1702 Burwood HighwayBelgrave VIC 3160
Property Details for 1702 Burwood Hwy, Belgrave
Last Listing description (June 2026)
LOCI Ferntree Gully are delighted to present For Sale, this exciting Investment Opportunity located in an extremely prominent position on Burwood Highway in Belgrave. Positioned in the heart of Belgrave, this outstanding Commercial Investment presents a rare opportunity to secure three adjoining shopfronts on a high-exposure main street. Separated over 3 titles and currently configured as two tenancies, the larger combined space is leased to a long-standing Australia Post, Newsagency & Tattslotto outlet, while the adjoining shop is occupied by a thriving Nail & Beauty Salon.
A substantial undercroft area at the rear provides valuable on-site parking and offers outstanding potential to enclose and repurpose (STCA), adding further versatility and value. Whether retained as a multi-tenanted investment or reconfigured into a single expansive premise in the future, this is a compelling opportunity to secure a blue-chip holding with strong returns and future upside.
Opportunity Highlights:
1702 Burwood Highway, Belgrave:
91 sqm (approx.) Building Size
Current Rent is $21,684.00 Per Annum plus GST and Outgoings
Long Term Lease in place with CPI Annual Increases
New 5 x 5 Year Lease which began January 1, 2026.
Leased to extremely popular Nail & Beauty Salon
1704-1706 Burwood Highway, Belgrave:
203 sqm (approx.) Building Size
Current Rent is $43,484.00 Per Annum plus GST and Outgoings
Long Term Lease in place with CPI Annual Increases
Current 6 x 6 Year Lease which began September 1, 2022.
Leased to Australia Post, Tattslotto & Newsagency Outlet
Combined Highlights:
Prime Main Street position in the heart of Belgrave
Three Adjoining Shopfronts on Separate Titles
Flexible layout with ability to potentially combine into one large premises (STCA)
Strong Dual-Income Investment with established tenants
Reliable rental return with future growth potential
Strong year-round trade driven by tourism and Local Community
Suits Investors, Future Owner-Occupiers or Value-Add buyers
Each tenancy includes toilet facilities
Excellent Long-Term Investment in tightly held location
Commercial 1 Zone (C1Z)
LOCI Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Property History for 1702 Burwood Hwy, Belgrave, VIC 3160
- 24 Apr 2026Sold for $1,075,000
- 24 Mar 2026Listed for Sale Contact Agent
- 01 Jun 2007Transferred
Recent sales nearby
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About Belgrave 3160
The size of Belgrave is approximately 4.2 square kilometres. There are 15 parks, covering nearly 20.4% of the total area. The population of Belgrave in 2016 was 3929 people. By 2021 the population was 3894 showing a population decline of 0.9% in the area during that time. The predominant age group in Belgrave is 40-49 years. Households in Belgrave are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belgrave work in a professional occupation.In 2021, 91.50% of the homes in Belgrave were owner-occupied compared with 87.80% in 2016.
Belgrave has 1,787 properties. Over the last 5 years, Houses in Belgrave have seen a 4.21% increase in median value, while Units have seen a 5.35% increase. As at 31 August 2026:
- The median value for Houses in Belgrave is $853,531 while the median value for Units is $647,280.
- Houses have a median rent of $635.
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