37 Benwerrin Drive Burwood East VIC 3151

A fantastic opportunity to acquire a substantial Commercial 1 Zone allotment of 382 sqm with massive upside having an Approved Permit for ground floor retail/office and two residential apartments with associated parking.

The property is currently leased returning $57,510 p.a. + GST over two tenancies both on 1 year lease terms with options.

Property Features:

Great Return of 5.25%
Massive Land Area of 382 sqm
Commercial 1 Zone
Rear Access for On-Site Car Parking
Building Area: 251 sqm approximately
Wide 8..84m Frontage with Side Access
Fully Fitted Office Area
Established Burwood Locality
Walking Distance to Burwood/Blackburn Rd Tram Service
Close Proximity to Burwood One Shopping Centre

The building provides great potential for a short term investor or developer within a highly sought after and established location.

For further information please contact the Commercial Team.