1631-1633 Burwood Highway,
Belgrave, VIC 3160

An exciting opportunity exists here to buy the best investment in town! Currently the property has two tenants, one being a long established therapy/massage and the other a retail boutique. The current tenant (massage) has a 2 year lease in operation with one further option of 2 years and is currently paying $20,289 (plus GST) and will increase to $21,065 per annum (plus GST) plus outgoings in October 2022. The boutique tenant is currently in operation on a 3 year lease with a further 3 x 3 and is currently paying $19,281(Plus GST) and will increase to $19,860 per annum (Plus GST) plus outgoings in September 2022. To put it simply this is a top quality investment!! Situated on the busy Burwood Highway this commercial site has plenty of passing foot traffic being next door to Woolworths and other thriving Belgrave businesses. Investment properties in this price range very rarely come onto the market and with the standard of shops improving in Belgrave, this is sure to be a winning investment to add to your portfolio. There is also ample parking for both tenants. This is a terrific investment where the numbers simply stack up. Be sure to book your inspection today as shops in Belgrave really don't last long!!

Please note: All property details shown are correct at time of publishing.