84 Baxter-Tooradin Road,
Baxter, VIC 3911
Shops & Retail • Development Sites & Land • Offices
Key property information
Land area
Floor area
Tenure type
Sold on
Stonebridge Property Group - Melbourne
Level 19, 627 Chapel StreetSOUTH YARRA, VIC 3141
84 Baxter-Tooradin Road
Baxter, VIC 3911
Map of 84 Baxter-Tooradin Road
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 320 297
Property Code: 291
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 320 297
Property Code: 291
Additional information
External websites
Baxter, 3911 demographic data
2,166
Population
$1,493 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
Stonebridge Property Group - MelbourneLevel 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
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