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228 Whitehorse Road, Balwyn, VIC, 3103

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228 Whitehorse Road, Balwyn, VIC, 3103

228 Whitehorse Road, Balwyn, VIC, 3103

Properties / Sold / Victoria / Balwyn
Tenanted Investment

1. Property Summary

Selling Method
Auction
Selling Details
Thursday 7th December 2023 at 12pm on-site
Floor Area
126 m² (*approx)
Property Type
Retail, Offices, Other
Sub-type
Office Suites, Mixed Use
Terms
5 year lease from 2019 with no options
Est. Income
$58,406 p/a
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2. Property Highlights

A TASTY INVESTMENT
  • Long established hospitality venue
  • Future potential to further develop
  • Currently returning $58,406.40 pa

GormanKelly is pleased to offer 228 Whitehorse Road, Balwyn for sale via Public Auction on Thursday 7th December 2023 at 12pm on-site.

Key highlights of this opportunity include:

✓ Two level retail premises of 126m²* offered as a leased investment

✓ Ground floor retail, incorporating front of house, kitchen, and amenities, with a first-floor function room and office

✓ Commercial 1 landholding of 243m²*

✓ Long established hospitality venue

✓ 5 year lease from 2019 with no options

✓ Returning $58,406.40 per annum + outgoings & GST

✓ Excellent rear car access and parking via wide right of way

✓ Future potential to further develop

To obtain further information or to arrange an inspection, please contact the exclusive selling agents below.

NICK BREHENY

+61 411 601 730

nbreheny@gormankelly.com.au

RICHARD MUNDAY

+61 408 407 603

rmunday@gormankelly.com.au

Located on the busy Whitehorse Road, Balwyn shopping strip boasting numerous national tenants including Woolworths, McDonalds, Dan Murphy’s, Chemist Warehouse, banks & Palace Cinema.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

1. Property Summary

Property Type
Retail, Offices, Other
Sub-type
Office Suites, Mixed Use
Est. Income
$58,406 p/a
Terms
5 year lease from 2019 with no options
Floor Area
126 m² (*approx)
Selling Method
Auction
Auction Date
7 Dec 2023 12:00PM
Add to calendar
Selling Details
Thursday 7th December 2023 at 12pm on-site

2. Property Highlights

A TASTY INVESTMENT
  • Long established hospitality venue
  • Future potential to further develop
  • Currently returning $58,406.40 pa

GormanKelly is pleased to offer 228 Whitehorse Road, Balwyn for sale via Public Auction on Thursday 7th December 2023 at 12pm on-site.

Key highlights of this opportunity include:

✓ Two level retail premises of 126m²* offered as a leased investment

✓ Ground floor retail, incorporating front of house, kitchen, and amenities, with a first-floor function room and office

✓ Commercial 1 landholding of 243m²*

✓ Long established hospitality venue

✓ 5 year lease from 2019 with no options

✓ Returning $58,406.40 per annum + outgoings & GST

✓ Excellent rear car access and parking via wide right of way

✓ Future potential to further develop

To obtain further information or to arrange an inspection, please contact the exclusive selling agents below.

NICK BREHENY

+61 411 601 730

nbreheny@gormankelly.com.au

RICHARD MUNDAY

+61 408 407 603

rmunday@gormankelly.com.au

Located on the busy Whitehorse Road, Balwyn shopping strip boasting numerous national tenants including Woolworths, McDonalds, Dan Murphy’s, Chemist Warehouse, banks & Palace Cinema.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Richard Munday
Richard Munday
+61 *** *** *** show +61 408 407 603
Nick Breheny
Nick Breheny
+61 *** *** *** show +61 411 601 730

Download Development Site Report

3. Property Location

228 Whitehorse Road, Balwyn, VIC, 3103

Property Map
Street View
228 Whitehorse Road, Balwyn, VIC, 3103 Balwyn
GormanKelly - Hawthorn
GormanKelly - Hawthorn
1/ 1 Oxley RoadHawthorn Vic 3122
View Agency Profile
Richard Munday
Richard Munday
+61 *** *** *** show +61 408 407 603
Nick Breheny
Nick Breheny
+61 *** *** *** show +61 411 601 730
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