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Gorman Commercial Real Estate

1/382 Balwyn Road Balwyn North, VIC 3104

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1/382 Balwyn Road,
Balwyn North, VIC 3104

Shops & Retail
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Gorman Commercial Real Estate
Nathan May

Gorman Commercial Real Estate

L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
04522104...
Gorman Commercial Real Estate
1/382 Balwyn Road
Balwyn North, VIC 3104

Map of 1/382 Balwyn Road

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  • Train stations within 5 km of 1/382 Balwyn Road, Balwyn North, VIC 3104Distance
    Eaglemont Station3.9 km
    Mont Albert Station3.9 km
    Heidelberg Station4.1 km
    Chatham Station4.1 km
    Canterbury Station4.1 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 1/382 Balwyn Road, Balwyn North, VIC 3104Distance
    50-Hill Rd/Doncaster Rd (Balwyn North)859 m
    51-Balwyn Rd/Doncaster Rd (Balwyn North)865 m
    50-Dight Ave/Doncaster Rd (Balwyn North)924 m
    48-Sunburst Ave/Doncaster Rd (Balwyn North)1.2 km
    48-Osburn Ave/Doncaster Rd (Balwyn North)1.3 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 1/382 Balwyn Road, Balwyn North, VIC 3104Distance
    Boroondara ShopsBalwyn Rd48 m
    Nevada St/Balwyn Rd (Balwyn North)272 m
    Seattle St/Stroma Ave (Balwyn North)321 m
    Turnley St/Walnut Rd (Balwyn North)355 m
    Millicent AveBalwyn Rd357 m
    POWERED BY HERE ©
POWERED BY HERE ©

SUPERB SHOP IN RETAIL VILLAGE | SECURELY LEASED

  • Expansive premises of 137 sqm
  • Leased to well established tenant
  • Rear access with lock up garage
Gorman Commercial is pleased to present for sale Unit 1, 382 Balwyn Road, Balwyn North via private treaty.

This well presented shop, securely leased to Dan Edwards Hairdressing, whom have been operating in the immediate area for almost 20 years, will certainly appeal to all investors. This ground floor premises is positioned within a busy local retail shopping strip, set within one of Melbourne's most sought after suburbs, with unbeatable access to the Eastern freeway via Doncaster Road.

The key features of this investment include:
* Versatile 137 sqm retail premises with ample natural light via an internal lightwell
* Leased to establish tenant, trading for almost 20 years in the retail strip
* Income of $32,320* net pa + GST and tenant paying all statutory outgoings
* Rear access with lock up garage
* Three (3) year lease term, commenced 1 March 2024 plus option
* Set within 'The Village' of North Balwyn, with diverse mix of retail outlets, cafes and eateries
* Excellent street parking for customers
* Set within the affluent suburb of Balwyn North (Median House Price $2,142,500 Q3 2024^)

To obtain further information or to arrange an inspection, please contact the marketing agents:

Nathan May
0452 210 4...


* Approx
^ REIV.com.au

Property ID: 504730064Last Updated: 6 Nov 2024

Gorman Commercial Real Estate
L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123

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