BAYSIDES BEST DRESSED INVESTMENT OPPORTUNITY.

Sale Details

Sold on 27 Nov 2025 for $1,100,000

Description

POINT OF INTEREST:

Like a timeless designer piece, 34 East Concourse is cut to perfection — refined, versatile, and impossible to overlook. Anchored in the heart of Beaumaris’ iconic Concourse, this freehold retail investment pairs classic commercial fundamentals with great taste. Currently leased to fashion boutique Jorge Lifestyle since 2008, the single-level shop presents a clean, light-filled interior of 146.5 sqm*, complete with heating and cooling, staff amenities, and valuable rear access with 2 on-title car spaces. With over 300 public car parks right at the doorstep and a generous 6 m* frontage, visibility and convenience are stitched into every seam. Set on 193 sqm* of Commercial 1-zoned land, this property delivers both security and style with a quality tenant in place and the flexibility to adapt for future retail, café, or hospitality use.

- Leased to long-term tenant since 2008 on a recently renewed lease to November 2029 with further options.
- $49,624.01 per annum in leasing income from April 2026.
- 146.5 sqm* total building area.
- 193 sqm* total land area.
- Street frontage of 6.1 metres*.
- 2 on-site car spaces with over 300 public car parks within the Concourse.
- Future two-storey development potential (STCA).
- Commercial 1 zoning.
- 860 m* to Beach Road.
- Surrounded by local drawcards like IGA, Hagen’s Organics, Terry White, and Beaumaris Cellars.

POINT OF VIEW:

A tenant in occupation for 17 years and a tightly held location that's consistently in demand and proven to stand the test of time — for investors chasing a strong yield in a postcode that never goes out of fashion, this is the perfect fit.

*Approx.
Pricing excludes GST