Shop 8/8 Burwood Hwy Burwood East VIC 3151

Shop & Retail
113 m²
Sold, $985,000

HIGH YIELDING INVESTMENT

For Sale via Expressions of Interest (EOI) closing Wednesday 2nd October, at 2:00pm

Own your own retail premises with 5.7 metre frontage in the thriving Burwood Heights Shopping Centre. Long standing tenant since 1990 trading as 8 Artisan Bakery with a current net rental of $50,295 pa with approx. 4 years remaining of a 5 year term, 3% annual rent increases and a 5 year option.

The Centre is located on the busy intersection of Burwood Highway and Middelborough Road and boasts 340 carparks and 30 specialty stores including Woolworths, Caltex, BWS, Post Office, Chemist and a Medical Centre. Located opposite the RSPCA headquarters with Deakin University only a couple of tram stops away. This is an afforadble investment to say the least.

Disclaimer:
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers/lessees are advised to carry out their own investigations.

EXPRESSION OF INTEREST

Closing date and time	02/10/2019 14:00
Recipient name	Ask Agent
Delivery address	Ask Agent

Lemon Baxter Pty Ltd

Level 1, 68 Clarke St

South Melbourne, VIC 3205

Property Highlights

Date Sold	4 Oct 2019
Sold Price	$985,000
Floor Area	113 m²
Land Area	Ask Agent
Parking	On site parking available
Property ID	2015554156
Category	Shop & Retail
Last updated	7 Oct 2019

Map for Shop 8/8 Burwood Hwy Burwood East VIC 3151

Nearest transport* to Shop 8/8 Burwood Hwy Burwood East VIC 3151

Bus

Train

Tram

Burwood Hwy/Middleborough Rd (Burwood East)	50 m
Middleborough Rd/Burwood Hwy (Burwood East)	53 m
Burwood Hwy/Middleborough Rd (Burwood)	58 m
Middleborough Rd/Burwood Hwy (Burwood East)	108 m

*Within a 4km radius

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Lemon Baxter Pty Ltd

Level 1, 68 Clarke St

South Melbourne, VIC 3205

Property Highlights

Date Sold	4 Oct 2019
Sold Price	$985,000
Floor Area	113 m²
Land Area	Ask Agent
Parking	On site parking available
Property ID	2015554156
Category	Shop & Retail
Last updated	7 Oct 2019

Listed by

Lemon Baxter Pty Ltd

Call

03 9699 7500

More about Shop 8/8 Burwood Hwy Burwood East VIC 3151

Shop 8/8 Burwood Hwy Burwood East VIC 3151 is categorized as Shop & Retail Property. It has a floor area of 113 m². The listing ID for this property is 2015554156.