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523 Whitehorse Road, MITCHAM VIC 3132 SOLD

MAGNIFICENT MITCHAM RETAIL INVESTMENT
8
Price
Contact Agent
Building Area
214 sqm
  • High profile retail investment
  • Longstanding tenant
  • Tightly held retail strip

Description

High profile Whitehorse Road retail investment freehold set amongst national tenants.

Auction: Friday 25th March 2022 at 12 noon on-site

Key features comprise:

* Income: $51,145 pa + GST + outgoings
* Leased to longstanding tenant
* Building area: 214 sqm approx.
* Land area: 271 sqm approx. including a 6.7 metre frontage
* Commercial 1 zone
* R.O.W. at rear

Outstanding central location within metres of the busy Whitehorse and Mitcham Road intersection with excellent exposure and high volume foot traffic. The strip includes neighbours such as Coles, Subway, Dominos and major banks. The Mitcham Train Station is close by and bus services are on the doorstep.

LOCATION