Wantirna South
444 BURWOOD HIGHWAY,
Wantirna South, VIC 3152
Retail, Offices, Medical
Price Information
Private Sale
Contact Agent
Key property information
Floor Area: 180m²
Land Area: 186m²
VENDOR PREPARED TO MEET THE MARKET!
Positioned in a prime, high-traffic location directly opposite Westfield Knox, this well-presented two-level retail/office building offers investors a secure, income-producing asset within a tightly held and thriving commercial precinct.Fully leased to established tenants, the property delivers strong and reliable income underpinned by favourable lease terms, making it an ideal addition to any investment portfolio. The versatile configuration supports a range of uses including retail, medical and professional services, ensuring ongoing tenant demand.
PROPERTY FEATURES
- Total building area: 180m²*
- Prominent main road exposure
- Private on-site parking
- Separate access to first floor tenancy
- Kitchenette and amenities on both levels
- Modern ground floor fit-out
- Excellent surrounding public parking
- Opposite major retail destination (Westfield Knox)
SECURE INVESTMENT PROFILE
Ground Floor Tenancy
- Tenant: Men’s Hairdressing Salon
- Rental: $52,000 p.a. + GST + Outgoings
- Term: New 5 x 5 year lease (commenced 01/04/2025)
- Tenant: Leaf Massage
- Rental: $20,000 p.a. + GST + Outgoings
- Term: 3 years (commenced 09/04/2024)
- Options: 2 further terms of 3 years
- Annual increases: CPI with market review at term expiry
INVESTMENT HIGHLIGHTS
- Fully leased with strong holding income
- High-profile location with consistent foot and vehicle traffic
- Diverse tenancy mix across retail and service sectors
- Long-term growth potential in a proven commercial hub
*Denotes Approximate
