Investment opportunity, Retail
| Building Area | 365m² |
|---|---|
| Rate | $3,370 per m² |
| Yield: | 5.44% |
| Sale History ID: | 41295 |
|---|---|
| Property ID: | 20794 |
| Advertised Price: | $1,230,000 |
|---|
POINT OF INTEREST:
Unlock an exceptional investment opportunity in Burwood’s boutique commercial hub. Located prominently on Highbury Road, this bright and modern building is home to a mix of successful businesses, including the thriving Bells & Whistles café. With multiple units available, all featuring allocated parking, this location combines functionality with accessibility. Just 600 meters* from Burwood Highway and 5 km* from the Monash Freeway, it offers unbeatable convenience in Melbourne's sought-after eastern corridor.
- Leased to Life Yossa Pty Ltd, trading as Bells & Whistles café.
- $67,000 + GST + outgoings in annual leasing income.
- Annual CPI increases.
- 5-year lease with two further 5-year options (option exercised).
- $16,500 security deposit + personal guarantees.
- 600 m* from Burwood Highway.
- 5 km* from the Monash.
POINT OF VIEW:
Why settle for less when you can secure the best? Invest in a proven performer like Bells & Whistles café for a steady return in a high-demand location.
*Approx.
Pricing excludes GST
| Features |
|---|
| Tenancy | Life Yossa Pty Ltd trading as Bells & Whistles café. |
|---|---|
| Lease Term | 5-year lease beginning 1st June 2019 with 2 further terms of 5 years each (Option has been exercised) |
| Commenced | 1st June 2019 |
| Rent Review | Annual by CPI |
| Bond/Guarantees | $16,500 security deposit + personal guarantees. |
| Outgoings Payable | By Tenant as per lease |
| Age | Approx. 30 years |
| Air Conditioner | Yes |
| Availability | 60 Days |
| Car Parking Fees | Including in rental |
| Car Spaces | Common |
| Condition | Excellent |
| Floors | Concrete/carpet |
| Height | 2.7 meters |
| Lifts | N/A |
| Roller Doors | N/A |
| Zoning | Industrial 3 Zone |
| Outgoings |
|---|
| Owners’ Corporation | $2,514.00 |
|---|---|
| Council Rates | $2,820.00 |
| Water Rates | $2,224.00 |
| Land Tax | $975.00 |
| Essential Safety Measures | $673.00 |
| A/C Maintenance | TBC |
M | 0400 448 755
T | (03) 9623 2556
E | [email protected]
M | 0420 643 202
T | (03) 9623 2562
E | [email protected]