
    Last updated  14 Feb 2024

    Co-Agents

    Shaun Venables
    Burgess Rawson VIC Pty Ltd
    Call
    0411 860 865
    Burgess Rawson VIC Pty Ltd
    Call
    0417 308 067
    Romanor Falconer
    Burgess Rawson VIC Pty Ltd
    Call
    0413 830 808

    More about 13/162 Whitehorse Road Blackburn VIC 3130

    13/162 Whitehorse Road Blackburn VIC 3130 is categorized as Shop & Retail Property. It has a floor area of 88 m² and a land area of 88 m². The listing ID for this property is 2018891479.

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