Teska Carson is pleased to present Level 1, 250 Charman Road, Cheltenham for Sale or Lease. This expansive, light-filled office/showroom, positioned in Cheltenham's booming retail and business precinct, is perfectly suited to the astute owner-occupier or investor.  - Significant whole-floor of 680m2* with 13 secure car spaces - Activity Centre Zoning suitable for multiple users - Large open-plan showroom area and partitioned office with large board room  - High exposure location on the corner of Charman Road and Blagdon Street  - 150 metres to Cheltenham Station - Close proximity to main arterial roads  - Short-term month-to-month lease For more information or to arrange an inspection, please do not hesitate to contact the listing agent.   

7,319 sqft

Cheltenham

Teska Carson is pleased to offer Ground Floor, 165 Gladstone Street, South Melbourne for Private Sale. Situated underneath BPM Corp’s ‘Night Fall’ project, this is an incredible opportunity for owner occupiers and investors to secure a ground floor commercial office/retail space in a proven and sought after location. Key attributes of this offering include: - Perfect owner occupier or investment opportunity situated in the sought-after suburb of South Melbourne - A total building area of 102sqm* - Offered as a cold shell and with vacant possession, allowing ultimate flexibility for potential purchasers to fit out to their specifications - Benefiting from double-height windows, great natural light throughout and a flexible open floorplate, the property provides for a variety of uses including office, retail, medical or hospitality (STCA) - Forming the ground floor component of BPM Corp’s successful ‘Night Fall’ development, comprising 45 apartments and 1 commercial unit - Proximity to all forms of public transport including Montague Street Light Rail Station (250m) as well as buses along Montague Street and City Road *approximate Please call for further information. Luke Bisset ... Reece Israel ...

1,098 sqft

South Melbourne

Gross Waddell ICR is delighted to present to the market this permit approved redevelopment opportunity within the Blue-Chip residential suburb of Malvern East, located close to a host of enviable lifestyle amenities and more. • Recently approved permit for apartment development with ground floor retail over 6 levels • Superbly designed project by renowned Melbourne architects Ascui & Co. • Project comprises NSA of 2,115sqm (apartments) with blend of 1,2 and 3 bedrooms plus 2 retail units • Total landholding of 817sqm* currently improved by two commercial properties with potential to generate income • Flexible Commercial 1 (C1Z) zoning allowing a host of end uses and alternative development outcomes (STCA) • Located in active precinct close to Holmesglen train station, bus networks, shops and cafes, Holmesglen Institute, Chadstone shopping centre, Monash Freeway and more For further information or to organise an inspection please contact please contact the team at Gross Waddell ICR directly.

lot 8,794 sqft

Chadstone

Teska Carson is pleased to present Shop 30/25 Separation Street (Northcote Plaza), Northcote for Private Sale. Positioned in one of Northcote Plaza’s busiest corridors, Plaza Deli is a local favourite returning $52,228 annually. This rare acquisition opportunity provides potential purchasers the ability to secure a flexible commercial investment in one of Melbourne premier Northern retail precincts. Northcote Plaza is a thriving shopping centre anchored by two Coles Supermarkets, and over 60 specialty stores attracting more than 5 million customers annually. 900+ car spaces surround the shopping centre and bus and tram services are available from nearby High Street and Separation Street. - Area: 98sqm - Income: $52,228 + GST & Outgoings - 900+ car spaces - 60 specialty stores For more information please don't hesitate to contact the listing agents.

1,055 sqft

Northcote

Teska Carson is pleased to present Shop 2, 218-224 High Street, Ashburton for sale by Expressions of Interest.  Positioned on the thriving High Street Ashburton Village retail strip, this outstanding entry-level investment is ideal for the astute investor.  Key points of the offering:  - Income: $45,540 p.a. (as at 01/12/2023)  - Lease Term: 3 + 3 + 3 years (commenced 01/12/2022) - Annual Increases: 3.5% - Build Area: 87sqm - On-site car park on title For further information or to arrange an inspection, please do not hesitate to call.  

