Burgess Rawson are pleased to offer to the market the Golden Hills Brewery, Diamond Creek VIC for sale via our Investment Portfolio Auction 165.
The property has the following investment highlights:
+ Ten (10) year Golden Hills Brewery net lease to April 2029 plus option to 2034.
+ Golden Hills Brewery: Owned and operated by Melbourne Food & Brew open 7 days a week providing in-house crafted beers, roasted coffee, bottle shop, event space and a restaurant catering to 260 patrons.
+ Melbourne Food & Brew: Providing Melbourne with a unique dining experience across their well-known locations including Hotel South Melbourne, New Northcote Brewhouse, Mr. Sister (Malvern East), Norwood Café and Middleman Coffee.
+ Modernised 752 sqm* building plus canopy with approved plans to extend further.
+ Private on-site parking for 19 cars accessed via Elizabeth Street.
+ Capital intensive fit-out and building extension funded by the tenant.
+ Prominent 1,730 sqm* freehold site with dual frontage and Activity Centre 2 Zoning Diamond Creek Major Activity Centre.
+ Important microbrewery, roasting, bakery and manufacturing permit plus liquor license to serve until 1am.
+ Strong, set-and-forget net lease structure with tenant responsible for all usual outgoings as per the lease.
+ Fixed, compounding 3% annual increases ensuring rental growth.
+ Superb central location in the heart of the Diamond Creek commercial precinct and surrounded by leading national businesses including Coles, Supa IGA, McDonalds, Shell, Priceline and Squires Loft.
+ Position perfect directly opposite Diamond Creek Train Station and moments to key social interest locations including Diamond Creek Football Club and Diamond Creek Outdoor Pools.
+ Diamond Creek: Stepping stone suburb to the Yarra Valley just 21kms* North-East from the Melbourne CBD with a median house price of $950,000^.
+ Net Income: $91,129 pa* + GST (at April 2024)
To be sold by Investment Portfolio Auction 165
10:30am AEDT, Wednesday 6 December 2023
Crown Casino, Melbourne VIC
For more information, please contact the exclusive selling agents below.
DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au
SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au
ROMANOR FALCONER
0413 830 808
rfalconer@burgessrawson.com.au
*approx.
**economy.id.com.au
^realestatate.com.au
