Burwood VIC 3125

For Sale Price On Application

  • 3 Bed
  • 1 Bath
  • 7 Car
  • 576 sqm (approx) Land Area

Guaranteed Rental Stream While the Land Appreciates in Value

Receiving a secured income at $2712 per month (5+5+5year lease) plus annual increases, while seeing the land value appreciates over time. Future potential for medical practice, child care or professional consultation (STCA).

CORNER BLOCK WITH SIGNIFICANT MAIN ROAD EXPOSURE

5 X 5 x 5 YEAR LEASE

BUSINESS TENANT

RETURNING $32,549 / ANNUM

AMPLE PARKING AT REAR

A rare investment opportunity with the following key attributes:

- Exceptional main street corner exposure for business

- Current lease commenced Feb 2017 until 2022 plus 5 x 5 year option

- $32,549 per annum plus annual increases.

- 7 Car spaces at rear

- Air-conditioner in each room

- Keyless password access

- 400 metres to Tram75 and various bus routes

- Future possibility for medical / childcare / consultation (STCA).

- 5 minutes walk to Burwood Heights Shopping Centre, Woolworths, local cafes and restaurants

- Bus 733 at door step, 5 min walk to Tram 75 direct to CBD

- Deakin Uni, PLC just few stops away

- A short stroll to local parks and reserves

- Within the well-regarded Mount Waverely Secondary College school zone

Terms 10% Deposit. Balance 30/60/90 Days

To arrange an inspection or for more information please contact Grace 0412083861

Make enquiry

MORTGAGE CALCULATOR




  

This property is proudly listed by:

First National Real Estate Janssen & Co 1143 Burke Road
Kew VIC 3101

Open for Inspection

By Appointment

Additional information

Property Type House
Property ID 12036100144
Price Price On Application
Land Area 576 sqm (approx)
Air Conditioning
Study