For Sale
Set & Forget Investment with Low Vendor Outgoings & Proven Retail Tenant
1/574 Swan Street, Burnley VIC

Stonebridge Property Group is pleased to present for sale 1/574 Swan Street, Burnley.

The key highlights of the opportunity include:

  • A true set and forget investment with a new lease to a proven operator well suited as an investment for first-time or superfund buyers
  • TEN Meat House is operated by the same team behind TEN BBQ & Hotpot, Southbank – boasting a 4.5 Google star rating from 740 reviews
  • TEN - The Meat House lease the property on a new 3-year lease with 2 further options through to 2032
  • The strategic hospitality space benefits from 22 m* frontage to Swan Street providing valuable retail exposure
  • Substantial 500 sqm* of gross lettable area - 310 sqm* of internal space and 190 sqm* of outdoor dining area
  • The size and layout of the property provides scope for a multitude of future uses – notably arcade/food court style dining
  • Situated in the Botanicca Business Park – one of Victoria’s largest campus-style office parks just 4.2 km* from the Melbourne CBD
  • Major brands such as Bunnings Warehouse, Mitsubishi Motors, David Jones, Country Road, Opal, Witchery and Fuji Xerox operate their corporate headquarters out of the precinct
  • Providing a current annual income of $115,000 + GST*

 

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

*Approximately

In conjunction with Prowse Burns Commercial

Listing Map