| House | $1,499,900  |
| Unit | $798,300  |
| Land | $1,510,000 |
Surrounding suburbs
| Burwood East | $1,287,400 |
| Forest Hill | $1,249,300  |
| Glen Waverley | $1,880,800 |
| Wantirna | $1,176,300 |
| Wantirna South | $1,282,300 |
| Neighbour Photos |
| Map | Nearby prices |
| Property Description: |
Metropolitan Melbourne freestanding Officeworks Investment (2,030sqm*GLA), 100% leased to Officeworks (ASX:WES) 10 year lease to Officeworks commencing July 2012 with options until 2042 Net lease structure with fixed annual increase of 3%pa *Significant depreciation benefits available given 2012 construction Highly exposed 4,808sqm* site with vast exposure to Burwood Highway Convenient at grade car park (49 on title), adjoining a massive Bunnings Warehouse Net annual income of $431,627 *Approx **Macroplan Dimasi FOR SALE BY PUBLIC ON-SITE AUCTION: THURSDAY 8TH OCTOBER 2015 AT 2:30PM AGENTS: JUSTIN DOWERS, +61 438 098 805 MARK WIZEL, +61 409 809 868 SANDRO PELUSO, +61 418 389 757 Lot/Plan No: 2/PS531781 |
| Planning History: |
| [19 Jun 2001] Buildings and works and to use the land for the purpose s of landscape gardening supplies, removal of easement (Country Roads Board created by instrument 1681101), removal of native vegetation, construction of new access to a Category 1 Road and the |
| [28 Jul 2001] 2 lots |
| [19 Apr 2004] Development of the land for the purpose of a Bunnings Warehouse (Trade Supplies), removal of native vegetation, associated landscaping and car parking areas, display of business identification signage and creation of access to a Road Zone Category 1 |
| [09 Nov 2004] Change the wording of Condition 37 of the permit to allow site clearing and earthworks to commence on the site |
| [23 Nov 2004] Deletion of four car parking spaces, and relocation of the fire sprinkler tank |
| [14 Jan 2005] Display of two (2) panel signs |
| [16 Mar 2005] Subdivision of the land to create two portions of road |
| [20 Apr 2005] Minor amendments to Bunnings Warehouse plan (mainly fencing and access) |
| [12 Aug 2005] Two lot subdivision |
| [02 Oct 2007] Buildings and works to install 3 x 22,500 litre rainwater tanks; removal of one (1) disabled car park space and associated signage. |
| [21 Dec 2009] Development of land for a restricted retail premises, reduction in the bicycle and car parking requirements and internally illuminated business identification signage |
| [10 Aug 2011] Alterations to the layout of the proposed development and deletion of Condition 8. |
| [27 Feb 2012] Stage 1 Construction of a New Retail Building - Drainage, Footings, Structure & Fire Service |
| [05 Jul 2012] Construction of a new retail building |
| [24 May 2016] New Evaporative Cooling System |
| Search neighbour's planning permit |
| Property report from Government |
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