Sold
1541 Burwood Highway,
Tecoma 3160, Victoria
Price withheld
Property details
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Agents
EXCEPTIONAL FREEHOLD INVESTMENT: Shop + Dwelling
- Renovated Shop and Rear Dwelling
- High Traffic location with good supporting businesses
- Value Add opportunity moving forward
- Reliable cashflow for the time being
Secure your stake in a highly sought-after location with this high-quality freehold investment opportunity.
Boasting prominent Burwood Highway exposure in a thriving local & tourist destination, this property is ideal for investors seeking a prime asset near Tecoma train station.
Investment Details:
Zoning: Commercial 1 Zone (C1Z)
Land: 478 m² approx.
Income: $40,019 p.a. current rent with attractive 4% annual reviews.
Long-Term Security: 5-year lease (commenced June 2023) plus three 5-year options; tenant committed fit out, unlikely to want to leave
Prime Exposure: 9m² frontage and in the main shopping strip, ensuring significant road and foot traffic
Strategic Location: Near schools and public transport
Development Potential (STCA)
This freehold building, with long-term tenants, offers steady income and significant future potential. Prompt inspection is highly advised!
RWC Glen Waverley is proud to offer 1541 Burwood Highway for sale
Note - this is an off market opportunity for 60 days, after which time it will be available to the open market.
Please contact one of the exclusively appointed RWC Agents listed below for a copy of the Information Memorandum, Contract, to arrange for a private inspection.
*Denotes approximate
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
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Contact Will Jonas
Contact Will Jonas
Will Jonas
1541 Burwood Highway, Tecoma VIC 3160
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Will Jonas
1541 Burwood Highway, Tecoma VIC 3160