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SOLD

313-315 Whitehorse Road, BALWYN, VIC 3103

Properties / Sold / Victoria / Balwyn

Development Potential

1. Property Summary

Property Type

Residential, Mixed Use

Land Area

717 m² (*approx)

Selling Method

SOLD:

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2. Property Highlights

Brilliant Balwyn Retail/Office Freehold Investment

SOLD

Savills is delighted to offer for sale this premium freehold investment opportunity in a highly sought after position within the heart of the Balwyn retail precinct. The property represents a fantastic opportunity to acquire a multi-tenanted investment with an enormous landholding and significant development upside.

Key features of this outstanding opportunity include:

- An impeccably presented two-level retail/office freehold

- Modern and light filled internal space

- 100% leased to high quality tenants with options

- Net Rental (As at 21 Oct 2018): $416,878 per annum* + outgoings & GST

- Demolition clauses within leases providing ultimate flexibility

- Total Building Area: 701sq m* with 12 rear on-site car spaces

- Large landholding of 717sq m* with extensive 17m* retail frontage

- Flexible Commercial 1 Zone

- Perfectly positioned within the tightly held Whitehorse Road, Balwyn retail precinct

The opportunity to secure a secure investment in this prime suburban location is sure to be highly sought after, especially when you consider its future development potential in this prestigious eastern suburb of Melbourne.

EOI Closed - Offers Under Review

Benson Zhou - 0458 488 888

Jesse Radisich - 0402 085 702

Julian Heatherich - 0412 995 655

*Approx.

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