51A Main Road Monbulk VIC 3793

Shop & Retail
248 m²
Sold

Cellarbrations Liquor Freehold, 10 Year Lease Plus Options

Burgess Rawson are pleased to present to market the Cellarbrations at 51A Main Road, Monbulk VIC for sale via Investment Portfolio Auction 171.

+ 10 Year Lease to May 2029 plus options to May 2039
+ Fixed 3% annual rent increases assuring rental growth
+ Cellarbrations: Hugely successful independent liquor chain with 700+ stores the nation
+ Landlord preferred net structure with tenant paying usual outgoings as per Lease
+ Modern 248sqm premises constructed in 2017 with important rear loading
+ Capital intensive tenant fit-out
+ Excellent tax saving depreciation benefits
+ Large 384sqm premium Commercial 1 zone landholding
+ 4 Carparks on title
+ Strategic position amongst Woolworths, ALDI, Bendigo Bank, Australia Post, Amcal and Mitre 10
+ Monbulk: important Yarra / Dandenong Ranges township, 42 klms east of Melbourne CBD
+ Net Rent: $62,195 pa* +GST

For Sale by Investment Portfolio Auction
10:30am (AEST) on Wednesday, 18 September 2024
at Crown Casino, Melbourne

* Approx

AUCTION

Auction date and time	18/09/2024 10:30
Auction location	Crown Casino - River Room - Melbourne

Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	17 Sep 2024
Floor Area	248 m²
Land Area	384 m²
Parking	Ask Agent
Property ID	2019438672
Category	Shop & Retail
Last updated	19 Sep 2024

Map for 51A Main Road Monbulk VIC 3793

Nearest transport* to 51A Main Road Monbulk VIC 3793

Bus

Train

Tram

Ferry

Emerald-Monbulk Rd/Main Rd (Monbulk)	135 m
Main Rd/Monbulk Rd (Monbulk)	213 m
Menin Rd/Baynes Park Rd (Monbulk)	262 m
Menin Rd/Baynes Park Rd (Monbulk)	267 m

*Within a 4km radius

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Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	17 Sep 2024
Floor Area	248 m²
Land Area	384 m²
Parking	Ask Agent
Property ID	2019438672
Category	Shop & Retail
Last updated	19 Sep 2024

Co-Agents

Raoul Holderhead

Burgess Rawson VIC Pty Ltd

Call

0413 860 304

Justin Kramersh

Burgess Rawson VIC Pty Ltd

Call

0460 349 605

More about 51A Main Road Monbulk VIC 3793

51a Main Road Monbulk VIC 3793 is categorized as Shop & Retail Property. It has a floor area of 248 m² and a land area of 384 m². The listing ID for this property is 2019438672.