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1708-1710 Burwood Highway Belgrave, VIC 3160

Directions

1708-1710 Burwood Highway,
Belgrave, VIC 3160

Shops & Retail

Price information

Sale

$1,300,000 - $1,400,000

Key property information

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Number of Tenants
2 Tenants

Private inspections

to arrange a private inspection.

Map of 1708-1710 Burwood Highway

Directions
  • Train stations within 5 km of 1708-1710 Burwood Highway, Belgrave, VIC 3160Distance
    Belgrave Station43 m
    Tecoma Station1.1 km
    Upwey Station2.2 km
    Upper Ferntree Gully Station4.5 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 1708-1710 Burwood Highway, Belgrave, VIC 3160Distance
    Belgrave - Gembrook Rd/Main St (Belgrave)235 m
    Reynolds Lane/Main St (Belgrave)250 m
    Benson St/Belgrave-Hallam Rd (Belgrave)456 m
    Belgrave Swimming Pool/Best St (Belgrave)550 m
    Creek Rd/Belgrave-Gembrook Rd (Belgrave)626 m
    POWERED BY HERE ©
POWERED BY HERE ©

Prime "Trophy Corner" Retail Investment in the Belgrave Village

  • Gateway to the Dandenong Ranges Locale
  • High local significance as a landmark
  • Leased by Bensons & Ash and Oak Barbers
This “trophy corner” opportunity presents a highly secure investment prospect with both commercial properties long-leased to iconic and well-established local businesses. Located on the main street next door to the LPO with easy parking and a wide pedestrian frontage, the desirable retail location with unrivalled exposure to passing traffic swells with tourists on weekends and holidays with Puffing Billy train station and Belgrave station just footsteps away and is positioned in a “gateway” to the majestic Dandenong Ranges locale.

#1708 – Leased to Ash and Oak Barbershop - a diverse range of barbers bringing you the best cuts in the hills with a retail section selling apparel, leather goods and more plus a vibrant tattoo studio at the rear.

#1710 – Leased to iconic Bensons café and restaurant since 2003 (over 20 years), a fully licensed local institution open 7 days a week.

Both premises are fully leased and delivering returns of $81,740 excl GST per annum

The Opportunity:

• Rare opportunity to acquire two commercial business properties within the tightly held Belgrave Village.
• High local significance as a landmark building
• Distinct frontage to the pedestrian thoroughfare in a Commercial 1 Zone (C1Z)
• Surrounded by bustling bakeries, takeaway’s, cafes, supermarkets, wine bars, fashion boutiques and next door to the LPO.
• Moments to Woolworths, Cameo Cinemas and Belgrave train station

Historical Significance

Formerly the local bakery, the nineteenth century, timber clad, corner shop has an unusual beaded timber, stepped parapet, visible above a hipped, corrugated iron verandah. The larger of the shops is located at the corner of the former Bakery and has a traditional angled corner entry, highlighted by a taller parapet section with a decorative curved profile. The smaller shop faces Burwood Highway; its doorway location delineated by a stepped, rectangular element at parapet level. Both shops have undergone alterations, with the replacement of shopfront windows, doors and cladding. While the interior of the larger shop has been substantially modified, the smaller shop is relatively intact with remnant tiles and panelled timber above the shopfront window and original floorboards to the front interior.

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.

Property ID: 504609608Last Updated: 1 Nov 2024

04270998...
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1708-1710 Burwood Highway
Belgrave, VIC 3160
Bell Real Estate - Belgrave/Tecoma
1/1642 Burwood Highway
BELGRAVE, VIC 3160

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