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1351 Burke Road Kew, VIC 3101

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1351 Burke Road,
Kew, VIC 3101

Shops & Retail

Price information

Sold

$1,315,000

Key property information

Land area

Floor area

Sold on

Map of 1351 Burke Road

Directions

Secure Retail Investment’

Located opposite the iconic Bocaccio Cellars in the busy Stradbroke Shopping Strip near the corner of Burke Road and Harp Road, this expansive 2 level property has its own proud history trading as a bicycle shop for more than 25 years.

Key features:

• Rent: $50,000 per annum net plus GST
• Renewal of Lease: 3 years commencing 1st August, 2019
• Further term: 3 years
• Rent review: Annual 3% increases and a review to market value upon the commencement of the Further Term
• Retail tenancy area: 120 sqm approx
• Functional workshop and storage areas
• Total Building area: 370 sqm approx
• Land area: 240 sqm approx
• Rear under croft parking and rear access
• ROW access from Harp Road
• Zoned Commercial 1
• Blue-chip suburb, well established local shopping precinct

Terms: 10% Deposit. Balance payable within 60/90 days
Inspection by appointment:

Contact Agents:
Nick Mavrodoglos 0402 318 8...
Daniel Roccisano 0428 839 739
Charles Carty 0438 277 050

Additional information

Property ID: 503380506Last Updated: 29 Jan 2020

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1351 Burke Road
Kew, VIC 3101
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