Tecoma
1551-1553A Burwood Highway,
Tecoma, VIC 3160
Offices, Retail, Medical
Price Information
Private Sale
Contact Agent
Key property information
Floor Area: 257m²
Land Area: 617m²
PRIME FREEHOLD INVESTMENT OPPORTUNITY
A rare opportunity to secure a high-exposure commercial freehold in the heart of Tecoma's bustling retail strip. Perfect for investors and value-add buyers, this property offers a flexible layout with income security and untapped potential.KEY FEATURES
- Total Building Area: 257 sqm (approx.)
- Total Land Area: 617 sqm (approx.)
- Zoning: Commercial 1 Zone (C1Z)
- Rear Access with On-Site Parking
- High Exposure Location
- Foot & Car Traffic All Day
- Walking Distance to Tecoma Train Station
TENANCY DETAILS
SHOP 1553 & 1553A
- Rental: $55,728 p.a. + GST + Outgoings
- Lease Term: 3 years + 2 x 3-year options
- Commencement: 1st July 2023
- Annual Increases: 4% (including at renewal)
- Rental: $21,000 p.a. + GST + Outgoings
- Lease Term: 2 years + 5 years
- Commencement: 1st September 2025
- Annual Increases: 3% & Market Review at Option
For further information or to organise an inspection, please contact Appleby Commercial on (03) 8727 9555.
