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2C Cromwell St 592 SF Retail Building Burwood, VIC 3125 For Sale



Investment Highlights
- Retail property within a tightly held local shopping strip.
- Located near Toorak Road, Deakin University, and Burwood shopping precinct.
- Rear access and on-site parking (shared across titles).
- Offered individually or combined with 4A and 4C Cromwell Street.
Executive Summary
2C Cromwell Street, Burwood forms part of a rare opportunity to acquire one or more retail properties within a tightly held local shopping strip. Offered individually or in combination with adjoining properties (4A and 4C Cromwell Street), this property provides a strategic landholding in a Commercial 1 Zone with strong long-term potential.
The property is currently leased to The Joyful Place on a two-year term commencing August 2025, generating a net rental of $26,000 per annum plus GST and outgoings. Features include rear access and proximity to key amenities such as Toorak Road, Deakin University, and the Burwood shopping precinct anchored by IGA, Chemist Warehouse, and major banks.
This asset is well-suited to investors seeking secure income, owner-occupiers planning for future use, or developers considering redevelopment options (STCA) upon lease expiry.
The property is currently leased to The Joyful Place on a two-year term commencing August 2025, generating a net rental of $26,000 per annum plus GST and outgoings. Features include rear access and proximity to key amenities such as Toorak Road, Deakin University, and the Burwood shopping precinct anchored by IGA, Chemist Warehouse, and major banks.
This asset is well-suited to investors seeking secure income, owner-occupiers planning for future use, or developers considering redevelopment options (STCA) upon lease expiry.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
592 SF
Building Class
C
NOI
$17,930
Tenancy
Single
Building Height
1 Story
Building FAR
0.48
Lot Size
0.03 AC
Amenities
- Signage
- Air Conditioning
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2C Cromwell St
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