Feature Property

286-292 Doncaster Road, BALWYN NORTH, VIC

Auction: 19th June, 2019 at 12:00 pm

OUTSTANDING SECURE FREEHOLD RETAIL INVESTMENTS WITH SIGNIFICANT UPSIDE

Gorman Commercial is pleased to offer 286-288 Doncaster Road, Balwyn North and 290-292 Doncaster Road, Balwyn North for sale separately via two public auctions on Wednesday 19th June 2019 at 12 noon on-site.

An outstanding opportunity has arisen to acquire one or two fully leased retail freehold investments with significant scope for future redevelopment (S.T.C.A.) with generous land holdings and rear access.

Auction 1 – 286, 286A & 288 Doncaster Road:
* Income: $99,261 per annum + GST + outgoings
* Land area: 519 sqm approx.
* Building area: 239 sqm approx.
* Commercial 1 zone
* Leased to 3 tenants
* Rear R.O.W. access and ample on-site parking

Auction 2 – 290 & 292 Doncaster Road:
* Income: $70,890 per annum + GST + outgoings
* Land area: 422 sqm approx.
* Building area: 158 sqm approx.
* Commercial 1 zone
* Leased to 2 tenants
* Rear R.O.W. access and ample on-site parking

Centrally located in the bustling, tightly held Greythorn retail village shopping strip surrounded by national retailers including Westpac, Aldi, Amcal and Beacon Lighting. Minutes from the Eastern Freeway and Westfield Doncaster.

Open for Inspection:
Wednesday 22nd May: 12:00pm – 12:30pm
Wednesday 29th May: 12:00pm – 12:30pm

Contact Details

Stephen Gorman
sgorman@gormancommercial.com.au
0418 321 828

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