A BLOSSOMING INVESTMENT - 7% YIELD
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41A/495-511 Burwood Highway, Vermont South VIC 3133

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RetailSize: n/a
Aston are pleased to offer Shop 41A, 495-511 Burwood Highway, Vermont South for immediate Private Sale.

Located in the popular Vermont South Shopping Centre which historically experiences little to no vacancy, the property is strategically positioned in between the entrances to Coles & Aldi - making this a retail destination that blossoms.

Key attributes include:

Annual rent of $30,000 incl GST (net)
Three (3) year lease from 1st December 2023
Two (2) further terms of five (5) years
3% annual increases
Established business of 20 plus years
Prime position directly next to Coles and Aldi
High performing shopping centre with historically low vacancy

Retail within this shopping centre is rarely available to purchase, let alone with an established and proven retailer.

Contact the agents at Aston if you wish to discuss this opportunity further.

*approx

Inspections

No open inspections scheduled.

Send an enquiry

Contact Joshua Colosimo to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Retail

Other Details

Lot:
12
Plan:
SP24525
Legal description:
12\SP24525
Aston Commercial

Maps and area information

Block information
Legal description: 12\SP24525
Block Map
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Property history

We couldn't find any history for this property.
See Vermont South's suburb profile

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
Listing ID: 182330175. This listing has been viewed 0 times. It was first displayed on 27/02/2024 and last updated on 15/04/2024.
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.