475 Whitehorse Rd & 3 Enterprise Way,
Mitcham, VIC 3132
Shops & Retail
Key property information
Floor area
Tenure type
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Gorman Commercial Real Estate
L1 /415 Riversdale RoadHAWTHORN EAST, VIC 3123
475 Whitehorse Rd & 3 Enterprise Way
Mitcham, VIC 3132
Map of 475 Whitehorse Rd & 3 Enterprise Way
GOLDEN OPPORTUNITY ON WHITEHORSE ROAD
- Combined Income: $105,217 pa + GST
- Building area: 310 sqm approx.
- Commercial 1 Zone
Gorman Commercial is pleased to offer 475 Whitehorse Road & 3 Enterprise Way, Mitcham for sale by Public Auction on Friday, 29th August at 12pm
This substantial high-profile building has two freshly leased tenancies in place each with options for further extensions.
475 Whitehorse is currently leased until 2030 and Enterprise Way until 2028. They each have excellent street frontages with 475 facing directly to Whitehorse Road and 3 Enterprise Way to the multi-level carpark adjoining the future, brand new "fresh" Woolworths (opening in late 2025).
Key Features Include:
* Combined Income: $105,217 pa + GST + outgoings
* Land area: 274 sqm approx.
(including a frontage in excess of 5.8 metres to Whitehorse Road)
* Total Building area: 310 sqm approx.
* Zoning: Commercial 1 Zone
* Future options to extend the lease terms
Facing busy Whitehorse Road, (and Enterprise Way) this outstanding investment opportunity is strategically located at the entrance to the popular Mitcham Shopping centre.
High profile national retailers in close proximity including, the soon to be opened Woolworths, Pet Stock, Drummond Golf, Anytime Fitness and Fernwood Gym, along with a range of professional, health and other services, including the famous Mitcham Hotel (on the corner of Mitcham Road).
The property is in close proximity to the Mitcham Train Station and bus interchange, Maroondah Highway, Eastlink and the Eastern Freeway.
This is really the gateway to the East.
This substantial high-profile building has two freshly leased tenancies in place each with options for further extensions.
475 Whitehorse is currently leased until 2030 and Enterprise Way until 2028. They each have excellent street frontages with 475 facing directly to Whitehorse Road and 3 Enterprise Way to the multi-level carpark adjoining the future, brand new "fresh" Woolworths (opening in late 2025).
Key Features Include:
* Combined Income: $105,217 pa + GST + outgoings
* Land area: 274 sqm approx.
(including a frontage in excess of 5.8 metres to Whitehorse Road)
* Total Building area: 310 sqm approx.
* Zoning: Commercial 1 Zone
* Future options to extend the lease terms
Facing busy Whitehorse Road, (and Enterprise Way) this outstanding investment opportunity is strategically located at the entrance to the popular Mitcham Shopping centre.
High profile national retailers in close proximity including, the soon to be opened Woolworths, Pet Stock, Drummond Golf, Anytime Fitness and Fernwood Gym, along with a range of professional, health and other services, including the famous Mitcham Hotel (on the corner of Mitcham Road).
The property is in close proximity to the Mitcham Train Station and bus interchange, Maroondah Highway, Eastlink and the Eastern Freeway.
This is really the gateway to the East.
Mitcham, 3132 demographic data
The median household income for Mitcham is $2,030, 7% higher than Greater Melbourne's household income of $1,901. Mitcham has an older age profile compared to the rest of Greater Melbourne (median age 39 vs 37). Property ownership data shows 50% of property owners in Mitcham have a mortgage.
16,795
Population
$2,030 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
Gorman Commercial Real Estate L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
HAWTHORN EAST, VIC 3123
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