Stonebridge Property Group is pleased to offer for sale 84 Baxter-Tooradin Road, Baxter.

Key highlights include:

• An entry-level Mornington Peninsula investment located in the heart of Baxter town centre
• The boutique shopping precinct is anchored by major supermarket (Woolworths) and Baxter Train Station, providing confidence in the longevity of the retail precinct
• Strong trading and longstanding eatery ‘Pizza This, Pizza That’ occupy the space and have recently renewed for a further 5-year term
• Pizza This, Pizza that is a highly established business boasting 863 Menulog reviews and a rating of 5.2/6
• Currently providing annual income of $32,120** + GST + Outgoings with fixed 4% annual rental increases
• Positioned on a 179 sqm* Commercial 1 Zoned landholding with rear lane access and free car park immediately to the front
• Baxter is a gateway suburb to the Mornington Peninsula and easily accessed via the Peninsula Link – the main arterial route connecting circa 48,000^ vehicles daily to the Peninsula and surrounding areas. The connectivity of the location is a major advantage for the current tenant who has a strong take away food trade.

* Approximately
** Income as at 2^nd December 2021
^ Source: VicRoads

84 Baxter-Tooradin Road, Baxter is for sale by Expressions of Interest closing Wednesday 20th October 2021 at 2pm (AEDT).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Are you interested in similar properties throughout Victoria’s southeast growth corridor? Click on the below link for a complete summary of the 12 properties within the Private Investor Portfolio:

https://stonebridge.com.au/privateinvestorportfolio/