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41A/495-511 Burwood Highway
Vermont South VIC 3133
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41A/495-511 Burwood Highway Vermont South VIC 3133

  • Shop & Retail
  • 8 m²
  • For Sale, Contact Agent

A BLOSSOMING INVESTMENT - 7% YIELD

  • Annual rent of $30,000 incl GST (net)
  • Three (3) year lease from December '23
  • High performing shopping centre

Aston are pleased to offer Shop 41A, 495-511 Burwood Highway, Vermont South for immediate Private Sale.

Located in the popular Vermont South Shopping Centre which historically experiences little to no vacancy, the property is strategically positioned in between the entrances to Coles & Aldi - making this a retail destination that blossoms.

Key attributes include:

Annual rent of $30,000 incl GST (net)
Three (3) year lease from 1st December 2023
Two (2) further terms of five (5) years
3% annual increases
Established business of 20 plus years
Prime position directly next to Coles and Aldi
High performing shopping centre with historically low vacancy

Retail within this shopping centre is rarely available to purchase, let alone with an established and proven retailer.

Contact the agents at Aston if you wish to discuss this opportunity further.

*approx

Property Highlights

Floor Area8 m²
Land AreaAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019079774
Category
Last updated  15 Apr 2024
Map for 41A/495-511 Burwood Highway Vermont South VIC 3133

Property Highlights

Floor Area8 m²
Land AreaAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019079774
Category
Last updated  15 Apr 2024
Level 15, 627 Chapel Street South Yarra VIC 3141

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