936 sqft

Ashburton

Buy a strata titled secure car space before prices go up! Sydney Airport is back and the Park & Fly business is soaring! Sydney Airport, Australia's busiest airport, is booming with travel expected to return bigger than ever. A selection of single and double car spaces. Leased to Park N Fly under a robust, long-term agreement, presenting an enticing and secure investment prospect. Park N Fly is renowned for its dependable and secure parking services, catering to travellers year-round, offering seamless access to Sydney Airport. Their commitment extends to providing complimentary shuttle services for the convenience of their patrons. Benefits: - Profit From Growth - Sydney Airport Location - No Management Fee - 8 allocated car washing bays - Park N Fly pay all expense except strata levies and council rates - Secured and patrolled, well-lit with 24-hour security With this lucrative lease agreement in effect, the purchaser can look forward to a consistent and reliable income source. Each owner will share in the profits of the car parking operation, which are paid quarterly. Great way to enter the Sydney property market or add to your existing portfolio. Potential Annual Income of over $5,600* for a single and $11,200* for a double *prior to covid. Outgoings: Council rates for single car space : $173 per quarter Strata levy for single car space : $76 per quarter Council rates for a double car space: $196 per quarter Strata levy for a double car space: $140 per quarter To acquire more information, don't hesitate to contact Gavin Sanna at ...

301 sqft

Mascot

Gross Waddell ICR and MMJ real estate recommend shop 5 at 108 Glen Iris Road in Glen Iris, for auction. Located on the ground floor of the boutique complex, directly opposite Ferndale Park. Currently vacant, suitable for investors, owner-occupants. Property features include: · The total construction area is 106 square meters · 2 underground parking spaces · Suitable for retail, catering or office use · Located on the main road, directly opposite Ferndale Park · Located on the ground floor of the boutique Iris Apartment complex, there are 36 luxury apartments and 5 retail outlets · vacant · Suitable for investors, owners for their own use

1,141 sqft

Ashburton

POINT OF INTEREST: Sale Price - $420,000* Lease Price  - $29,000 per annum* Situated within the Port IT business park in the Fisherman's Bend precinct of Port Melbourne, this 112sqm* self-contained office provides an excellent opportunity for owner occupiers, investors and tenants to secure a property within an ever-evolving city fringe suburb. Located only 2.5km* from the Melbourne CBD, and within close proximity to major arterial roads including CityLink, Westgate Freeway and Tullamarine Freeway, A2.1, 63-85 Turner Street offers unparalleled accessibility and functionality. - 112.6sqm* total floor area. - 3 on-site car spaces. - Open plan & partitioned work spaces. - Kitchenette and toilet amenities. - Excellent natural light. POINT OF VIEW: Port Melbourne's accessibility from all across Melbourne is one of the key drawcards for the suburb. Add in the exceptional value to be found within its commercial and industrial precinct and it's a recipe for future success! *Approx. Pricing excludes GST

1,206 sqft

Port Melbourne

Teska Carson recommends shops 1, 2 and 3 at 95 Bell Street in the Coburg area. Located around the corner with high foot traffic. Property features include: · 5 + 5 + 5 rental terms · Annual revenue of $103,000 · Building area 150 square meters · The flow of people is large, a total of 25 meters frontage · Long-term business

1,615 sqft

Coburg

Gross Waddell ICR recommends this development located in the high-density residential/commercial area of South Yarra . You can choose to add value, use it for your own use or invest in it. Property features include: · The land area is 745 square meters, about 18 meters frontage Claremont Street · The height limit is 50 meters · Located in a prime location in South Yala, approximately 3.5 km from Melbourne CBD · The current facility is a two-storey commercial building, including a warehouse with a total area of 1,375 square meters, plus a carport, with the opportunity to renovate and expand (subject to approval by the City Hall) · Blue chip location within walking distance to public transport, shops, coffee shops, restaurants, prestigious private schools · Suitable for developers, self-users, investors · Flexible terms Sale, unsolicited bidding, deadline Wednesday, May 3, 2023 at 3pm.

14,800 sqft

lot 8,019 sqft

Richmond

Gross Waddell ICR recommends a boutique office at 7 Jeffcott St, West Melbourne. Located on the 2nd floor, the office is 49 square metres with views from King Street to Flagstaff Gardens. There are floor-to-ceiling glass windows with good lighting. There are plenty of amenities nearby, such as restaurants, public transport including the tram stops on La Trobe and Williams Street, and walking distance to Flagstaff train station. Property features include: · Building area 49 square meters · Good lighting · Quality facilities · Secure channel · Close to public transport · Currently vacant

527 sqft

Footscray

USD 20,733

Unique opportunity, side by side car spaces (Approx. 13sqm each) These secure carspaces are situated right next to Sydney Airport, currently leased to Park N Fly under a long-term agreement, making them attractive and secure investment opportunities. Park N Fly offers reliable and secure parking services throughout the year for travellers to and from Sydney Airport. They also provide complimentary shuttle services to their customers and car wash bays. With this lease agreement in place, the purchaser can benefit from a stable income stream. Benefits: - Profit From Growth - Sydney Airport Location - No Management Fee - 8 allocated car washing bays - Park N Fly pay all expense except strata levies and council rates - Secured and patrolled, well-lit with 24-hour security Income 2023 was $1,484 for 12 months Outgoings for single car space: Council Rates: $173/Q ($692 PA) Strata Fees: $76/Q ($304 PA) Net return for 2023 was $488 (Single Car Space) For more details reach out to Gavin Sanna on ... Disclaimer: We have in preparing this document, used our best endeavours to ensure that all the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements contained in this document.

