1551 Burwood HighwayTecoma VIC 3160
Property Details for 1551 Burwood Hwy, Tecoma
Last Listing description (March 2026)
A rare opportunity to secure a high-exposure commercial freehold in the heart of Tecoma's bustling retail strip. Perfect for investors and value-add buyers, this property offers a flexible layout with income security and untapped potential.KEY FEATURES Total Building Area: 257 sqm (approx.) Total Land Area: 617 sqm (approx.) Zoning: Commercial 1 Zone (C1Z) Rear Access with On-Site Parking High Exposure Location Foot & Car Traffic All Day Walking Distance to Tecoma Train StationTENANCY DETAILSSHOP 1553 & 1553A Rental: $55,728 p.a. + GST + Outgoings Lease Term: 3 years + 2 x 3-year options Commencement: 1st July 2023 Annual Increases: 4% (including at renewal)SHOP 1551 Rental: $21,000 p.a. + GST + Outgoings Lease Term: 2 years + 5 years Commencement: 1st September 2025 Annual Increases: 3% & Market Review at OptionFor further information or to organise an inspection, please contact Appleby Commercial on (03) 8727 9555.
Property History for 1551 Burwood Hwy, Tecoma, VIC 3160
- 22 Feb 2026Listed for Sale Contact Agent
- 08 Sep 2022Listed for Rent $19,500 / year
- 13 Jan 2022Listed for Rent $21,820 / year
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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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