Stonebridge Property Group is pleased to offer for sale Shop 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 highly rated ‘Lounge One 76’.
- The longstanding business has been operating since 2000 and boasts strong customer reviews
- Currently providing annual income of $113,940 + GST + Outgoings*
- 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
- Currently providing annual income of $114,335 + GST + Outgoings*
- 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.