279 sqft

lot 279 sqft

Mascot

4 PRESTIGIOUS PARIS - END RETAIL INVESTMENTS - BUY ONE OR BUY ALL   Gross Waddell ICR, with Charter Keck Cramer acting as Transaction Advisor, are thrilled to be selling 4 extremely coveted retail investments in Melbourne’s prestigious East End. Forming part of the iconic Georges Apartment development, the properties are ideally positioned amongst premium grade office towers, residential buildings, global retailers, hotels, restaurants, bars and cafes. These generational trophy assets are fully leased and offered for the first time in almost 30 years. • PRIME RETAIL INVESTMENTS- 4 individual retail assets within the iconic Georges Apartment development, offering the opportunity to buy them individually or collectively • POWERHOUSE RETAIL TENANTS- Fully leased with tenants including the highly acclaimed Il Bacaro restaurant who has occupied this prime location since 1995, in addition to 3 contemporary fashion boutiques • DIVERSIFIED INCOME PROFILE- 100% leased offering significant income with future upside, ranging from $52,000 to $475,129* net per annum • SCARCITY FACTOR- Held by the one Family since completion, the properties sit within the tightly held Little Collins precinct with prime exposure to a thriving pedestrian thoroughfare • A WORLD CLASS ADDRESS- The epicentre of Melbourne’s East End cosmopolitan and corporate precinct • COSMOPOLITAN HOT SPOT- Little Collins Street is home to the most electric and in demand cafes, restaurants, bars and fashion boutiques • EPITOME OF LUXURY AND ELEGANCE- Merely meters to Melbourne’s home of luxury retailers including Louis Vuitton, Gucci, Dior, Bottega Veneta plus many more • ULTIMATE ACCESSIBILITY- Well-serviced by public transport including Collins Street, Spring Street, Swanston Street and Bourke Street tram networks, Flinders Street and Parliament Train Stations and nearby the future Town Hall Metro Train Station Offering potential to buy the retail investments individually or collectively, the properties are for sale via Expressions of Interest closing at 3:00 pm on Thursday the 23rd of November 2023. For further information or to inspect the properties, please contact Gross Waddell ICR directly. *approx.

Melbourne

Great investment opportunity with potential for added value. It has been leased to NAB since it was built 30 years ago, and the tenant has signed a new 4-year lease that can be renewed. Property features include: · The building area is 396 square meters · Land area 680 square meters · About 16 meters frontage - Brook Street · The tenant is National Australia Bank · The current rent is $120,000 per annum, plus GST · The tenant pays other fees, including land taxes · There is potential for added value · The tenant has been living in the house for more than 30 years

4,263 sqft

lot 7,319 sqft

Sunbury

Gross Waddell ICR has teamed up with Commercial Business Sales and Property Valuers to recommend this industrial facility. Less than 10km from Melbourne's CBD and easy access to major roads including Westgate Bridge/Freeway, Princes Freeway and City Link. Property features include: · The building area is 690 square meters · Land area 972 square meters · vacant · Industrial Zone 1 · carport · Suitable for owner's own use · Good location, easy access to main road and Melbourne CBD Live auction on Wednesday, July 26 at 12 noon.

7,427 sqft

lot 10,463 sqft

Newport

POINT OF INTEREST: Affordable ground floor space within the renowned Nightingale 1 residential and commercial development, urban aesthetics meets high-tech sustainability thanks to the award-winning design by Breathe Architects. The space up for sale is 53 sqm* of retail or office opportunity, with the finishes reflecting the modernity of the building’s purpose. The unique approach embraces shared spaces for maximum collaboration, and this space is no exception. The package includes access to the communal rooftop terrace, hydronic heating, polished concrete floors, and bike storage. Sitting just off Sydney Road (and therefore the 19 tram), we’re predicting that the tenant already knows that I Love Dumplings, Little River Espresso, and Anstey railway station are within a five-minute walk. -    53 sqm* ground floor building area. -    Commercial 1 zoning. -    Street exposure. -    Situated within a premier mixed-use development. -    Hydronic heating included. -    170 m* to Sydney Road. -    5.9 km* to the Melbourne CBD. -    60 m* to Anstey Railway Station. POINT OF VIEW: There’s the kind of exposure that’s visual; like the view to the Upfield line and Albion Street. And then there’s the exposure to other like-minded individuals and businesses in a shared space. How Brunswick. *Approx. Pricing excludes GST

