Cellarbrations, 51A Main Road,
Monbulk, VIC 3793

Shops & Retail

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

Cellarbrations, 51A Main Road

Monbulk, VIC 3793

Map of Cellarbrations, 51A Main Road

Directions

Cellarbrations Liquor Freehold, 10 Year Lease Plus Options

Cellarbrations: 700+ Stores in AUS
Fixed 3% Rent Increases
Tenant Pays Usual Outgoings

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

Monbulk, 3793 demographic data

The median household income for Monbulk is $1,722, 9% lower than Greater Melbourne's household income of $1,901. Monbulk has an older age profile compared to the rest of Greater Melbourne (median age 41 vs 37). Property ownership data shows 53% of property owners in Monbulk have a mortgage.

3,651

Population

$1,722 per week

Median household income

41 years

Median age

Owners

Most residents

Families

Most households

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000