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655 Whitehorse Road, Mont Albert
auction
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ENTRY-LEVEL FREEHOLD INVESTMENT
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Gorman Commercial is delighted to present 655 Whitehorse Road, Mont Albert for sale by public on-site auction on Wednesday 23rd September at 12pm.
On offer is a securely leased commercial investment positioned along one of Melbourne's busiest and most established eastern arterial roads.
Key features comprise:
- Securely leased investment with a new 6-year lease commencing October 2025
- Rent: $33,134.94 pa + GST + outgoings (effective October 2026)
- Fixed annual rental increases of 3% delivering consistent income growth throughout the lease term
- Building area of 102 sqm situated on a Mixed Use Zoned (MUZ) landholding of 186 sqm
- Currently configured as a mechanical workshop providing a functional, commercial premises with long-term flexibility to convert into a traditional retail premises
- Prominent position on Whitehorse Road benefitting from exceptional exposure to substantial daily passing traffic
- Only moments from the ever evolving Box Hill CBD, one of Melbourne's largest metropolitan activity centres, offering extensive retail amenity, commercial accommodation, education and healthcare amenity, including Box Hill Central and the world-class Box Hill Hospital
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Listing Highlights
- Secure investment with long-term tenant
- Prominent main road exposure
- Moments from the evolving Box Hill CBD
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