570 sqft

Brunswick

POINT OF INTEREST: An investment so grand it’ll return plenty more than that; this is industrial equity on an even bigger scale. The three street frontages should set the scene on the grandiose nature of the asset, and to back it up — there’s 2,319 sqm* of land and 1,748 sqm* of building area to be bought here. The wide, square shape of the building makes for ideal clearspan warehousing, with dual roller door access and great truck loading and maneuverability a given thanks to the amount of real estate here. There’s a significant hardstand at your disposal, leveraging ample car spaces too. With that said, it’s no wonder it’s occupied — the tenant is Refresco Australia Pty Ltd and has been here since October 2011. The leasing income currently stands at $152,980.90 plus GST & Outgoings, with an annual increase of the lesser of CPI or fixed amount of 3%. Whether you’re looking to keep it this way, or perhaps move in at a later date — getting here is as simple as jumping on the Tullamarine Freeway, Western Ring Road, or landing at Tullamarine Airport. - Current rent return of $152,980.90 plus GST.  - Lease term : Three years from 1st October, 2022. - Further term: Three Years. - 2,319 sqm* total land area. - 1,748 sqm* total building area. - Commercial 2 zoning. - Three street frontages. - Secure steel fences and wide electric gate. - Dual roller door access with large hardstand. - 1.8 km* to Western Ring Road. - 3 km* to Melbourne Tullamarine Airport. POINT OF VIEW: Quite literally, three out of four sides — making this building 50% more exposed than the standard commercial offering. And with a floorplan over 2.3K sqm*, if you’re not shy about taking up real estate, this asset isn’t either. *Approx. Pricing excludes GST

18,815 sqft

lot 24,962 sqft

Tullamarine

Teska Carson is pleased to present 305 High Street, Prahran for private sale. Key considerations for this rare opportunity are as follows: - Exceptional multi-level commercial building that would suit owner occupiers, developers or investors - Situated in the beating heart of Prahran and only a short walk to Chapel Street - Short term leases in place until 23/11/2024 - Returning $238,627 p.a. plus Outgoings & GST - Commercial 1 Zone (CZ1) and the rear within a General Residential Zone (GRZ12) - Excellent transport links via High Street trams, Prahran Train Station and major thoroughfares including High Street, Williams Road and Dandenong Road - Secure parking for up to twelve (12) cars at the rear of the premises - Build area: 524m2 - Land area: 612m2 Please do not hesitate to call for further information or to arrange an inspection.

5,640 sqft

lot 6,588 sqft

Prahran

Teska Carson recommends shops 5 at 435-437 Sydney Road in Coburg as a great investment opportunity for long-term tenants Australia Post. Property features include: Rent is $105,000 per year · The tenant pays other fees, including land taxes · Lease period 3 + 3 + 3 years · Australia Post has been here since 2002 · The building area is 298 square meters · Bustling location close to Coles, Woolworths, Bakers Delight

3,208 sqft

Coburg

POINT OF INTEREST: Set in prime corner position at the front of one of Richmond's premier business addresses, Unit 1 at 45 Vere Street offers its next occupier the chance to turn the key and walk into a superbly fitted office space and get to work from day one. Bathed in natural light from three sides, the building is comprised of private offices and meeting rooms, substantial open plan work areas, comprehensive staff amenities, and is further enhanced by a west-facing balcony and rooftop terrace that both feature views of the Melbourne city skyline.  - 261sqm* net floor area - 3 secure garage car spaces / storage  - Available with existing fitout  - Premium end of trip and staff facilities - Abundance of natural light from 3 sides - Rooftop terrace and balcony with CBD Views  - Natural ventilation and ducted reverse cycle heating and cooling throughout - Minutes from public transport including West Richmond train station and Church St & Bridge Rd trams - Additional car parking available in nearby Richmond Traders. POINT OF VIEW: Beyond the office, you're surrounded by some of the best lifestyle amenity in the city fringe. Bridge Road & Swan Street are just minutes from your door, whilst there's plenty in close proximity with the newly renovated Kingston Hotel and Hector's Deli a short stroll for your lunches and after work activities. Please contact conjunctional agents CVA and Savills for further information or arrange an inspection.     *Approx. Pricing excludes GST

