4A Cromwell St 592 SF Retail Building Burwood, VIC 3125 For Sale

4A Cromwell Street, Burwood presents an excellent opportunity to secure a retail property within a tightly held local shopping strip. Offered individually or as part of a three-title portfolio with 4C and 2C Cromwell Street, this property provides a strategic landholding in a Commercial 1 Zone with strong long-term potential.
The property is currently leased to Taro Petit Cake on a two-year term commencing September 2024, generating a net rental of $20,600 per annum plus GST and outgoings. Features include rear access and on-site parking (shared across the titles). The location benefits from proximity to Toorak Road, Deakin University, and the Burwood shopping precinct anchored by IGA, Chemist Warehouse, and major banks.
This property is ideal for investors seeking secure income, owner-occupiers planning for future use, or developers considering redevelopment options (STCA) upon lease expiry.