Prime Burke Road Freehold | Significant Upside Potential


Burgess Rawson is pleased to offer to the market this unique double fronted, mixed use retail building at 1139-1141 Burke Road, Kew VIC for sale via Expressions of Interest.

+ Large 404sqm* landholding with premium Commercial 1 Zoning
+ Combined total building area of 263sqm*
+ Three tenancies with the opportunity to create four
+ Double fronted retail shops to Burke Road with 10 metres* of frontage
+ Exposure to 26,000* passing vehicles daily with on street parking available
+ Suitable to owner occupiers, developers and passive investors
+ Strong surrounding precedent for multi storey, mixed use development with basements (STCA)
+ Development upside with under 50% site coverage
+ Important rear ROW access and includes 8 on-title car spaces
+ Both residential tenancies leased, ground floor currently vacant
+ Strategically located on Burke Road, 1.5km* from Camberwell Junction home to national retailers, Coles, Woolworths, ALDI, Kmart, JB Hi-Fi, Village Cinemas, Chemist Warehouse, Autobarn and more.**
+ Surrounded by important social infrastructure including 50 schools servicing a combined 20,000+ full-time students.**
+ Located in the affluent suburb of Kew with a median house price in excess of $2,800,000.***
+ Potential fully leased net rental: $104,148 pa + GST

To be sold via Expressions of Interest
Closing Wednesday 26th July 2023
4:00pm AEST
**gap maps

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Contact agents
Justin Kramersh Senior Sales Associate
0460 349 605
David Napoleone Senior Sales Executive
0417 308 067
James Bergman Leasing Executive
0413 830 707
Enquiry Form

Kew, VIC

1139 Burke Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 162

Contact agents