2,809 sqft

Richmond

3 x retail properties offered individually or as one. Gross Waddell ICR and Steveway are pleased to present a great opportunity to purchase an imposing property consisting of three retail shops providing a passing income of $68K* with further upside or to purchase individually. Located in the tightly held Auburn Village precinct, the property benefits from its proximity to Swinburne University and Auburn Train Station literally minutes away. • 137 Auburn Rd leased to 2026 returning 23.5K p.a. with 4% annual increases • 139 Auburn Road leased to 2026 returning 25.8K p.a. with 3.5% annual increases • 141 Auburn Road leased to Dec 2024 Suit investors and potential owner occupiers For Private Sale. For further details or to organise an inspection, please contact the exclusive marketing agents at Gross Waddell ICR or Steveway. *Approx.

1,615 sqft

lot 829 sqft

Kew

This is an extremely well priced investment opportunity. Owner is motivated to sell for under what they bought it for, so make an offer. These secure double sized carspaces are situated in close proximity to Sydney Airport, currently leased to Park N Fly under a long-term agreement, making it an attractive and secure investment. Park N Fly offers reliable and secure parking services throughout the year for travellers to and from Sydney Airport. They also provide complimentary shuttle services to their customers. With this lease agreement in place, the purchaser can benefit from a stable income stream. Income, last 3 years for a double car space: 2021 was zero for 12 months due to covid 2022 was approx. $1,800 for 12 months 2023 was $2,896 for 12 months Even though this is below the pre-covid levels the gradual trajectory is upwards and I'm sure will continue going up. Outgoings for a double car space: Council Rates: $196/Q for double ($784 PA) Strata Fees: $140/Q for double ($560 PA) Net return for 2023 was $1,552 (Double car space) For more details or to arrange an inspection, kindly reach out to listing agent Gavin Sanna on ... Disclaimer: We have in preparing this document, used our best endeavours to ensure that all the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements contained in this document.

570 sqft

lot 570 sqft

Mascot

POINT OF INTEREST:   While others are interested in the postcode, astute investors have recognised the seismic and strategic opportunity in seizing a long term tenanted whole floor investment in prestigious city fringe suburb.   Comprising 234 sqm* and returns $100,700.00 per annum on a five year lease term to BWA Accountants and Advisors. And no one’s surprised why they’ve set up shop here. There is an open-air entertaining area, high bay windows and ceilings, lift access, and a contemporary design, three sides of natural light, but the most compelling unique selling point is what sits outside the office. River Street sits moments from Toorak Road, Chapel Street, and the Como Centre — pointing to an enviable work lifestyle where amenity is of the highest calibre. Parking is key with secure undercover car parking allocated, but across the road offers an additional 600 car spaces. - Leased to BWA Accountants & Business Advisors  - $100,700.00 per annum - 234 sqm* in total building area. - 2 allocated car spaces. - Mixed use building comprising 3 levels of office and 3 levels of high - end apartments. - Substantial depreciation benefits. - 150 m* to Chapel Street. POINT OF VIEW: South Yarra hasn’t stopped booming for a decade. And with a standard of office like this rivalling the premium location, there isn’t a more sound (or lucrative) move on the market.   *Approx. Pricing excludes GST

2,519 sqft

South Yarra

POINT OF INTEREST: Much more than a convenient retail investment, this portfolio prize reaps the benefits of its location in its current and future state. A shopfront that has rarely seen a moment unoccupied is now on the market with a secure tenant in tow. A leasing income of over $35,000 per annum is guaranteed with under year to go on the current 5-year agreement and further terms thereafter. The value isn’t just in the internal figures, though. The city-fringe location has provided plenty of foot traffic, and so too have the surrounding businesses and amenities like the Royal Melbourne Hospital, a popular fish and chip shop, and the Albion Hotel on the corner. What’s more, a mega residential and urban design development is in the works and on the block, guaranteed to enhance all businesses with the same postcode. A central location includes clever commuting; the 57-tram is on your doorstep or the Citylink is under a kilometre away. -    Leased income of $35,793.49 per annum -    The 5-year lease commenced on the 8th of April 2020 -    Further lease terms of 2 x 5 years with a fixed annual increase of 3% -    Potential yield of over 6% -    5 m* frontage to Haines Street -    50 sqm* total building area -    Commercial 1 zoning -    400 m* from Flemington Road -    860 m* from the Citylink POINT OF VIEW: When the future premium apartments have their affluent renters, they’ll be looking to spend their money on what’s convenient and close by. The point: The only thing more lucrative than getting into the residential market here, is the retail real estate. *Approx. Pricing excludes GST

538 sqft

North Fitzroy