INVEST NOW, TRANSFORM LATER
LET ME INTRODUCE MYSELF.
Aston are pleased to present a fully leased investment with five (5) separate tenants at 96-98 Murrumbeena Road, Murrumbeena. Anchored by three (3) ground floor retail tenants plus two (2) substantial first floor studio’s with most of the tenants being in place for over twenty (20) years.
Positioned approximately 85 metres* from the upgraded Murrumbeena Train Station, the property sits within the newly formed Victorian Train & Tram Zone Activity Centre. A program that encourages development.
This is an outstanding opportunity to acquire a securely leased freehold building in this tightly held location, with flexible zoning allowing for multi-level development (STCA).
LAND AREA
888m2*
1,328m2* TOTAL BUILDING AREA RENT $197,832* PER ANNUM
Expressions of Interest closing Thursday 26 February at 3pm BUY ME.
TERMS OF SALE
10%
KEY HIGHLIGHTS
A DIVERSE AND SECURE INVESTMENT
Featuring five (5) long-term, fully leased tenancies
STRONG INCOME WITH GROWTH
FUTURE DEVELOPMENT UPSIDE (STCA)
SUBSTANTIAL LAND HOLDING
MAJOR GROWTH CORRIDOR
SUBSTANTIAL LAND WITH UPSIDE
CARNATION MASSAGE CENTRE TENANCY PROFILES STONNINGTON SCHOOL OF DANCE
The tenancy is occupied by a well-presented massage studio that focuses on providing relaxation, wellness and general therapeutic services. The business maintains a tidy, welcoming fit-out and operates with consistent trading hours, contributing to steady foot traffic within the property. While operating quietly and independently, the tenant has demonstrated reliability in meeting lease obligations and adds to the diverse mix of personal- care services in the area.
KATRINA'S KITCHEN
Katrina’s Kitchen have been producing quality home-style meals to the Melbourne public for more than forty (40) years. The extensive menu provides variety to suit all tastes and the generous serving size accommodates all appetites. The meals are cooked from the finest ingredients and are cooked with a view to retain their flavour and nutrition. The meals are frozen, sealing in their freshness and flavours and can be purchased directly from the shop in Murrumbeena or delivered across the Melbourne metropolitan area.
The school was established in 1995 with the philosophy that children could be taught to become exceptional dancers within a caring and supportive environment. What began as classes held two (2) nights per week has since grown into a seven (7) day operation across four locations. Many students have been with the school since preschool, with a number now studying and working professionally within the dance industry.
SMALL BATCH BOTTLING CO.
A new Melbourne-based business specialising in expertly blended, pre-mixed bottled cocktails and drinks, offering convenient, high-quality cocktails to enjoy at home and focusing on quality, small-batch production which is open to the public Thursday to Saturday.
GOLDEN LION ACADEMY TENANCY PROFILES
Since 1971, the Academy has grown to become one of Australia’s leading institutes for the teaching of Kung Fu, Tai Chi, Wu Shu, Dao Yin Chi Kung and Dim Mak Pressure Points. The Golden Lion Academy is a long standing member of the Martial Arts Industry Association Limited (MAIA), Kung Fu Wu Shu Australia (formerly AKWF, the Australian Kung-Fu Wu-Shu Federation) and the Tai Chi Association of Australia (TCAA). In fact, in 2012 Charles Tsui-Po was given a life-time achievement award by the AKWF-Kung Fu Wu Shu Australia for his long years of dedication and in developing Chinese martial arts in Victoria. It was only the second-ever Lifetime Achievement Award bestowed by the national organisation and the first ever given in the State of Victoria.
CONNECTED, CONVENIENT, COMMERCIAL.
FLOORPLANS
*All floorplans are indicative only and should be used as a guide. Dimensions, areas, and layouts are approximate and subject to change.
96a KATRINA'S KITCHEN
98a SMALL BATCH BOTTLING CO.
98b GOLDEN LION ACADEMY
96c STONNINGTON SCHOOL OF DANCE
MURRUMBEENA 3163
Murrumbeena is a leafy, sought-after residential suburb in Melbourne's southeast, known for its artistic heritage, leafy streets, parks and vibrant village precinct near the train station, offering cafes and shops. Located about 13km*
from the CBD, it features diverse housing, good transport links and is bordered by major roads like Dandenong Road, offering a blend of community feel, green space, and urban convenience, close to Chadstone Shopping Centre.
MURRUMBEENA
WHAT, WHEN & HOW?
Expressions of Interest closing Thursday 26 February at 3pm
DISCLAIMER
“Materials” refers to any and all, statements, documents, data, statistics, measurements, estimates, figures, calculations, images, projections, approximates or other representations, whether explicit or implicit, provided or published by Aston Commercial Pty Ltd, its employees or agents (Aston Commercial). The Materials constitute general information and are provided for the recipient’s exclusive and confidential use to assist with inquiries in relation to property or land. The Materials in no way constitute advice, an offer, or a contract and should not be relied upon in any way in entering a contract or agreement. Aston Commercial makes no representations and assumes no liability as to the completeness, correctness, context, or suitability of the Materials. Any dimensions or measurements of the property or the land (internal and external) are approximates only. A person should seek professional advice, including but not limited to legal advice, and conduct their own investigations to satisfy themselves of the property or land, including dimensions or measurements. Limitation of Liability: Aston Commercial excludes, to the fullest extent permitted by law, all inferred or implied terms, conditions and warranties arising in connection to the Materials and all liability for loss, damage, injury or claim (whether direct or indirect) in connection to its use or reliance. Where liability cannot be excluded, Aston Commercial limits, to the fullest extent permitted by law, all liability for loss, damage, injury or claim (whether direct or indirect) in connection to use or reliance of the Materials.
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