22 Banksia Street
BURWOOD Victoria 3125
Auction
Contact for Price
Land Size:
60m²
Property Type:
Retail
Last Updated:
26 Feb 2026
Overview
Secure a prime investment opportunity in one of Burwood's most sought-after locations. This property is not merely a café freehold; it has been meticulously renovated to feature a high-end design and bespoke fit-out that sets a new standard in the area.
Investment Highlights:
- The property boasts a brand-new, high-quality renovation aimed at maximizing both operational efficiency and aesthetic appeal.
- Enjoy the benefits of premium finishes throughout the 60 m² floor area, complemented by a revitalized outdoor dining space.
- Secured by a new 10-year lease that commenced on November 1, 2025, with three additional options of five years each.
- Current rental return stands at $78,000 per annum plus GST and outgoings (including management fees).
- Fixed annual increases of 4%, providing a safeguard against inflation and ensuring steady capital growth.
Location & Lifestyle:
- The substantial 170 m² land holding features a unique rear courtyard that opens directly onto the Banksia-Waratah Reserve.
- Located directly across from Wattle Park Primary School, ensuring high daily foot traffic from families and staff.
- Burwood (3125) has a strong median house price of $1,502,500, reflecting an increase of 11.3% over the past year.
This is a rare opportunity to acquire a
Location
22 Banksia StreetBURWOOD Victoria 3125 T
Measurements
| Type | Dimensions |
|---|---|
| Building Area Sqm | 60 |
| Floor Area | 60 sqm |
Market Insights for Burwood Victoria 3125
New Listings (last 30 days)
7
Average price
$1,331,429
Lowest price
$470,000
Highest price
$2,500,000