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119-121 Hawthorn Road
CAULFIELD NORTH, VIC 3161

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Property Description

Commanding Freehold Investment With Upside

Fitzroys and Aston Commercial are delighted to offer 119-121 Hawthorn Road, Caulfield North for sale by Expressions of Interest closing Wednesday 16th March at 3pm.

The property is leased to renowned bakery, Baker Bleu, that is fast becoming a Melbourne institution. Locals will attest to the early morning line up from those keen to secure their serve of the delicious bread products. This incredible opportunity consists of a renovated and fully operational food grade facility prominently located in a tightly held neighbourhood shopping strip near the intersection of Balaclava Road and moments from Caulfield Park.

Key attributes of this impressive property include:

  • Leased to the highly popular “Baker Bleu” bakery and providore
  • Returning $123,735 per annum plus outgoings and GST
  • 5 + 5 + 5 year lease (from September 2018)
  • Well-proportioned site of 420sqm*
  • Extensive frontage of 10.13 metres* to Hawthorn Road
  • Convenient rear access via Halstead Street to on site car park
  • Lease includes redevelopment clause from 2028
  • Favourable Commercial 1 Zone (C1Z)
  • Significant future vale add potential (STCA)
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Consultant

Chris Kombi

M: 0438 156 236
E: kombic@fitzroys.com.au

Mark Talbot

M: 0409 222 411
E: talbotm@fitzroys.com.au

Property Information

Property ID
132251

Price
Contact Agent

Building
380m2

Land
420m2