26 Burwood Highway, Burwood, VIC 3125

Retail

Sold Contact Agent

  • Property ID: 387533
  • Floor Area: 107m²
  • Land Area: 188m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 107m2 188m2 Contact Agent
High Exposure Freehold Investment - First Time Offered In Over 35 Years!

Ray White Commercial Oakleigh is proud to present 26 Burwood Highway, Burwood which will be offered by way of a Public on-site Auction scheduled for Thursday 20th May, 2021 @ 12:00pm. This is an extremely rare opportunity to purchase a proven retail investment which is hitting the market for the first time in over 35 years!

This single level investment property is located in an extremely tightly held location and surrounded by a multitude of National retailers including McDonalds, drummond golf, Ray White, F45, Anytime Fitness, Mazda, Snap Fitness 24/7, Nissan, Beacon Lighting and many many more with Deakin University (Burwood Campus) less than 1.5kms* up the road.

The Premises itself has been operating as a Hospitality Venue for over 30 years with the current Tenant recently renewing for another 3 years plus further options giving you the confidence that this location is one that continues to thrive. The property benefits from fantastic exposure to Burwood Highway as well as a R.O.W which will aid any future development plans (STCA).

- Annual income: $36,304.60 p/a + GST
- Total land area | 188m2*
- Total building area | 107m2*
- 3 + 3 + 3 Year Lease (Renewed March 2021)
- Fixed 3% annual increases
- Security Bond: $10,000 Bank Guarantee
- Rear access via ROW, 3 phase power, Gas Supply, M/F toilets
- Premises operating as a Hospitality Venue for over 30 years
- Public Transport at your door
- First time offered in over 35 Years!
- Commercial 1 Zone (C1Z)
- Terms: 10% Deposit - Settlement 30/60/90 days

ON-SITE AUCTION: Thursday 20th May, 2021 @ 12:00pm

Theo Karkanis | 0431 391 035
George Kelepouris | 0425 798 677

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Burwood Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5607 --- ---
Industrial --- $165 ---
Offices --- $100 ---
This is the average advertised price, rent and yield for Burwood, VIC 3125*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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