Investment opportunity, Offices
| Building Area | 54m² |
|---|---|
| Rate | $4,500 per m² |
| Yield: | 7.40% |
| Sale History ID: | 41575 |
|---|---|
| Property ID: | 20930 |
| Advertised Price: | $243,000 |
|---|
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 Sauders Group International Group trading as Nordic Windows and Doors
- $18,000 + GST + outgoings in annual leasing income.
- 3-year lease with one further 3-year option
- $4,950.00security deposit + personal guarantees.
- 600 m* from Burwood Highway.
- 5 km* from the Monash.
POINT OF VIEW:
Why a great way to dip your toes in the commercial investment market.
*Approx.
Pricing excludes GST
| Features |
|---|
| Tenancy | Sauders Group International Group trading as Nordic Windows and Doors |
|---|---|
| Lease Term | 3-year lease with 1further terms of 3 years |
| Commenced | 24Th March 2025 |
| Rent Review | Annual by 3.0% |
| Bond/Guarantees | Directors Guarantees and $4,950.00 Bond |
| Outgoings Payable | By Tenant as per lease. |
| Age | Approx. 20 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 | $340.00 |
|---|---|
| Building Insurance | Included in Owners Corporation Fees |
| Council Rates | $1,219.10 |
| Water Rates | $2,224.00 |
| Land Tax | $975.00 |
| Essential Safety Measures | $673.00 |
| A/C Maintenance | TBC |
| Other Charges | 13.04% of OC5 $619.00 |
M | 0400 448 755
T | (03) 9623 2556
E | [email protected]
M | 0420 643 202
T | (03) 9623 2562
E | [email protected]