Sold
$1,450,000
411 Burwood Highway, Vermont South VIC 3133
House
415
Block size: 647 m² approx.
SECURE INVESTMENT PROPERTY WITH LONG RUNNING LEASE IN PRIME LOCATION!
Biggin Scott Real Estate, Glen Waverley proudly presents for sale 411 Burwood Highway, Vermont South under Residential Growth Zone - Schedule 1 (RGZ1)
In prominent corner position on well-known Burwood Highway this well-established investment property, currently leased to a long-standing tenant in Capital Radiology Pty Ltd, is seeking a new owner. Presently offering tenants a five-year lease from 1 December 2020 with a renewed rent of $4201.87 per month ($58,847.28 per annum) plus GST. The rent is subject to CPI review annually.
The same tenants started the lease since 2010 and it's a secure investment in a health-related precinct.
Currently operating as an advanced medical imaging clinic (Capital Radiology Vermont MRI) and perfectly located on a high traffic volume thoroughfare, this property has direct access to Burwood Highway tram stops and pedestrian crossings, easy reach to Vermont South shops, Forest Hill Chase and The Glen Shopping Centre, Glen Waverley & Nunawading train stations, Emmaus College, Deakin University, Presbyterian Ladies' College and zoned to Highvale Secondary College (STSA).
Key attributes:
•High exposure corner allotment
•Long standing tenant in Capital Radiology Pty Ltd since 2010
•Five year lease from 1 December 2020
•Current rent is $58,847.28 per annum plus GST
•Rent is subject to CPI review annually
•Reception space incorporating dual aspect waiting room
•Staff tea room with wet area
•Two private offices
•Two separate MRI rooms each with imaging control area
•Two change alcoves
•Large storeroom
•Disable access ramp
•Disabled access WC
•Carport with 3 parking bays plus one emergency vehicle parking spot
•Separate gated access from Consort Avenue
•Heating/cooling systems
•Alarm
•On-street parking
•Central location with direct access to Burwood Highway tram stops, pedestrian crossings and in easy reach of Vermont South shops, Forest Hill Chase and The Glen Shopping Centre, Glen Waverley & Nunawading train stations, Emmaus College Deakin University, Presbyterian Ladies' College.
In prominent corner position on well-known Burwood Highway this well-established investment property, currently leased to a long-standing tenant in Capital Radiology Pty Ltd, is seeking a new owner. Presently offering tenants a five-year lease from 1 December 2020 with a renewed rent of $4201.87 per month ($58,847.28 per annum) plus GST. The rent is subject to CPI review annually.
The same tenants started the lease since 2010 and it's a secure investment in a health-related precinct.
Currently operating as an advanced medical imaging clinic (Capital Radiology Vermont MRI) and perfectly located on a high traffic volume thoroughfare, this property has direct access to Burwood Highway tram stops and pedestrian crossings, easy reach to Vermont South shops, Forest Hill Chase and The Glen Shopping Centre, Glen Waverley & Nunawading train stations, Emmaus College, Deakin University, Presbyterian Ladies' College and zoned to Highvale Secondary College (STSA).
Key attributes:
•High exposure corner allotment
•Long standing tenant in Capital Radiology Pty Ltd since 2010
•Five year lease from 1 December 2020
•Current rent is $58,847.28 per annum plus GST
•Rent is subject to CPI review annually
•Reception space incorporating dual aspect waiting room
•Staff tea room with wet area
•Two private offices
•Two separate MRI rooms each with imaging control area
•Two change alcoves
•Large storeroom
•Disable access ramp
•Disabled access WC
•Carport with 3 parking bays plus one emergency vehicle parking spot
•Separate gated access from Consort Avenue
•Heating/cooling systems
•Alarm
•On-street parking
•Central location with direct access to Burwood Highway tram stops, pedestrian crossings and in easy reach of Vermont South shops, Forest Hill Chase and The Glen Shopping Centre, Glen Waverley & Nunawading train stations, Emmaus College Deakin University, Presbyterian Ladies' College.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Lily Liaw to learn more about this property, request an inspection or take an online tour.
Property walkthrough
Key details
Bedrooms:
4
Bathrooms:
1
Garage Spaces:
5
Property type:
House
Block Size:
647 m²*
Other Details
Lot:
50
Plan:
LP79838
Legal description:
50\LP79838
Maps and area information
Block information
Block size: 647m² (approx)
Legal description: 50\LP79838
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
05 Mar 2024
Sold
Biggin & Scott Glen Waverley
$1,450,000
Contract: 05/03/2024
Listed: 22/01/2024
Days on market: 43
Block size: 647m²
Transfer type: Full transfer
Statement of information
Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.
Vermont South suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
48 years
Population
11,954
More sales listings from Lily Liaw
View all sales listings for Lily Liaw
Listing ID: 182235417. This listing has been viewed 5 times. It was first displayed on 22/01/2024 and last updated on 26/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.