4A-4C-2C Cromwell Street 3 inmuebles | Local en Burwood

This offering presents a rare opportunity to acquire three adjoining retail properties within a tightly held local shopping strip in Burwood. Each property is held on a separate title and can be purchased individually or as a combined investment. The properties are zoned Commercial 1 and feature rear access, with on-site parking available for two of the three shops.
Currently configured as three separate tenancies, the portfolio generates a combined net income of approximately $67,600 per annum plus GST and outgoings, providing immediate cash flow with future flexibility. Positioned in a high-exposure location near Toorak Road, the properties benefit from proximity to Deakin University, Burwood’s retail precinct anchored by IGA and Chemist Warehouse, and a range of banks and amenities.
This strategic landholding offers multiple pathways for value creation, including continued investment, owner occupation, or redevelopment potential (STCA) upon lease expiries. With strong connectivity to public transport and a vibrant surrounding catchment, this is an exceptional opportunity for investors and developers seeking a well-located retail asset in Melbourne’s eastern corridor.