Contact the agent if you'd like further information.
Retail for Sale in Tecoma
EXCEPTIONAL FREEHOLD INVESTMENT: Shop + Dwelling
- Building: 173m²
- Land: 464.84m²
Next Steps:
Enquire with agentKey Highlights
- Renovated Shop and Rear Dwelling
- High Traffic location with good supporting businesses
- Value Add opportunity moving forward
- Reliable cashflow for the time being
Secure your stake in a highly sought-after location with this high-quality freehold investment opportunity.
Boasting prominent Burwood Highway exposure in a thriving local & tourist destination, this property is ideal for investors seeking a prime asset near Tecoma train station.
Investment Details:
Zoning: Commercial 1 Zone (C1Z)
Land: 478 m² approx.
Income: $40,019 p.a. current rent with attractive 4% annual reviews.
Long-Term Security: 5-year lease (commenced June 2023) plus three 5-year options; tenant committed fit out, unlikely to want to leave
Prime Exposure: 9m² frontage and in the main shopping strip, ensuring significant road and foot traffic
Strategic Location: Near schools and public transport
Development Potential (STCA)
This freehold building, with long-term tenants, offers steady income and significant future potential. Prompt inspection is highly advised!
RWC Glen Waverley is proud to offer 1541 Burwood Highway for sale
Note - this is an off market opportunity for 60 days, after which time it will be available to the open market.
Please contact one of the exclusively appointed RWC Agents listed below for a copy of the Information Memorandum, Contract, to arrange for a private inspection.
*Denotes approximate
173m²
464.84m² / 0.11 acres
Vacant
Next Steps:
Enquire with agentDue diligence checklist for home and residential property buyers
Agents
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