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Stonebridge Property Group - Melbourne

99 Bikes, 1/200-208 Boundary Road Mordialloc, VIC 3195

99 Bikes, 1/200-208 Boundary Road,
Mordialloc, VIC 3195

Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial

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Stonebridge Property Group - Melbourne
Ian Lam 林煒峻
Harry Curtain
Rory Alexander
Nic Hage

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
Stonebridge Property Group - Melbourne
99 Bikes, 1/200-208 Boundary Road
Mordialloc, VIC 3195

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Mordialloc Large Format Retail Investment Leased by National Tenant

  • Brand New Lease with Options to 2040
  • Exposed to 36,000+ Vehicles Daily
  • Globally Recognised Tenant
Stonebridge is pleased to present ’99 Bikes Mordialloc (Melbourne)’ for sale via National Portfolio Auction on Friday 31 October at 11am (AEDT).

The asset has the following key investment features:

- Secure 3 year lease to 2028 plus 4 x 3 year options to 2040, with annual CPI rent increases

- 99 Bikes (Pedal Group) – Australia’s number one bicycle retailer, a wholly owned subsidiary of Pedal Group and backed by ASX listed Flight Centre, boasting a network of 75+ stores globally

- State-of-the-art showroom boasting recent refurbishments, ample car parking & a designated on title loading dock

- Central retail position in the heart of an affluent catchment that boasts 256,000+ residents within a 15min drive time

- High profile Boundary Road retail position exposed to 36,000+ vehicles daily

- Mordialloc – An established south east Melbourne suburb, 20km from the CBD and boasting a thriving retail, commercial and industrial hub

- Estimated Net Income $126,024 pa* + GST

‘99 Bikes Mordialloc (Melbourne)’ is for sale via National Portfolio Auction on Friday 31 October at 11am (AEDT).

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 1462

Mordialloc, 3195 demographic data

8,886
Population
$2,037 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households

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