Located in one of the area's premier showroom precincts and returning $43,000/annum plus GST and outgoings this retail investment offering provides investors with a high yielding long term investment.
With a retail area of 132sqm* together with One (1) secure on-site basement car space, the premises presents an ideal investment with the tenant being in occupation for almost 5 years. The property is located approximately 4.6km* east of the Melbourne CBD. Burwood Road is a major arterial road that runs in a west/east direction from Richmond to Camberwell.
The Burwood Road, Hawthorn strip is the area's premier showroom precinct, renowned for its homewares and recreation.
The area is considered one of Melbourne's premier residential addresses with a Median House Price of $1,997,500 and annual capital growth at 8.47%. Strongly trading Bunnings Warehouse, Snooze, Going Going Green and Bed Bath and Table are nearby, in addition numerous major speciality shops and services.
Property features include :-
- Floor area 132sqm*
- Rent $43,000 net from 08/01/2018
- One (1) Secure basement car park
- Long term tenant
- Premier retail showroom precinct
To inspect or for further information please contact Paul Waterhouse or Stefanie Taylor.
Approximately*
