11 South Con 969 SF Retail Building Beaumaris, VIC 3193 For Sale

This exceptional retail investment presents the opportunity to acquire a fully leased freehold asset in the highly regarded Beaumaris Concourse shopping village. The property is ideally situated in a thriving retail and lifestyle precinct featuring nationally and locally recognized operators such as IGA, Terry White Pharmacy, Bakers Delight, and Hagen’s Organics, ensuring a strong and consistent customer base.
The asset features a modern shopfront with a striking 6-meter frontage, rear access, and convenient on-site parking. The property occupies a Commercial 1 zoned land parcel of approximately 185 sqm, reinforcing its long-term versatility and redevelopment potential subject to planning approval. A new 5 + 5-year lease has been secured to Sien Clothing, a successful and established retailer, providing immediate income security. The lease returns $52,000 per annum with outgoing recoveries and fixed annual increases, offering both stability and predictable growth for investors.
Located within close proximity to elite schools, recreational spaces, and coastal lifestyle amenities, this property is positioned in an area that enjoys strong demand and historically low vacancy rates. This opportunity combines an attractive income profile with the assurance of a blue-chip bayside location.