5/125-127 Highbury Road,
Burwood, VIC 3125
Warehouse, Factory & Industrial
Key property information
Floor area
Car spaces
Zoning
Tenure type
Sold on
CVA Property Consultants - Melbourne
18-20 Russell StreetMELBOURNE, VIC 3000
5/125-127 Highbury Road
Burwood, VIC 3125
Map of 5/125-127 Highbury Road
TAKING THE HIGH ROAD: INVESTING IN GOOD BUSINESS.
For sale via private sale by closing date Friday 30th June 2023 at 2pm.
POINT OF INTEREST:
A highly-valuable industrial asset with a tenant in tow, portfolios that stand the test of time have a foot in Burwood. For sale is 398 sqm* of showroom, warehousing and office space and a floorplan already admired by a well-established family business occupier. They’ve secured their leasing agreement (contractually and with a security deposit) to begin in July for five years, with a five-year option to follow for $71,640 annually. Included in the package are 5 allocated car spaces, a cafe on-site, and heating and cooling within the offices. The tightly-held neighbourhood hasn’t seen much movement, likely thanks to the proximity to Melbourne’s arterials and setting up close to Deakin University. You’re 600 m* from Burwood Highway (and the 75-tram), 3.4 km* from the Monash, and only half an hour from the CBD by car.
- Leased to Campbell and Heeps - Established in 1932 (https://www.campbellheeps.com.au/about-us/).
- New 5-year lease beginning 1/7/2023 with a further 5-year option.
- $71,640 + GST annual leasing income + Outgoings
- 6 months security deposit and personal guarantees.
- 398 sqm* of total building area.
- Industrial 3 zoning.
- 5 on-site car spaces.
- Heating and cooling within the offices.
- 600 m* to Burwood Highway.
- 3.4 km* to the Monash.
POINT OF VIEW:
The only thing better than buying into a business precinct is having the tenant already bought into their future here too — ten years' worth of buy-in, actually.
*Approx.
Pricing excludes GST
POINT OF INTEREST:
A highly-valuable industrial asset with a tenant in tow, portfolios that stand the test of time have a foot in Burwood. For sale is 398 sqm* of showroom, warehousing and office space and a floorplan already admired by a well-established family business occupier. They’ve secured their leasing agreement (contractually and with a security deposit) to begin in July for five years, with a five-year option to follow for $71,640 annually. Included in the package are 5 allocated car spaces, a cafe on-site, and heating and cooling within the offices. The tightly-held neighbourhood hasn’t seen much movement, likely thanks to the proximity to Melbourne’s arterials and setting up close to Deakin University. You’re 600 m* from Burwood Highway (and the 75-tram), 3.4 km* from the Monash, and only half an hour from the CBD by car.
- Leased to Campbell and Heeps - Established in 1932 (https://www.campbellheeps.com.au/about-us/).
- New 5-year lease beginning 1/7/2023 with a further 5-year option.
- $71,640 + GST annual leasing income + Outgoings
- 6 months security deposit and personal guarantees.
- 398 sqm* of total building area.
- Industrial 3 zoning.
- 5 on-site car spaces.
- Heating and cooling within the offices.
- 600 m* to Burwood Highway.
- 3.4 km* to the Monash.
POINT OF VIEW:
The only thing better than buying into a business precinct is having the tenant already bought into their future here too — ten years' worth of buy-in, actually.
*Approx.
Pricing excludes GST
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
CVA Property Consultants - Melbourne18-20 Russell Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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