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Shop 8, 2-8 Burwood Highway, Burwood East

Burwood Heights Shopping Centre


CBD

Caltex
8 Deakin University

RSPCA
WOOLWORTHS

Blue outlines are indicative only

Information Memorandum
Information Memorandum | Shop 8, 8 Burwood Highway, Burwood East

WOOLWORTHS
S

RSPCA

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East

CONTENTS

05 Executive Summary

06 Location

08 Legal Description

09 Floor Plan

10 Zoning

11 Tenancy Details

12 Agent Comments

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Information Memorandum | Shop 8, 8 Burwood Highway, Burwood East

INTRODUCTION
8
Dixon Kestles is pleased to present Shop 8, 8 Burwood
Highway, Burwood East to the market.

Located within the Burwood Heights Shopping Centre on the


corner of Burwood Highway and Middleborough Road. This
retail premises is one of 30 in this tightly held strata centre.

We trust the following stimulates your interest, and your


further enquiry is welcome.

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Information Memorandum | Shop 8, 8 Burwood Highway, Burwood East

EXECUTIVE SUMMARY

Location: 16 km east of Melbourne CBD in the City of Whitehorse

Building Area: 113.2m2, 5.7m Frontage

Zoning: Commercial 1

Legal Description: Lot 8 on Plan of Strata 020884R, Volume 09462 Folio 280

Improvements: Ground Floor Shop

Tenancy: Artisan 8 Bakers

Current Rental: $56,608 per annum plus GST and outgoings, except land tax.

Lease Terms: 5 + 5 year lease, 3% increases

Method of Sale: Private Sale

Price Expectation: Circa $1,100,000 as a going concern

Agents: Mark Smedley Steven Lee


M: 0412 571 571 M: 0418 102 203
E: marks@dixonkestles.com.au E: stevenl@dixonkestles.com.au

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Information Memorandum | Shop 8, 8 Burwood Highway, Burwood East

LOCATION
Shop 8, 8 Burwood Highway is positioned on the corner of Burwood Highway and Middleborough Road, strategically at the intersection and some 16 kilometres east of
Melbourne CBD.

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Information Memorandum | Shop 8, 8 Burwood Highway, Burwood East

BURWOOD HEIGHTS SHOPPING CENTRE


A rare opportunity to purchase a retail premises within this tightly held local
shopping centre in a highly sought after location.
Located on a prominent corner opposite RSPCA headquarters comprising 30
shops and 340 free open and undercover car parks providing customers easy
access and convenience to park, stop and shop.
Additional retail traffic provided by trams right at your doorstep and Deakin
University nearby.
Burwood Heights Shopping Centre is anchored by major retailers such as;
Woolworths, BWS, Caltex and a local Post Office, medical centre, Mansae
Korean BBQ restaurant, F45, chemist as well as other speciality stores and
services.

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Information Memorandum | Shop 8, 8 Burwood Highway, Burwood East

LEGAL DESCRIPTION

Lot 8 on Plan of Strata Subdivision 020884R



contained within the Certificate of Title Volume

09462 Folio 280.

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Information Memorandum | Shop 8, 8 Burwood Highway, Burwood East

FLOOR PLAN

A rectangular shaped retail premises of 113.2m2

approximately within Burwood Heights Shopping

Centre. Featuring a 5 .7m frontage.

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Information Memorandum | Shop 8, 8 Burwood Highway, Burwood East

ZONING
8
Shop 8, 8 Burwood Highway, Burwood East is

with the Whitehorse City Council Planning

Scheme and falls within the following Zone and

Overlays:

• Commercial 1 Zone (CIZ)

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Information Memorandum | Shop 8, 8 Burwood Highway, Burwood East

TENANCY DETAILS

Tenant: Artisan 8 Bakers

Lease commenced: 7 December, 2018

Lease term: 5 Years

Lease expires: 6 December, 2023 + 5 years option

Current net annual rent: $56,608 pa + GST + Outgoings

Annual rent reviews: 3%

Business Established: 2000

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Information Memorandum | Shop 8, 8 Burwood Highway, Burwood East

SALES PROCESS

INSPECTIONS
Inspections are via appointment. Please call the
exclusive marketing agents to inspect.

TERMS OF SALE
Shop 8, 2-8 Burwood Highway, Burwood is being
offered to the market via private sale.

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DIXON KESTLES & CO PTY LTD
161 Park Street, South Melbourne Victoria 3205
www.dixonkestles.com.au
P: 9690 3488
F: 9699 4581

FOR MORE INFORMATION OR TO BOOK AN INSPECTION


CONTACT THE AGENTS BELOW.

EXCLUSIVE SELLING AGENTS


Mark Smedley
0412 571 571
marks@dixonkestles.com.au
Steven Lee
0418 102 203
stevenl@dixonkestles.com.au

Whilst every effort has been made to ensure the details contained herein are correct in all respects, potential purchasers are advised to seek independent verification of same prior to any written commitment to purchase. All areas quoted are approximations only.
PLEASE NOTE: ALL PRICES QUOTED ARE EXCLUSIVE OF GST

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