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Sold on 20 May 2021

26 Burwood Highway Burwood VIC 3125

  • Shop & Retail
  • 107 m²
  • Sold

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.

    AUCTION

    Auction date and time20/05/2021 12:00
    Auction location26 Burwood Highway, Burwood VIC
    Theo Karkanis
    Ray White Oakleigh Commercial
    Theo Karkanis
    Ray White Oakleigh Commercial

    Property Highlights

    Property ID2016940180
    Date Sold20 May 2021
    Floor Area107 m²
    Land Area188 m²
    ParkingAsk Agent
    Category
    Last updated  20 May 2021
    Map for 26 Burwood Highway Burwood VIC 3125
    Map for 26 Burwood Highway Burwood VIC 312526 Burwood Highway Burwood VIC 3125
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Theo Karkanis
    Ray White Oakleigh Commercial
    Theo Karkanis
    Ray White Oakleigh Commercial

    Property Highlights

    Property ID2016940180
    Date Sold20 May 2021
    Floor Area107 m²
    Land Area188 m²
    ParkingAsk Agent
    Category
    Last updated  20 May 2021
    Ray White Oakleigh Commercial
    Level 1, 7-9 Atherton Road Oakleigh VIC 3166
    Theo Karkanis
    Ray White Oakleigh Commercial
    Theo Karkanis
    Ray White Oakleigh Commercial

    Ask Theo Karkanis about this property

    Theo Karkanis

    Theo Karkanis

    Ray White Oakleigh Commercial

    0431 *** ***
    0431 391 035

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