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8 Burwood Hwy 882 SF Retail Condo Unit Offered at $492,522 in Burwood East, VIC 3151
Investment Highlights
- Prime exposure on Burwood Highway with substantial pedestrian and vehicular traffic
- Located in a precinct marked for future redevelopment and increased density
- Over 500 center car spaces and immediate tram access
Executive Summary
The property is a shopping center environment along Burwood Highway. Positioned near a high-exposure intersection, the property features on-site parking, access to tram services, and proximity to major educational and retail amenities. Regional planning indicates significant redevelopment potential through large-scale infrastructure projects, including the Suburban Rail Loop.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | CM2\SP20884 |
| Sale Type | Investment |
| APN/Parcel ID | CM2\SP20884 |
Description
Positioned within the established Burwood Heights Shopping Centre, this retail condominium offers a secure, income-generating investment in a highly accessible and amenity-rich location. Designed with practical functionality, the unit features a newly refurbished internal layout with partitioned rooms, a kitchenette, and a self-contained toilet. Integrated heating and cooling provide year-round comfort for occupants.
Its location delivers strong visibility from Burwood Highway and Middleborough Road while benefiting from exceptional foot traffic generated by Woolworths and numerous national and specialty retailers. Over 500 shared parking spaces enhance customer convenience, while tram stops along Burwood Highway ensure excellent connectivity. The surrounding precinct is undergoing transformative growth with new residential developments and infrastructure initiatives, positioning this retail condo for continued long-term demand.
Its location delivers strong visibility from Burwood Highway and Middleborough Road while benefiting from exceptional foot traffic generated by Woolworths and numerous national and specialty retailers. Over 500 shared parking spaces enhance customer convenience, while tram stops along Burwood Highway ensure excellent connectivity. The surrounding precinct is undergoing transformative growth with new residential developments and infrastructure initiatives, positioning this retail condo for continued long-term demand.
Sale Notes
Secure a tenanted retail asset in one of Melbourne’s fastest-evolving retail corridors. This 82 m² property in Burwood Heights Shopping Centre is leased to La Vita Studio on a 3+3 year term, generating $39,000 per year plus GST and outgoings. The property’s internal upgrades, including a refurbished interior and self-contained amenities, support a professional and flexible commercial setting.
With frontage to one of the eastern suburbs’ busiest arterial routes, the property enjoys maximum visibility and access. Surrounding anchors Woolworths, BWS, AusPost, and RSPCA enhance customer volumes, while nearby transport connections, including the Burwood Highway tram, add to its accessibility. Significant development momentum in Burwood East, driven by planning uplifts and the Suburban Rail Loop project, underpins strong future value growth, making this an appealing acquisition for investors seeking stability with upside.
With frontage to one of the eastern suburbs’ busiest arterial routes, the property enjoys maximum visibility and access. Surrounding anchors Woolworths, BWS, AusPost, and RSPCA enhance customer volumes, while nearby transport connections, including the Burwood Highway tram, add to its accessibility. Significant development momentum in Burwood East, driven by planning uplifts and the Suburban Rail Loop project, underpins strong future value growth, making this an appealing acquisition for investors seeking stability with upside.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2 | 882 SF | Retail | $492,522 ($558.41/SF) | - |
Unit 2
| Unit Size |
| 882 SF |
| Condo Use |
| Retail |
| Price |
| $492,522 ($558.41/SF) |
| NOI |
| - |
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Unit 2
| Unit Size | 882 SF |
| Condo Use | Retail |
| Price | $492,522 ($558.41/SF) |
| NOI | - |
| Sale Type | Investment |
| APN/Parcel ID | CM2\SP20884 |
| Description | |
| Positioned within the established Burwood Heights Shopping Centre, this retail condominium offers a secure, income-generating investment in a highly accessible and amenity-rich location. Designed with practical functionality, the unit features a newly refurbished internal layout with partitioned rooms, a kitchenette, and a self-contained toilet. Integrated heating and cooling provide year-round comfort for occupants.<br> Its location delivers strong visibility from Burwood Highway and Middleborough Road while benefiting from exceptional foot traffic generated by Woolworths and numerous national and specialty retailers. Over 500 shared parking spaces enhance customer convenience, while tram stops along Burwood Highway ensure excellent connectivity. The surrounding precinct is undergoing transformative growth with new residential developments and infrastructure initiatives, positioning this retail condo for continued long-term demand.</li></ul> | |
| Sale Notes | |
| Secure a tenanted retail asset in one of Melbourne’s fastest-evolving retail corridors. This 82 m² property in Burwood Heights Shopping Centre is leased to La Vita Studio on a 3+3 year term, generating $39,000 per year plus GST and outgoings. The property’s internal upgrades, including a refurbished interior and self-contained amenities, support a professional and flexible commercial setting.<br> With frontage to one of the eastern suburbs’ busiest arterial routes, the property enjoys maximum visibility and access. Surrounding anchors Woolworths, BWS, AusPost, and RSPCA enhance customer volumes, while nearby transport connections, including the Burwood Highway tram, add to its accessibility. Significant development momentum in Burwood East, driven by planning uplifts and the Suburban Rail Loop project, underpins strong future value growth, making this an appealing acquisition for investors seeking stability with upside.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 48,438 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 24,219 SF |
| Property Subtype | Storefront | Parking Ratio | 10.32/1,000 SF |
| Building Class | C |
| Total Building Size | 48,438 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 24,219 SF |
| Parking Ratio | 10.32/1,000 SF |
Amenities
- Corner Lot
- Courtyard
- Signage
- Air Conditioning
1 1
Contacts
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Jeff Stefanidis -
Mathew Dompietro -
Tom Gilbert -
Dylan Ashby -
Hudson Bond Commercial Pty. Ltd.
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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8 Burwood Hwy
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