Established & Successful Beauty Salon | New 7 Year Lease Plus Option

Description

CBRE from CBRE are delighted to offer to market ‘Studio G’ at 1 Adakite Drive, Berwick VIC for sale via Investment Portfolio Auction 178.

The property has the following key investment highlights:

+ Long Seven (7) Year lease to July 2032 plus One (1) further Seven (7) Year option to 2039.
+ Studio G: established and successful beauty salon business in brand new premises
+ Immaculate recently completed quality tenant fit-out.
+ Prominent 140sqm* premises located in a high-profile location neighbouring IGA Supermarket and supported by Pharmacy, Dental Clinic, Medical Centre, Childcare Centre and more.
+ Landlord-favourable net lease terms with tenants paying usual outgoings.
+ Fixed, compounding annual 4% rent increases ensuring rental growth.
+ Lease secured by 6 month Bank Guarantee plus personal guarantees to the performance of the lease.
+ Single-tenant investment with minimal management required.
+ Strategically positioned within the Alira Village Town Centre, neighbouring the rapidly growing Alira Berwick and Northern Wetlands residential estates.
+ New construction providing maximum tax saving depreciation benefits.
+ City of Casey, Melbourne’s major south-east growth LGA, with population forecast to increase 48% to 614,075 by 2046.(1)
+ Net Income: $61,575 pa* + GST

To be sold via Investment Portfolio Auction 178
10:30am AEST Wednesday 6 August 2025
Garden Room, Crown Casino, Melbourne

* Approx
(1) Forecast.id

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Contact agents
Shaun Venables Senior Director
0411 860 865
Hamish Bowen Sales Cadet
0413 856 984
David Napoleone Associate Director
0417 308 067
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Berwick, VIC

1 Adakite Drive

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 178

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