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Investment Highlights

  • The property occupies a prominent corner location along Burke Road with strong visibility.
  • Rear customer parking is available, accessed via Burke Lane.
  • The landholding is zoned Commercial 1, allowing for a range of permitted uses.
  • It includes three individual tenancies, each with separate access points.
  • The site is positioned opposite a major supermarket and near local schools and parks.

Executive Summary

This fully leased freehold investment offers a rare opportunity to secure a high-profile property in one of Melbourne’s most affluent suburbs. The asset comprises three established tenancies, delivering a diversified income stream and long-term stability. Positioned on a prominent corner along Burke Road, the property benefits from exceptional exposure, strong pedestrian activity, and convenient access to surrounding amenities.
The site spans approximately 276 m² and is zoned Commercial 1, providing flexibility for future use and development potential. Current rental income of $102,000 per annum with a WALE of 2.9 years underscores the strength of the investment. Located opposite Coles and surrounded by schools, parks, and transport links, this property is well-placed to capture ongoing demand in a tightly held precinct.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,993 SF
Building Class
C
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.34
Lot Size
0.07 AC

Amenities

  • Signage
  • Listing ID: 39909526

  • Date on Market: 3/25/2026

  • Last Updated:

  • Address: 1148-1152 Burke Road, Balwyn North, VIC 3104

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