1702-1706 Burwood Hwy 3,165 SF 100% Leased Retail Building Belgrave, VIC 3160 $796,554 ($251.71/SF)

Positioned in the vibrant heart of Belgrave along the prominent Burwood Highway corridor, this property offers an exceptional investment with immediate returns and future potential. Comprising three adjoining shopfronts across separate titles, the asset provides both flexibility and strength with two established tenancies delivering dual income streams. The larger combined space houses a long-standing Australia Post, Newsagency & Tattslotto outlet, while the adjoining tenancy operates as a thriving Nail & Beauty Salon.
With a total combined building area of approximately 294 square metres, each tenancy is supported by its own amenities, and the property benefits from Commercial 1 Zoning allowing a variety of future uses (STCA). A substantial rear undercroft area enhances functionality with on-site parking and offers excellent potential for enclosure or redevelopment to unlock additional value.
Both leases provide strong tenure, featuring long terms with CPI-linked annual increases, ensuring reliable returns into the future. The property’s proximity to key amenities, high-traffic positioning, and the strong tourism-driven trade in Belgrave further underpin its long-term capital growth prospects. Ideal for investors, owner-occupiers, or value-add buyers, this property represents a rare opportunity to secure a blue-chip holding in a tightly held market.