1702-1706 Burwood Highway BELGRAVE VIC
Triple Shopfront Investment with Dual Income Streams & Future Upside!
LOCI Ferntree Gully are delighted to present For Sale, this exciting Investment Opportunity located in an extremely prominent position on Burwood Highway in Belgrave. Positioned in the heart of Belgrave, this outstanding Commercial Investment presents a rare opportunity to secure three adjoining shopfronts on a high-exposure main street. Separated over 3 titles and currently configured as two tenancies, the larger combined space is leased to a long-standing Australia Post, Newsagency & Tattslotto outlet, while the adjoining shop is occupied by a thriving Nail & Beauty Salon.
A substantial undercroft area at the rear provides valuable on-site parking and offers outstanding potential to enclose and repurpose (STCA), adding further versatility and value. Whether retained as a multi-tenanted investment or reconfigured into a single expansive premise in the future, this is a compelling opportunity to secure a blue-chip holding with strong returns and future upside.
Opportunity Highlights:
1702 Burwood Highway, Belgrave:
• 91 sqm (approx.) Building Size
• Current Rent is $21,684.00 Per Annum plus GST and Outgoings
• Long Term Lease in place with CPI Annual Increases
• New 5 x 5 Year Lease which began January 1, 2026.
• Leased to extremely popular Nail & Beauty Salon
1704-1706 Burwood Highway, Belgrave:
• 203 sqm (approx.) Building Size
• Current Rent is $43,484.00 Per Annum plus GST and Outgoings
• Long Term Lease in place with CPI Annual Increases
• Current 6 x 6 Year Lease which began September 1, 2022.
• Leased to Australia Post, Tattslotto & Newsagency Outlet
Combined Highlights:
• Prime Main Street position in the heart of Belgrave
• Three Adjoining Shopfronts on Separate Titles
• Flexible layout with ability to potentially combine into one large premises (STCA)
• Strong Dual-Income Investment with established tenants
• Reliable rental return with future growth potential
• Strong year-round trade driven by tourism and Local Community
• Suits Investors, Future Owner-Occupiers or Value-Add buyers
• Each tenancy includes toilet facilities
• Excellent Long-Term Investment in tightly held location
• Commercial 1 Zone (C1Z)
LOCI Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
$ 1,075,000
Property Type
Retail