Bayside Portfolio

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BAYSIDE BITE SIZE INVESTMENTS

PRIVATE SALE

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CONTENTS INTRODUCTION

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EXECUTIVE SUMMARY

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TENANCY SCHEDULE

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PROPERTY 1

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PROPERTY 2

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PROPERTY 3

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PROPERTY 4

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SALE METHOD

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LOT 5, 1-9 BALCOMBE RD, MENTONE

INTRODUCTION

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SHOP 3, 15 WELLINGTON ST, ST KILDA

SUITE 15S, 349–351 BLUFF RD, HAMPTON These properties are being offered either individually or together and we welcome offers in all formats.

All of these bite sized strata investments are strategically located within mixed use developments across premium Melbourne bayside suburbs.

A great opportunity presents for those looking to begin a Commercial portfolio, add and strengthen their existing or potentially even have a longer-term view to occupy.

Aston Commercial strongly recommend these investments for your serious consideration.

90 NEPEAN HWY, MENTONE

ASTON COMMERCIAL ARE PLEASED TO OFFER FOUR AFFORDABLE BAYSIDE INVESTMENTS VIA EXCLUSIVE PRIVATE SALE.

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EXECUTIVE SUMMARY LOCATION: Mentone, Hampton & St Kilda

DESCRIPTION: Four fully leased strata investments suiting entry level investors

m2

BUILDING AREA: 30m2* – 134m2*

METHOD OF SALE: For immediate Private Sale

TERMS OF SALE: 10% deposit with settlement in 60–90 days *approx

EXCLUSIVE SELLING AGENTS LIAM RAFFERTY

JEREMY GRUZEWSKI

Senior Sales Executive

Director of Agency

0421 886 655

0422 211 021

liam@astoncommercial.com.au

jeremy@astoncommercial.com.au

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TENANCY SCHEDULE

Below is a snapshot of each of the leases available across the portfolio.

PROPERTY

SHOP 3, 15 WELLINGTON ST, ST KILDA

SUITE 15S, 349–351 BLUFF RD, HAMPTON

LOT 5, 1–9 BALCOMBE RD, MENTONE

90 NEPEAN HWY, MENTONE

Trading As

Wood Property

Office

Archie Pasco Cafe

Massage Shop

Rental

$36,734

$26,400

$15,522

$26,522

Initial Term

5 Years

4 Years

5 Years

5 Years

Options

2 x 5 Years

1 x 4 Years

2 x 5 Years

1 x 2 Years

Lease Commencement

01/07/2017

01/08/2019

01/03/2016

01/07/2019

Lease Expiry

30/06/2022

31/07/2023

28/02/2021

30/06/2024

Annual Increases

CPI

4%

3.5%

3%

AFFORDABLE: Entry level opportunities suiting sub $750,000 buyers

Combined income of $105,178 PA*

OUTGOINGS:

MARKET REVIEW:

Paid by tenants

To market at exercise of each option

LAND TAX: Minimal Land Tax costs

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INCOME:

“ This portfolio of investments is offered either individually, in parcels or as a whole and offers in all formats are encouraged”.

SHOP 3, 15 WELLINGTON ST, ST KILDA

SUITE 15S, 349–351 BLUFF RD, HAMPTON

LOT 5, 1–9 BALCOMBE RD, MENTONE

90 NEPEAN HWY, MENTONE

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PROPERT Y #1 SHOP 3, 15 WELLINGTON STREET, ST KILDA

LOCATION Wellington Street offers firstclass fast and easy connectivity to the Melbourne CBD, St Kilda Road, St Kilda Beach, the Eastern suburbs, Melbourne Airport and the Bellarine and Mornington Peninsulas. St Kilda Road is one of Melbourne’s major arterial thoroughfares and lining this tree-lined boulevard are many of Melbourne’s most substantial office buildings and prestigious residential towers.

Connection to and from the Melbourne CBD is direct, easy and convenient. A short ten-minute drive south of the Melbourne CBD and you will find yourself in St Kilda, a pocket of Melbourne characterised by a diverse mix of business, trendy, bohemian and vibrant day-time activity and bustling nightlife.

It is an ideal location to live, work and play. St Kilda is Melbourne’s famous bayside suburb widely

regarded as one of Melbourne’s most eclectic and thriving metropolitan hubs, it caters to all niches of Melbourne’s booming population. St Kilda has seen a transformation over the last decade brought about by increasing gentrification, along with infrastructure and housing improvements driving up rents and house prices across St Kilda and neighbouring suburbs.

