17 Burwood Highway,
Burwood, VIC 3125
Shops & Retail
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Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
17 Burwood Highway
Burwood, VIC 3125
Map of 17 Burwood Highway
SPICE UP YOUR INVESTMENT PORTFOLIO
- Brand new 5-year lease
- Established tenant
- Rear lane access
*****SOLD*****
Gross Waddell ICR is pleased to offer this bite sized investment which is securely leased to a long-standing tenant, as part of the ‘Signature Auction Portfolio’.
https://gwicrsignatureauctionseries.com.au/
• Single level retail investment leased to long established ‘Spice Nation’
• Brand new 5-year lease from September 2021 with a further 5-year option
• Leased for $30,000 net per annum* and fixed 4% annual increases
• 100 sqm* freehold on valuable 158 sqm* of Commercial 1 Zone (C1Z) land
• Located near the corner of Warrigal Road and a part of the tightly held retail precinct
• Located within Burwood Village shopping precinct which includes retailers such as IGA Supermarket, Australia Post, Chemist Warehouse, Westpac and Commonwealth Banks
• Burwood boasts a median house price of $1,460,0000 (source REIV)
The property is to be sold via Public Auction as part of the ‘Signature Auction Portfolio’ and held at Leonda by the Yarra from 11 am on Thursday the 7th of April 2022. For further information or to organise an inspection, please contact Gross Waddell ICR directly.
*Approx.
Gross Waddell ICR is pleased to offer this bite sized investment which is securely leased to a long-standing tenant, as part of the ‘Signature Auction Portfolio’.
https://gwicrsignatureauctionseries.com.au/
• Single level retail investment leased to long established ‘Spice Nation’
• Brand new 5-year lease from September 2021 with a further 5-year option
• Leased for $30,000 net per annum* and fixed 4% annual increases
• 100 sqm* freehold on valuable 158 sqm* of Commercial 1 Zone (C1Z) land
• Located near the corner of Warrigal Road and a part of the tightly held retail precinct
• Located within Burwood Village shopping precinct which includes retailers such as IGA Supermarket, Australia Post, Chemist Warehouse, Westpac and Commonwealth Banks
• Burwood boasts a median house price of $1,460,0000 (source REIV)
The property is to be sold via Public Auction as part of the ‘Signature Auction Portfolio’ and held at Leonda by the Yarra from 11 am on Thursday the 7th of April 2022. For further information or to organise an inspection, please contact Gross Waddell ICR directly.
*Approx.
Burwood, 3125 demographic data
The median household income for Burwood is $1,684, 11% lower than Greater Melbourne's household income of $1,901. Burwood has a younger age profile compared to the rest of Greater Melbourne (median age 34 vs 37). Property ownership data shows 44% of property owners in Burwood have a mortgage.
15,147
Population
$1,684 per week
Median household income
34 years
Median age
Owners
Most residents
Families
Most households
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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