37 Benwerrin Drive,
Burwood East, VIC 3151

Shops & Retail • Development Sites & Land • Offices

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Suit Developer, Investor or Owner Occupier

A fantastic opportunity to acquire a substantial Commercial 1 Zone allotment of 382 sqm with massive upside having an Approved Permit for ground floor retail/office and two residential apartments with associated parking.

The property is currently leased returning $57,510 p.a. + GST over two tenancies both on 1 year lease terms with options.

Property Features:

• Great Return of 5.25%
• Massive Land Area of 382 sqm
• Commercial 1 Zone
• Rear Access for On-Site Car Parking
• Building Area: 251 sqm approximately
• Wide 8..84m Frontage with Side Access
• Fully Fitted Office Area
• Established Burwood Locality
• Walking Distance to Burwood/Blackburn Rd Tram Service
• Close Proximity to Burwood One Shopping Centre

The building provides great potential for a short term investor or developer within a highly sought after and established location.

For further information please contact the Commercial Team.

Property ID: 502559670Last Updated: 27 Aug 2021

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