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 Street
BURWOOD 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
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