1551-1553A Burwood Highway Tecoma VIC 3160

A rare opportunity to secure a high-exposure commercial freehold in the heart of Tecoma's bustling retail strip. Perfect for the investor, owner-occupier or value-add buyer, this property offers a flexible layout with income security and untapped potential.

KEY FEATURES

Total Building Area: 257 sqm (approx.)
Total Land Area: 617 sqm (approx.)
Zoning: Commercial 1 Zone (C1Z)
Rear Access with On-Site Parking
High Exposure Location
Foot & Car Traffic All Day
Walking Distance to Tecoma Train Station

TENANCY DETAILS - 1553 & 1553A - LEASED INVESTMENT

Rental: $55,728 p.a. + GST + Outgoings
Lease Term: 3 years + 2 x 3-year options
Commencement: 1st July 2023
Annual Increases: 4% (including at renewal)

1551 – VACANT POSSESSION

Estimated Rental Value: $21,000 p.a. + GST + Outgoings
Ideal for owner-occupiers or investors seeking upside

For further information or to organise an inspection, please contact Appleby Commercial on (03) 8727 9555.