Prime Village Strip Investment

51, Bonwick Street, FAWKNER, VIC, 3060

Save

205.00 m2

View Photos

Overview

Retail/hospitality premises with Renewed 3 year lease.

GrayJohnson is pleased to offer for sale this single-storey property located in the heart of the popular Fawkner shopping village.

Currently operating as “Bonwick Street Bakery & Café”, the property offers immediate and ongoing returns to an astute investor under the terms of a recently renewed 3-year lease.

The opportunity:
• Land Area: 190 sqm*
• Building Area: 205 sqm*
• Renewed 3-year lease commencing 1 May 2023 to existing tenant
• Rental: $40,000 pa net plus GST with annual CPI Reviews
• Main road plus rear laneway access
• Commercial 1 Zone providing huge scope for future development^

The Bonwick Street precinct is a popular neighbourhood shopping strip with recently refurbished streetscapes. It is home to a cosmopolitan range of eateries as well as an IGA supermarket, chemist, newsagency and other local retailers.

This property enjoys excellent main road exposure with a central position in the shopping strip. There is a second access via a laneway at the rear.

The location:
• Popular shopping strip location
• 700m* from Gowrie railway station
• Easy access to Western Ring Road and motorway network
• 12km* approx. north of the Melbourne CBD

Auction Thursday 8 June @ 12 noon

*approx
^STPA

Key Details

Status

Sold

Type

Retail

Stay up to date

Property updates to your inbox

Commercial to the core

Our blog keeps you informed

Showroom/Warehouse on Prominent Corner

244-248 Hoddle treet, Abbotsford – For Lease. High profile locations like this one don’t come along very often. Hoddle Street is one of the inner-east’s busiest thoroughfares offering excellent exposure

Sold – Prestigious and Prominent

GrayJohnson is pleased to announce the successful sale of Unit 12, 54 Merrindale Drive, Croydon South. This exceptional industrial unit is one of just 12 in this prestigious development in

Their interests are our priority

Di & David Haggett

Communication throughout was first class. They helped us understand the market, our options and fought hard to get us a great price. We would highly recommend GrayJohnson if you’re looking for a commercial property partner.

Peter Kirkpatrick

Charter Keck Cramer

To date, they have achieved just shy of $20 million in sales, for 27 properties and have just been appointed to sell another. We wouldn’t hesitate to recommend Matt, Rory and their team at Gray Johnson to sell your commercial property.

Egbert Pereira

EPA Group Accountants

Matt was exceptional. He helped me understand the commercial market challenges, seller expectations and intricate purchasing processes at auction to secure the purchase. Promptness and clear communications were some amazing visible qualities.

Tony Licciardi

Safetynet Investments

Thoroughly professional, they keep you informed through out the leasing process, they will do the hard yards to secure a tenant that will suit your premises. I cannot highly recommend GrayJohnson any more for they work hard to achieve the best outcome for their clients.

Edward McDermott

DCM Lawyers

GrayJohnson were able to find us our new offices quickly and diligently. They continue to be professional and reliable in the management of our tenancy and are always available to assist with any matter if required.

Matt Marshall

Smart Freight

Rory White helped us sell our offices in Richmond. He was professional, accessible and passionate about getting a good result (which he did). I would definitely use again.

Trent O'Sullivan

Balance Advertising

I loved the fact that they had my back, negotiated hard and kept me up to speed through the whole process. The fact is they know what they're talking about, they have the insights and I benefited from that.

Sonya Miller

Armitage Jones

We would like to put on record our genuine appreciation and commendation for the services provided by the GrayJohnson sales team. The final negotiations were handled with the utmost professionalism and skill.

Matt Power

Balance Property Partners

GrayJohnson achieved two property sales in difficult markets with limited buyers and a difficult finance/banking environment. In both cases, Matt, Rory and the team at GrayJohnson worked hard to ensure a result for both vendors.