22 Banksia Street Burwood, VIC 3125

Secure a trophy investment in one of Burwood's most coveted pockets. This is not just a café freehold; it is a meticulously transformed asset featuring a stunning, high-end renovation and a bespoke fit-out that sets a new benchmark for the local area.
Operating as a beloved community destination for over a decade, the property has undergone a complete contemporary overhaul to cater to the affluent local demographic.

Investment Highlights:

• The property features a brand-new, high-quality renovation designed for maximum operational efficiency and aesthetic appeal.
• Benefit from the heavy lifting already being done, with premium finishes throughout the 60 m² floor area and a revitalised outdoor dining experience.
• Secured by a brand new 10-year lease commenced 1 November 2025, with three (3) further options of five (5) years each.
• Current rental return of $78,000 per annum + GST & Outgoings(including management fees).
• Fixed 4% annual increases, providing a hedge against inflation and ensuring consistent capital growth.

Location & Lifestyle:

• The substantial 170 m² land holding features a unique rear courtyard that opens directly onto the Banksia-Waratah Reserve.
• Located opposite Wattle Park Primary School, ensuring high-frequency daily trade from families and staff.
• Burwood (3125) boasts a strong median house price of $1,502,500 up 11.3% over the past 12 months*

This is a rare opportunity to acquire a "set-and-forget" investment where the quality of the building matches the strength of the lease covenant.