Retail

Property ID: 437517

 

AN INVESTMENT BRINGING IN THE DOUGH

Shop 16, 518 Mount Dandenong Road, Kilsyth, VIC 3137

POINT OF INTEREST:

A standout set and forget investment leased to Bakers Delight. Occupying the premises since 2007, Bakers Delight have recently renewed their lease for five years with two further five-year options; assuring any astute investor, they are here for the long term.

This cleverly designed 62sqm* retail space is strategically positioned within Kilsyth Shopping Centre and surrounds itself with complimentary national retailers such as Woolworths, Aldi, Dan Murphy’s, BWS, Petstock, Caremore Pharmacy and many more.

Still proudly family-owned and operated by joint CEOs Elise Gillespie & David Christie, Bakers Delight is now Australia’s most successful bakery franchise and can be found in more than 700 locations across Australia, Canada, USA and New Zealand.

- Leased to Bakers Delight since 2007
- Rental $35,937.44 p.a from 1st December 2023
- Near new 5 + 5 + 5 year lease
- 62 sqm* gross building area
- Plenty of communal car spaces
- Mount Dandenong Road frontage
- 3 km* to Croydon Railway Station
- 2.7 km* to Maroondah Highway

POINT OF VIEW:

Whether you’re looking for a sweet treat to add to your portfolio, or an approachable entry point into commercial property — this investment is as timeless as an iced finger bun.

*Approx.
Pricing excludes GST

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Contact Agent

Jarrod Moran

Stan Dawidowski