Michelle Lanigan Real Estate Pty Ltd Home
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Property Details

For Sale - 444 BURWOOD HIGHWAY, Wantirna South VIC 3152

Dual Income and secure leases

Offices, Retail, Showroom
Property ID: 11420
Price: $1,450,000
Building: 180m²
Land: N/A

PROPERTY DESCRIPTION

Michelle Lanigan Real Estate in conjunction with Appleby Real Estate are pleased to offer 444 Burwood Highway, Wantirna South for sale.

This 2 level retail building offers investors the ability to purchase a high exposure commercial asset located in a strategic position opposite Westfield Knox and is within a vibrant and tightly held strip complex.

Ground Floor
• Currently leased to Astral Barbers (Trading Name)
• 5 years + one option of 5 years
• Commenced April 2025
• Annual review of 3.5%
• Market review at the commencement of a new term
• $52,000.00 pa plus outgoings

First Floor
• Currently leased to Healthy Massage (trading name)
• 3 years + two options of 3 years
• Commenced April 2024
• Annual review of CPI
• Market review at the commencement of a new term
• $22,512.60 pa plus outgoings

Location
Approx. 25 kilometres east of the Melbourne CBD in the City of Knox

Zoning
Commercial 1 Zone

For full details or to arrange inspection, please contact

Michelle Lanigan - 0417 361 161
Philip Leeson - 0417 389 514
John Katselas - 0411 110 997

COMPONENTS

NAME BUILDING LAND RENT (p.a.) PRICE
Total 180m² N/A N/A $1,450,000
Hint: Slide table sideways to view all information.

ADDITIONAL INFO

FEATURES
Bond yes
PROPERTY OVERVIEW
Property ID: 11420
Price: $1,450,000 Rent: N/A
Building: 180m² Land: N/A
AGENT DETAILS
  • Michelle Lanigan

    P: (03) 9761 0777
    M: 0417 361 161

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