Burgess Rawson 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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