137 Carlisle Street, Balaclava

137 CARLISLE ST BALACLAVA 3183

FOR SALE BY PUBLIC AUCTION ON FRIDAY 9TH SEPTEMBER AT 12 NOON ON SITE

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137 CARLISLE ST BALACLAVA 3183

CONTENTS 04

Introduction

06

Executive Summary

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Location

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Zoning and Tenancy Details

16

Property Particulars

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Sale Method 3

Introduction Aston Commercial are thrilled to offer 137 Carlisle St, Balaclava for sale by public auction on Friday 9th September at 12 noon on site.

This is an outstanding opportunity to secure a quality investment leased to a well-known and established tenant Ms. Carlisles, in one of Melbourne’s most iconic and bustling retail strips.

The property is directly across the road from Woolworths and Coles supermarkets,

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as well as being surrounded by many major national tenants.

This is a prime opportunity to grow your investment portfolio.

Balaclava train station is just a short stroll away with a tram on its doorstep. The property benefits from a council carpark to the rear with direct access.

Please contact Aston Commercial today to arrange your private inspection.

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EXECUTIVE SUMMARY

137 CARLISLE ST BALACLAVA 3183

Prime freehold investment LOCATION One of Melbourne's best performing and sought-after inner-city retail precincts

RENT

LAND AREA 159 sqm*

ZONING

$75,000 per annum plus GST & outgoings

Commercial 1 Zone

METHOD OF SALE

TERMS OF SALE

By public auction on Friday 9th September at 12 noon on site

10% deposit with settlement in 60-90 days

*approx.

EXCLUSIVE SELLING AGENTS

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Rodney King

Fred Nucara

Director of Agency 0422 839 870 rodney@astoncommercial.com.au

Managing Director 0418 567 560 fred@astoncommercial.com.au

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LOCATION 137 Carlisle Street, Balaclava is located approximately 8 kilometres south-east of Melbourne. Carlisle Street is one of Melbourne’s most iconic, well-known and bustling retail strips.

Balaclava is a short distance to many of Melbourne’s best attractions including St Kilda Beach, Luna Park, Albert Park Lake, as well as being close to some of the best schools and education facilities.

The property is directly opposite two full line supermarkets in Woolworths and Coles. It is also surrounded by major national tenants including Chemist Warehouse, Commonwealth Bank, Priceline, Flight Centre, Australia Post, BWS, Vintage Cellars, Grill’d, Yochi and many more. Balaclava train station is just a short stroll away with a tram on its doorstep. The property benefits from a council carpark to the rear with direct access.

Carlisle Street also features some of Melbourne’s most popular cafés, restaurants and bars including Batch Espresso, Las Chicas, En Izakaya, Wall Two 80, Tavlin, the Local Taphouse, and Glicks Bakery to name just a few.

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ZONING AND TENANCY DETAILS 137 Carlisle St, Balaclava The property is being sold subject to a lease summarised as follows: TENANT:

Ms Carlisle Balaclava Pty Ltd CURRENT RENT:

$75,000 pa plus GST commencing 31 January 2022 TERM:

Three (3) years FURTHER TERMS:

Three (3) further terms of three (3) years RENT REVIEWS:

3% fixed annual reviews with market review at the commencement of each option OUTGOINGS:

Paid by tenant

A destination for friends and family to sit down and savour. An invitation to enjoy everything that makes our senses feel alive.

Ms. Carlisles is the ideal venue for a laidback delicious dinner, after work catch up with some friends for some quality drinks, and everything in between! ​ Enjoy a unique selection of wines, craft beer, and cocktails, paired masterfully with cheese and charcuterie, contemporary share plates, and tantalising mains. ​ e have great food specials most days & W have just enhanced our Cocktail Menu!

Prefer a Pint or lovely glass of Wine? We have you covered, why not pair it with some of our incredible share plate items, or artisan pizzas.

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PROPERTY PARTICULARS 137 Carlisle St, Balaclava TITLE PARTICULARS

Volume 09912 Folio 227 Lot 1 on title Plan 142297R LAND DIMENSIONS AND AREA

Carlisle Street Frontage

4.83

Depth

35.05

metres*

metres* Total Land Area:

159

square metres*

*approx.

ZONING Commercial 1 Zone under the City of Port Phillip planning scheme SUBURB PROFILE Balaclava Median House Price $1,506,500 Based on five years of sales, Balaclava has seen a compound growth rate of 9.6% East St Kilda Median House Price $1,711,250 via realestate.com.au

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SALE METHOD

137 CARLISLE ST BALACLAVA 3183

Prime freehold investment METHOD OF SALE

TERMS OF SALE

By public auction on Friday 9th September at 12 noon on site

10% deposit with settlement in 60-90 days

INSPECTIONS

CONTRACT OF SALE & VENDORS STATEMENT

Strictly by appointment with the exclusive selling agents

Available upon request

EXCLUSIVE SELLING AGENTS

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Rodney King

Fred Nucara

Director of Agency 0422 839 870 rodney@astoncommercial.com.au

Managing Director 0418 567 560 fred@astoncommercial.com.au

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DISCLAIMER “Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom. *Approximate