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.
Remember to mention you found this property on DevelopmentReady
