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275 Burke Rd 1,938 SF Retail Building Glen Iris, VIC 3146 $792,495 ($409.03/SF)
Investment Highlights
- Prominent location along Burke Road with excellent exposure to approximately 7,600 daily vehicle movements.
- Flexible Commercial 1 Zoning (C1Z) enabling a range of permitted uses.
- On-site parking at the rear with secure laneway access.
- Convenient connectivity to Monash Freeway (M1) and Princes Highway, as well as multiple public transportation options.
- Development potential (STCA) in a highly established retail and business precinct.
Executive Summary
This freehold commercial property offers an exceptional investment opportunity in Glen Iris, one of Melbourne’s most sought-after inner South-East locations. Set along the high-traffic Burke Road corridor, it provides outstanding visibility and accessibility near major arterials, including the Monash Freeway (M1) and Princes Highway.
The property comprises a versatile floor plan suited for retail, showroom, or office use, complemented by laneway-accessible rear parking. Zoned Commercial 1 (C1Z), the site provides significant development potential (STCA), catering to future growth opportunities. With an approximate daily traffic volume of 7,600 vehicles and proximity to tram, train, and bus services, occupiers benefit from superior connectivity.
This asset is ideal for owner-occupiers seeking location prestige or investors targeting long-term capital appreciation within a tightly held commercial precinct.
The property comprises a versatile floor plan suited for retail, showroom, or office use, complemented by laneway-accessible rear parking. Zoned Commercial 1 (C1Z), the site provides significant development potential (STCA), catering to future growth opportunities. With an approximate daily traffic volume of 7,600 vehicles and proximity to tram, train, and bus services, occupiers benefit from superior connectivity.
This asset is ideal for owner-occupiers seeking location prestige or investors targeting long-term capital appreciation within a tightly held commercial precinct.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,938 SF
Building Class
C
Price
$792,495
Price Per SF
$409.03
Tenancy
Single
Building Height
1 Story
Building FAR
0.86
Lot Size
0.05 AC
Frontage
18’ on State Route 17
Amenities
- Signage
- Air Conditioning
- Smoke Detector
Contacts
-
Guy
Naselli
-
Jackson
Brenchley
-
Everestar Real Estate Aaron Chen -
Everestar Real Estate Daniel Sia
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275 Burke Rd
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