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1351 Burke Road
Kew VIC 3101
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Sold on 5 Dec 2019

1351 Burke Road Kew VIC 3101

  • Shop & Retail
  • 370 m²
  • Sold, $1,315,000

Secure Retail Investment

Located opposite the iconic Bocaccio Cellars in the busy Stradbroke Shopping Strip near the corner of Burke Road and Harp Road, this expansive 2 level property has its own proud history trading as a bicycle shop for more than 25 years.

Key features:

Rent: $50,000 per annum net plus GST
Renewal of Lease: 3 years commencing 1st August, 2019
Further term: 3 years
Rent review: Annual 3% increases and a review to market value upon the commencement of the Further Term
Retail tenancy area: 120 sqm approx
Functional workshop and storage areas
Total Building area: 370 sqm approx
Land area: 240 sqm approx
Rear under croft parking and rear access
ROW access from Harp Road
Zoned Commercial 1
Blue-chip suburb, well established local shopping precinct

Terms: 10% Deposit. Balance payable within 60/90 days
Inspection by appointment:

Contact Agents:
Nick Mavrodoglos 0402 318 825
Daniel Roccisano 0428 839 739
Charles Carty 0438 277 050

Address1351 Burke Road Kew VIC 3101
ZoningC1Z - Commercial 1 Zone (C1Z)
CouncilBOROONDARA CITY
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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AUCTION

Auction date and time05/12/2019 12:00
Auction location1351 Burke Road, Kew VIC
Belle Property Commercial South Melbourne
Belle Property Commercial South Melbourne
100 Tope Street
South Melbourne, VIC 3205

Property Highlights

Date Sold5 Dec 2019
Sold Price$1,315,000
Floor Area370 m²
Land Area240 m²
ParkingAsk Agent
Virtual TourView Tour
Property ID2015295759
Category
Last updated  5 Dec 2019
Map for 1351 Burke Road Kew VIC 3101

Nearest transport* to 1351 Burke Road Kew VIC 3101

Bus
Train
Tram
Stradbroke Park/Harp Rd (Kew East)55 m
Burke Rd/Belmore Rd (Balwyn)69 m
Harp Rd/Burke Rd (Kew)87 m
Stradbroke Park/Burke Rd (Kew)154 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Belle Property Commercial South Melbourne
Belle Property Commercial South Melbourne
100 Tope Street
South Melbourne, VIC 3205

Property Highlights

Date Sold5 Dec 2019
Sold Price$1,315,000
Floor Area370 m²
Land Area240 m²
ParkingAsk Agent
Virtual TourView Tour
Property ID2015295759
Category
Last updated  5 Dec 2019

Co-Agents

Charles Carty
Charles Carty
Belle Property Commercial South Melbourne
Call
0438 277 050
Nick Mavrodoglos
Nick Mavrodoglos
Belle Property Commercial South Melbourne
Call
0402 318 825
Daniel Roccisano
Daniel Roccisano
Belle Property Commercial South Melbourne
Call
0428 839 789

More about 1351 Burke Road Kew VIC 3101

1351 Burke Road Kew VIC 3101 is categorized as Shop & Retail Property. It has a floor area of 370 m² and a land area of 240 m². The listing ID for this property is 2015295759.

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