Share this property

realcommercial.com.au
Stonebridge Property Group - Melbourne

84 Baxter-Tooradin Road Baxter, VIC 3911

Directions

84 Baxter-Tooradin Road,
Baxter, VIC 3911

Shops & Retail • Development Sites & Land • Offices

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Tenure type

Sold on

Stonebridge Property Group - Melbourne
Nic Hage
Sarah Xi 席子棠
Rorey James

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
Stonebridge Property Group - Melbourne
84 Baxter-Tooradin Road
Baxter, VIC 3911

Map of 84 Baxter-Tooradin Road

Directions

Affordable Mornington Peninsula Freehold Investment

  • Renewed 5-Year Lease
  • High Growth Location
  • Longstanding Tenant
Stonebridge Property Group is pleased to offer for sale 84 Baxter-Tooradin Road, Baxter.

Key highlights include:

- An entry-level Mornington Peninsula investment located in the heart of Baxter town centre

- The boutique shopping precinct is anchored by major supermarket (Woolworths) and Baxter Train Station, providing confidence in the longevity of the retail precinct

- Strong trading and longstanding eatery ‘Pizza This, Pizza That’ occupy the space and have recently renewed for a further 5-year term

- Pizza This, Pizza that is a highly established business boasting 863 Menulog reviews and a rating of 5.2/6

- Currently providing annual income of $32,120** + GST + Outgoings with fixed 4% annual rental increases

- Positioned on a 179 sqm* Commercial 1 Zoned landholding with rear lane access and free car park immediately to the front

- Baxter is a gateway suburb to the Mornington Peninsula and easily accessed via the Peninsula Link - the main arterial route connecting circa 48,000^ vehicles daily to the Peninsula and surrounding areas. The connectivity of the location is a major advantage for the current tenant who has a strong take away food trade.

*Approximately
** Income as at 2nd December 2021
^ Source: VicRoads

Are you interested in similar properties throughout Victoria’s southeast growth corridor? Click on the below link for a complete summary of the 12 properties within the Private Investor Portfolio:

https://stonebridge.com.au/privateinvestorportfolio/

84 Baxter-Tooradin Road, Baxter is for sale by Expressions of Interest closing Wednesday 20th October 2021 at 2pm (AEDT).To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group:

Nic Hage
0448 782 5...

Rorey James
0439 400 0...

Sarah Xi 席子棠
0468 320 2...

Property Code: 291

Additional information

Property ID: 503903874Last Updated: 3 Dec 2021

progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Stonebridge Property Group - Melbourne

Other properties you might be interested in based on the location and property type you are looking at.