25 Station StreetDiamond Creek VIC 3089
Property Details for 25 Station St, Diamond Creek
Last Listing description (November 2023)
Burgess Rawson are pleased to offer to the market the Golden Hills Brewery, Diamond Creek VIC for sale via our Investment Portfolio Auction 165.
The property has the following investment highlights:
+ Ten (10) year Golden Hills Brewery net lease to April 2029 plus option to 2034.
+ Melbourne Food & Brew: Providing Melbourne with a unique dining experience across their well-known locations including Hotel South Melbourne, New Northcote Brewhouse, Mr. Sister (Malvern East), Norwood Caf and Middleman Coffee.
+ Modernised 752 sqm* building plus canopy with approved plans to extend further.
+ Private on-site parking for 19 cars accessed via Elizabeth Street.
+ Capital intensive fit-out and building extension funded by the tenant.
+ Prominent 1,730 sqm* freehold site with dual frontage and Activity Centre 2 Zoning Diamond Creek Major Activity Centre.
+ Important microbrewery, roasting, bakery and manufacturing permit plus liquor license to serve until 1am.
+ Strong, set-and-forget net lease structure with tenant responsible for all usual outgoings as per the lease.
+ Fixed, compounding 3% annual increases ensuring rental growth.
+ Superb central location in the heart of the Diamond Creek commercial precinct and surrounded by leading national businesses including Coles, Supa IGA, McDonalds, Shell, Priceline and Squires Loft.
+ Position perfect directly opposite Diamond Creek Train Station and moments to key social interest locations including Diamond Creek Football Club and Diamond Creek Outdoor Pools.
+ Diamond Creek: Stepping stone suburb to the Yarra Valley just 21kms* North-East from the Melbourne CBD with a median house price of $950,000^.
+ Net Income: $91,129 pa* + GST (at April 2024)
To be sold by Investment Portfolio Auction 165
10:30am AEDT, Wednesday 6 December 2023
Crown Casino, Melbourne VIC
For more information, please contact the exclusive selling agents below.
DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au
SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au
ROMANOR FALCONER
0413 830 808
rfalconer@burgessrawson.com.au
*approx.
**economy.id.com.au
^realestatate.com.au
Property History for 25 Station St, Diamond Creek, VIC 3089
- 06 Dec 2023Sold for $2,225,000
- 03 Nov 2023Listed for Sale Price on Request
- 18 Dec 2018Listed for Rent - Price not available
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0About Diamond Creek 3089
The size of Diamond Creek is approximately 17.9 square kilometres. It has 31 parks covering nearly 6.2% of total area. The population of Diamond Creek in 2011 was 11,504 people. By 2016 the population was 11,727 showing a population growth of 1.9% in the area during that time. The predominant age group in Diamond Creek is 50-59 years. Households in Diamond Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Diamond Creek work in a professional occupation. In 2011, 87.7% of the homes in Diamond Creek were owner-occupied compared with 87.1% in 2016.
Diamond Creek has 5,637 properties. Over the last 5 years, Houses in Diamond Creek have seen a 32.43% increase in median value, while Units have seen a 15.74% increase. As at 31 October 2024:
- The median value for Houses in Diamond Creek is $1,081,160 while the median value for Units is $705,928.
- Houses have a median rent of $620 while Units have a median rent of $540.
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