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

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

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: 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

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

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

Located in Tunstall Square in Doncaster East, the shop is heavily trafficked and has approvals to add another floor. Whether you run a retail store, restaurant, coffee shop, or office. The apartment type is flexible, with plenty of space for display, storage and office. Located in Tunstall Square, this place has a lot of shoppers and passers-by. Your business has a great customer base. There is plenty of parking space in the shops, and there are plenty of free parking spaces for customers to use. Features: - Air Conditioning - Alarm

2,368 sqft

lot 2,368 sqft

Doncaster East

Rented to a dentist's office, long term lease, is a good investment. Located on the corner of the landmark building Manchester Unity. Property features include: · 8 ensuites · The building area is 305 square meters · Brand new 5-year lease to Dental Surgery renewable for 5 + 5 + 5 · Annual rent of $209,700 plus GST · Depending on market conditions, rents can be negotiated to increase by 4% per annum

3,283 sqft

South Melbourne

POINT OF INTEREST: If there’s strength in numbers, there’s portfolio power in purchasing a suite of five strata titles in the west’s best precinct. Street-wise and opportunity-wise, there’s no missing it — because over 96 m* of frontage to Comley Street makes this site loud and clear. You’ll buy into 3,714 sqm* of Sunshine North land, with a total building package of 1,803 sqm*. The first three units are all 451 sqm* in flexible floorplan, while building 4 makes up 214 sqm* and number 5 has 236 sqm* to play with. This lends itself to the opportunity to combine some warehouses together to create a larger offering or lease them as they are to a region hungry for industrial space. Getting here is simple, Western Ring Road is under a kilometre away and so is Ballarat Road, but parking here at the end of the journey is even more so — as each unit has plenty of car spaces allocated to each. -    3,714 sqm* total land area. -    1,803 sqm* total building area. -    Unit 1: 451 sqm* building area. -    Unit 2: 451 sqm* building area. -    Unit 3: 451 sqm* building area. -    Unit 4: 214 sqm* building area. -    Unit 5: 236 sqm* building area. -    All ready subdivided with five (5) titles. -    Current passing rental income $162,948.00 per annum. -    Industrial 1 Zone. -    Ample allocated car spaces. -    Over 96 m* of frontage to Comley Street. -    1 km* to Western Ring Road. POINT OF VIEW: Working harder: Managing a range of assets across Melbourne. Working smarter: Securing a suite of assets on the same premiere block. Working for you: This investment. *Approx. Pricing excludes GST

19,407 sqft

lot 39,977 sqft

Avondale Heights

Teska Carson recommends 117 Cremorne Street in the Cremorne District for sale, active bidding, deadline Friday, May 19 at 3pm. Located in the heart of Cremorne, it is suitable for investors, self-occupants, value-added buyers or developers. Property features include: · Two-storey commercial building with a construction area of 625 square meters · The land area is 741 square meters, with 2 facing streets - Cremorne Street and Victoria Avenue · 8 parking spaces · Double revenue stream, $148,247 per annum, plus GST · Commercial area 2, multi-storey can be developed · Close to public transport and major roads including Punt Road (220m*), the Monash Freeway (240m*) and Richmond Train Station (450m*). · Close to retail stores, showrooms, restaurants on Swan & Church Street · Richmond has many famous merchants such as REA Group, Dentsu, Seek, Uber, Disney, MYOB, Reece, Car Sales

6,663 sqft

lot 7,976 sqft

Richmond

Teska Carson recommends 185 High Street, Kew District, for sale. Located around the famous corner, between High Street and Walpole Street, surrounded by famous businesses such as CBA, Woolworths, BWS, ANZ. The first floor is a retail store, and the second floor is suitable for a retail store or restaurant. Good lighting, close to bus, parking. Property features include: · The land area is about 361 square meters · The building area is 465 square meters · Fixed parking space · 2 facing street (44m) · Suitable for a variety of uses Top of the form

5,005 sqft

lot 3,886 sqft

Kew

Teska & Carson is pleased to offer Shop 1, 50 Dorset Square, Boronia for sale by Private Treaty. Shop T1 is an outstanding retail investment or owner-occupier opportunity, located in the tightly held and renowned Boronia Mall shopping precinct. The property neighbours multinational tenants including Australia Post, Coles, Kmart, Liquorland, Westpac and ANZ, as well as a variety of specialty stores. Key property features: - Floor Area: 200sqm - Zoning: Commercial 1 - Vacant Possession Please call for further information or to arrange an inspection.

2,153 sqft

Boronia

POINT OF INTEREST: If you know, you know that Preston is the new Brunswick. And so, industrial opportunities here are usually snapped up before they hit the market. This one is 300 sqm* of warehousing and double-storey offices with three allocated car spaces, a kitchenette, and a secure business park position to cater to various needs. The point: This proposition provides month-to-month income, giving you the flexibility to invest or occupy the space. As for the suburb's popularity, Bell Street hosts more than just a high number of commuters. JB Hi-Fi, Spotlight, and Northland Shopping Centre are within your kilometre orbit, and so is Moon Dog World — a Broadsheet, and local, favourite. -    300 sqm* total building area. -    Currently leased to Arvin Enterprise Pty Ltd Trading as Sign and Fitouts since October 2016. -    Monthly income equivalent to $39,600 p.a. + GST + outgoings. -    Offered with the opportunity for Vacant Possession. -    3 on title car parks. -    Container height bi-fold door. -    Industrial 3 zoning. -    900 m* to Northland Shopping Centre. POINT OF VIEW: An excellent opportunity to acquire a piece of one of Melbourne's most prized industrial precincts. The past 24 months saw record-breaking commercial results in Preston. And with mid-rise residential development booming louder than ever, getting in early will only last another three months. *Approx. Pricing excludes GST

3,229 sqft

lot 2,583 sqft

Preston

Rare city fringe development opportunity, situated in close proximity to the new 'Arden Precinct' incorporating Arden Station. Located in a rapidly transforming commercial precinct. The property has a land area of 3,854 square metres (approx). Income $285,000 per annum + outgoings + GST Occupied by Flagstaff Autobody since 2011, currently subject to a Lease due to expire on 30 June 2025. Building Area 1,900 square metres Zoning: Commercial 2

20,451 sqft

lot 41,484 sqft

Footscray

Teska Carson is pleased to present 470 Bridge Road, Richmond for Private Sale. Located on a coveted corner location close to massive demand generators such as the MCG sporting precinct and Melbourne CBD. 470 Bridge Road Richmond is an outstanding investment and freehold acquisition opportunity, providing a steady and secure income stream for the next 5 years* and endless upside and potential to unlock considerable operational upside and value. The leased freehold pub market (particularly in the Melbourne city fringe) is extremely tightly held and highly sought, thus making this a rare chance to grab a trophy asset with untapped value add possibilities. Investment highlights: + Current rental $180,290 p.a. plus GST and outgoings* + Highly valuable lease covenant from experienced and award-winning hospitality operators + Lease term expiring in 2026 with an additional two-year option + Unlock unlimited potential at the end of the lease + Land area of 325sqm* with combined street frontage of 42m* and Commercial 1 Zoning + Mix of spaces with street-side seating, front bar, dining and covered courtyard, whilst the first floor has separate function areas + Well serviced by lifestyle amenity and retail centres such as Bridge Road, Swan Street, Church Street and Victoria Gardens + Richmond has a vibrant mix of commercial, retail & residential adding to the growth and desirability of the position *approx For more information, please contact the listing agents.

4,693 sqft

lot 3,498 sqft

Richmond