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1417 Burke Road
Kew VIC 3101
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Sold on 26 Aug 2016

1417 Burke Road Kew VIC 3101

  • Shop & Retail
  • 780 m²
  • Sold

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

CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold26 Aug 2016
Floor Area780 m²
Land Area780 m²
ParkingOn site parking available
Property ID2012953626
Category
 Shop & Retail
Last updated  3 Oct 2023
Map for 1417 Burke Road Kew VIC 3101

Nearest transport* to 1417 Burke Road Kew VIC 3101

Bus
Train
Tram
Ferry
Burke Rd/Kilby Rd (Kew East)62 m
Kilby Rd/Burke Rd (Kew East)112 m
Burke Rd/Doncaster Rd (Kew East)188 m
Walbundry Dr/Burke Rd (Kew East)201 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
 *Within a 4km radius
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The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.
CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold26 Aug 2016
Floor Area780 m²
Land Area780 m²
ParkingOn site parking available
Property ID2012953626
Category
 Shop & Retail
Last updated  3 Oct 2023

Listed by

Fred Nucara
Fred Nucara
Aston Commercial
Call
0418 567 560

Enquire about this property

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            More about 1417 Burke Road Kew VIC 3101

            1417 Burke Road Kew VIC 3101 is categorized as Shop & Retail Property. It has a floor area of 780 m² and a land area of 780 m². The listing ID for this property is 2012953626.

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