1417 Burke Road,
Kew, VIC 3101
Shops & Retail
Key property information
Land area
Floor area
Tenure type
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Map of 1417 Burke Road
Beaurepaires Kew: Long Term Security + Future Development Upside
- HIGHLY SECURE INCOME OF $161,200* P.A.
- 780sqm* TRIPLE FRONTED SITE
- 5 YR NET LEASE TO GOODYEAR/BEAUREPAIRES
Prime retail investment leased to Beaurepaires (owned by Goodyear), Australia's largest and most trusted tyre retail with over 250 stores nationally
Located on the high exposure junction of Burke Road and High Street with 25,000 cars passing daily, and 83m* of valuable frontage
Outstanding security with new five (5) year net lease and maximum tenure to 2025 (tenant has occupied this site for over 30 years) plus fixed 4% annual rental increases
780sqm* triple fronted allotment providing huge future development potential (STCA) in the affluent suburb of Kew East
Net annual income of $161,200* + GST + outgoings
FOR SALE VIA PUBLIC ON-SITE AUCTION, FRIDAY 26th AUGUST 2016 AT 12.30PM
For more information, please contact the exclusive sales and marketing agents:
CBRE
Rorey James
+61 439 400 081
Josh Rutman
+61 411 273 746
Beller Commercial
Brendan Goss
+61 400 575 596
Fred Nucara
+61 418 567 560
*approx
Located on the high exposure junction of Burke Road and High Street with 25,000 cars passing daily, and 83m* of valuable frontage
Outstanding security with new five (5) year net lease and maximum tenure to 2025 (tenant has occupied this site for over 30 years) plus fixed 4% annual rental increases
780sqm* triple fronted allotment providing huge future development potential (STCA) in the affluent suburb of Kew East
Net annual income of $161,200* + GST + outgoings
FOR SALE VIA PUBLIC ON-SITE AUCTION, FRIDAY 26th AUGUST 2016 AT 12.30PM
For more information, please contact the exclusive sales and marketing agents:
CBRE
Rorey James
+61 439 400 081
Josh Rutman
+61 411 273 746
Beller Commercial
Brendan Goss
+61 400 575 596
Fred Nucara
+61 418 567 560
*approx
Kew, 3101 demographic data
The median household income for Kew is $2,497, 31% higher than Greater Melbourne's household income of $1,901. Kew has an older age profile compared to the rest of Greater Melbourne (median age 41 vs 37). Property ownership data shows 41% of property owners in Kew have a mortgage.
24,499
Population
$2,497 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
03 8621 33...
1417 Burke Road
Kew, VIC 3101
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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602-604 High Street,Kew, VIC 3101 180 m²Shops & Retail • Offices • Development Sites & Land
