Property ID: 13524537
Raine & Horne Commercial are pleased to present 132 Burswood Rd, Burswood to the market for sale.
The property is well positioned along sought after Burswood Road, an ever popular commercial and growing mixed use development precinct, situated between Albany Hwy & Shepparton Road to the south and Great Eastern Hwy to the north.
The character building provides for simple, yet functional offices space of approximately 90sqm plus further 30sqm storage area. The property sits on a land parcel of 400sqm, with rear ROW access and 14m frontage to Burswood Road. The site is a prime candidate for future commercial or mixed use development or alternatively renovation or extension (STCA) depending on a buyers interests.
It is currently leased to a long standing tenant that has been at the premises for nearly a decade with their current 3 year lease expiring 2019. The site will provide a buyer solid holding income whilst they plan any refurbishment, extension or redevelopment of the site and be sold as a going concern for GST purposes.
• Land Size: 400 sqm
• Building Area: 90 sqm* plus 30 sqm* of storage area (*approx)
• Prime Burswood Road frontage & exposure
• Secure holding income from long standing tenant
• Green Title site
• Growth location
• Prime development site
• Close proximity to public transport
• Rear ROW access
For Sale: $740,000 (Sold ‘Going Concern’ for GST purposes)
For further information on this property or to arrange a viewing please contact the sales agents.
|Building / Floor Area||121 sqm|
Raine & Horne Commercial knows local and regional property markets intimately, with the support and systems of a long-established national and international property group. Our clients benefit from our network strength, which allows substantial cross-flow of international referral, advice and investment.