FOR SALE
$1,288,800

33/495-511 Burwood Highway
Vermont South VIC 3133

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 73m2
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A stellar prospect for starter and seasoned investors!

Located on the ground floor of the popular Vermont South Shopping Centre is this stunning commercial opportunity! Currently set-up and operating as a beauty salon, you’ll have the chance to take on this property as an enticing investment, whether you’re starting out or just want to add another business to your thriving portfolio.
- Space is currently home to the established Tiffany Spa and Nails beauty salon
- Current secure lease in place with the business which will return $59,918 per annum (incl. GST)
- You’ll have the option to renew the lease once it is up, or maybe utilise the space for you own business venture
- Layout consists of a large main salon area, wax room with sink, kitchenette with sink, laundry, and versatile back of house room
- Total floor space measures 73 sqm (approx.)
- Vermont South Shopping Centre offers a range of other great shops including Coles supermarket
This central location also has you very close to Livingstone Primary School, Highvale Secondary College, Hanover Reserve, Terrara Park, local buses, and Eastlink.

Property Details for 33/495-511 Burwood Hwy, Vermont South

Building Type
Commercial
Floor Size
73m2

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About Vermont South 3133

The size of Vermont South is approximately 6.2 square kilometres. It has 24 parks covering nearly 22.3% of total area. The population of Vermont South in 2011 was 11,416 people. By 2016 the population was 11,686 showing a population growth of 2.4% in the area during that time. The predominant age group in Vermont South is 60-69 years. Households in Vermont South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Vermont South work in a professional occupation. In 2011, 86.9% of the homes in Vermont South were owner-occupied compared with 83.9% in 2016.

Vermont South has 4,991 properties. Over the last 5 years, Houses in Vermont South have seen a 17.08% increase in median value, while Units have seen a 11.36% increase. As at 30 November 2024:

  • The median value for Houses in Vermont South is $1,440,625 while the median value for Units is $877,642.
  • Houses have a median rent of $720 while Units have a median rent of $628.
There are currently 21 properties listed for sale, and 9 properties listed for rent in Vermont south on OnTheHouse. According to CoreLogic's data, 160 properties were sold in the past 12 months in Vermont south.

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