2 Burnside Street, Deer Park, Vic 3023

Retail
Great Investment Opportunity!
Great Investment Opportunity!
Published on: 15 Oct 2024
Last updated on: 23 Oct 2024
2 Burnside Street, Deer Park, Vic 3023
2 Burnside Street, Deer Park, Vic 3023
2 Burnside Street, Deer Park, Vic 3023
+16
2 Burnside Street, Deer Park, Vic 3023
  • 16
Property ID: 504711796
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Key property information

Land Size
172.00 m2
Floor Area
115.00 m2

Prime Tenanted Investment Opportunity!

2 Burnside Street, Deer Park, Vic 3023
Rutherfords Real Estate is thrilled to present an outstanding tenanted investment For Sale, located just moments away from Ballarat Road. The property is nestled in a highly sought-after pocket of Deer Park and neighbours a variety of thriving businesses including Foodworks, Australia Post, local eateries, and more with ample street and rear parking.

Total Build: 115m2*
Total Land: 172m2*
Approximate*

Features: 
- Ample parking
- High foot traffic area
- Shopfront parking
- Great investment opportunity
- Near immediate access to Ballarat Road
- Close proximity to Western Ring Road

Current Leases:
2 Burnside Street – Western Rolls
Price p.a - $24,750
Terms - 15/04/2024-07/12/2028
Further Terms - 1 Further Terms of 5 Years
Annual Increases  - 5% Annual Increase (fixed)

2A Burnside Street – Kingdom Fades Barbershop
Price p. a - $24,750
Terms – 01/12/2023-30/11/2026 
Further Terms - 1 Further Terms of 3 Years
Annual Increases - 5% Annual Increase (fixed)

Home to quality tenants, this property offers an exceptional opportunity to secure a fantastic invesment in a prime location.

For more information please contact Damian Rustico on 0411 100 710 today!

Disclaimer: 
The information contained in the material Rutherfords has supplied (the "information") is for general information purposes only. Rutherfords assume no responsibility for errors, representations, or omissions in the contents of the information.

In no event shall Rutherfords be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract negligence or other torts, arising out of or in connection with the use of the Information or the contents of the information. Rutherfords reserves the right to make additions, deletions or modification to the contents of the information at any time without prior notice.

Property Details

Basic Info

Property Type
Retail
Listing Status
On Market
Land Size
172.00 m2
Address
2 Burnside Street, Deer Park, Vic 3023
Damian Rustico
Damian Rustico
83 High St, Thomastown, Vic 3074
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Damian Rustico
Damian Rustico
83 High St, Thomastown, Vic 3074
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      Property ID: 504711796

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