1541 Burwood HighwayTecoma VIC 3160
Property Details for 1541 Burwood Hwy, Tecoma
Last Listing description (September 2025)
Key Highlights
- Renovated Shop and Rear Dwelling
- High Traffic location with good supporting businesses
- Reliable cashflow for the time being
Secure your stake in a highly sought-after location with this high-quality freehold investment opportunity.
Boasting prominent Burwood Highway exposure in a thriving local & tourist destination, this property is ideal for investors seeking a prime asset near Tecoma train station.
Investment Details:
Zoning: Commercial 1 Zone (C1Z)
Land: 478 m² approx.
Income: $40,019 p.a. current rent with attractive 4% annual reviews.
Long-Term Security: 5-year lease (commenced June 2023) plus three 5-year options; tenant committed fit out, unlikely to want to leave
Prime Exposure: 9m² frontage and in the main shopping strip, ensuring significant road and foot traffic
Strategic Location: Near schools and public transport
Development Potential (STCA)
This freehold building, with long-term tenants, offers steady income and significant future potential. Prompt inspection is highly advised!
RWC Glen Waverley is proud to offer 1541 Burwood Highway for sale
Note - this is an off market opportunity for 60 days, after which time it will be available to the open market.
Please contact one of the exclusively appointed RWC Agents listed below for a copy of the Information Memorandum, Contract, to arrange for a private inspection.
*Denotes approximate
Property History for 1541 Burwood Hwy, Tecoma, VIC 3160
- 02 Sep 2025Sold for $710,000
- 14 Jul 2025Listed for Sale Price on Application
- 10 Nov 2023Listed for Rent $400 / week
Recent sales nearby
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About Tecoma 3160
The size of Tecoma is approximately 1.8 square kilometres. It has 6 parks covering nearly 12.4% of total area. The population of Tecoma in 2016 was 2082 people. By 2021 the population was 2064 showing a population decline of 0.9% in the area during that time. The predominant age group in Tecoma is 50-59 years. Households in Tecoma are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tecoma work in a professional occupation.In 2021, 81.90% of the homes in Tecoma were owner-occupied compared with 79.60% in 2016.
Tecoma has 1,006 properties. Over the last 5 years, Houses in Tecoma have seen a 22.76% increase in median value, while Units have seen a 28.12% increase. As at 28 February 2026:
- The median value for Houses in Tecoma is $958,712 while the median value for Units is $671,442.
- Houses have a median rent of $425 while Units have a median rent of $340.
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