PROPERTY DETAILS

TENANCY DETAILS

Building Area: Parking: Zoning: Council: Legal Description:

Current Rental: Lease Term: Lease Start Date: Further Options: Annual Increases: Security Deposit:

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134m2* 2 secure car spaces MUZ - Mixed Use Zone City of Port Phillip Lot 3 on Plan of Subdivision 345839P

$36,734 PA Five (5) years 1st July 2017 Two further (5) year terms CPI Equal to 3 months rental + GST

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ALBERT PARK

ST KILDA ROAD

DANDENONG ROAD

WELLINGTON STREET

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SHOP 3, 15 WELLINGTON ST, ST KILDA

CAR SPACE

Not in ( Position )

PUNT ROAD

2.5m x 3.5m

CAR SPACE

Not in ( Position )

3.5m x 3.5m A/C

A/C 9.0m x 9.6m

Entry

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PROPERT Y #2 A/C

SUITE 15S, 349 – 351 BLUFF ROAD, HAMPTON

CAR SPACE

( PNosoittioinn )

LOCATION Located on the intersection of Bluff Road & Highett Road is this boutique mixed use complex consisting of a small number of residential apartments and 2 levels of office.

A/C

CAR SPACE

5.3m x 1 4.8

m

( PNosoittioinn )

This extremely well-presented corner office boasts great natural light from level 1. Easily accessible from nearby Nepean Hwy providing access in and out of the CBD and is only 5 minutes to the beach.

CAR SPACE

( PNosoittioinn ) UP

Entry

PROPERTY DETAILS

TENANCY DETAILS

Building Area: Parking: Zoning: Council: Legal Description:

Current Rental: Lease Term: Lease Start Date: Further Options: Annual Increases: Security Deposit:

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88m2* 3 secure car spaces C1Z - Commercial 1 Zone Bayside City Council Lot 19 on Plan of Subdivision 543701

$26,400 PA Four (4) years 1st August 2019 One further (4) year option 4% Equal to 3 months rent + GST

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PROPERT Y #3 LOT 5, 1 – 9 BALCOMBE ROAD, MENTONE LOCATION Situated on the major five ways intersection of Nepean Highway and Warrigal Road, this property is supremely located for maximum exposure to daily traffic.

Benefitting from its position at the foot of the Archer Development consisting of 87 residential apartments this tenancy is the local coffee shop for several other surrounding residential complexes.

A/C

Joining other neighbours including KX Pilates, Johnny Boys Pizza, Liquor Clearance & Wot a Kebab.

3.5m x 9.7m

PROPERTY DETAILS

TENANCY DETAILS

Building Area: Parking: Zoning: Council: Legal Description:

Current Rental: Lease Term: Lease Start Date: Further Options: Annual Increases: Security Deposit:

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30m2* 1 secure car space MUZ - Mixed Use Zone Kingston City Council Lot 5 on Plan of Subdivision 728658H

$15,522 PA Five (5) years 1st March 2016 Two further (5) year options 3.5% Equal to 3 months rental + GST

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PROPERT Y #4 90 NEPEAN HIGHWAY, MENTONE

PWDR

CAR SPACE

Not in ( Position )

LOCATION This property benefits from major exposure to daily traffic of Nepean Highway and is set back in a service lane where there is substantial on-street parking for customers and staff.

Adjacent to major Mentone home maker centre, consisting of national operators including Bunnings, Supercheap Auto, Spotlight, Rebel Sport and Petbarn.

3.0m x 3.0m

3.0m x 2.2m 2.6m x 2.1m

A/

C

3.0m x 2.2m 2.0m x 4.5m

3.0m x 4.0m

2.0m x 4.3m 3.0m x 1.2m

Entry

PROPERTY DETAILS

TENANCY DETAILS

Building Area: Parking: Zoning: Council: Legal Description:

Current Rental: Lease Term: Lease Start Date: Further Options: Annual Increases: Security Deposit:

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90m2* 1 secure car space C1Z - Commercial 1 Zone Kingston City Council Lot 306 on Plan of Subdivision 716079

$26,522 PA Five (5) years 1st July 2019 One further (2) year option 3% Equal to 3 months rental + GST

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SALE METHOD :

METHOD OF SALE Immediate Private Sale TERMS OF SALE Upon signing a Contract of Sale, 10% of the purchase price as deposit and residual payable 60–90 days from the day of sale INSPECTIONS Strictly by appointment with the exclusive selling agents CONTRACT OF SALE & VENDORS STATEMENT Available on request EXCLUSIVE SELLING AGENTS Liam Rafferty / 0421 886 655 liam@astoncommercial.com.au Jeremy Gruzewski / 0422 211 021 jeremy@astoncommercial.com.au

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DISCLAIMER This document has been prepared by Aston Commercial Pty Ltd for advertising and general information only. Aston Commercial Pty Ltd do not guarantee, warrant or represent that the information contained in this document is correct. Any interested party should undertake their own enquiries as to the accuracy of the information. Aston Commercial Pty Ltd excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damage arising therefrom. *Approximate