New 7 Year Lease to 2031 Plus Options | Modern Pizzeria
Description
CBRE from CBRE are delighted to offer to market ‘Alira Pizza’ at 18 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 October plus Two (2) further Seven (7) Year options to 2045.
+ Alira Pizza: modern pizzeria open 7 days offering dine in, takeaway and delivery services.
+ Immaculately presented, modern AAA tenant fit-out.
+ Well-presented 85sqm* high exposure premises supported by IGA Supermarket, Pharmacy, Dental Clinic, Medical Centre, Childcare Centre and more.
+ Landlord-favourable net lease terms with tenants paying usual outgoings.
+ Rare fixed, compounding annual 4% rent increases ensuring income growth.
+ Lease secured by 6 month Bank Guarantee plus personal guarantee 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: $61,013 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 067Enquiry Form
Berwick, VIC
18 Adakite Drive
- Sold Price: Contact Agent
This property was sold as part of Portfolio 178
Contact agents
-
Shaun Venables Senior Director
0411 860 865 -
Hamish Bowen Sales Cadet
0413 856 984 -
David Napoleone Associate Director
0417 308 067