![RWC - Diston Asset Services](https://i1.au.reastatic.net/170x46-fit/80a60528a30dff41eaf0ab8950d3b0e02e4cd69269f0d98d86264cf065941f8f/large_commercial.jpg)
224 Mitcham Road,
Mitcham, VIC 3132
Shops & Retail
Price information
Sale - Expression of Interest
Price on application
Key property information
Floor area
Zoning
Tenure type
Private inspections
to arrange a private inspection.
Map of 224 Mitcham Road
Train stations within 5 km of 224 Mitcham Road, Mitcham, VIC 3132 Distance Mitcham Station 1.6 km Nunawading Station 2.2 km Heatherdale Station 2.7 km Ringwood Station 3.8 km Blackburn Station 3.9 km POWERED BY HERE ©Bus stops within 5 km of 224 Mitcham Road, Mitcham, VIC 3132 Distance Chippewa Ave/Mitcham Rd (Mitcham) 96 m Park RdMitcham Rd 111 m Cresswell CresSpringfield Rd 274 m Mullauna Secondary College/Springfield Rd (Mitcham) 286 m Hedge End RdMitcham Rd 289 m POWERED BY HERE ©
POWERED BY HERE ©
Sparkling Retail Freehold
A rare chance to pour yourself into this secure freehold investment.
With its statewide Duncan Cellars branding and a long-term lease with options until 2037, this is one for your cellar where it will only mature and improve.
Zoned Commercial 1 and separately titled, it features rear laneway access and rear parking for staff. Bathroom and kitchenette amenities onsite.
Situated within Mitcham's local retail precinct, it benefits from street parking to capture the traffic flow from the bustling Mitcham Road.
Don't miss this chance to add this vintage property to your portfolio.
• Leased until early 2027
• Options | Five (5) years + Five (5) years
• Fixed 3% annual reviews
• Current return | $40,314.12 pa net
• Building area | 140sqm approximately
• Zoning | Commercial 1
With its statewide Duncan Cellars branding and a long-term lease with options until 2037, this is one for your cellar where it will only mature and improve.
Zoned Commercial 1 and separately titled, it features rear laneway access and rear parking for staff. Bathroom and kitchenette amenities onsite.
Situated within Mitcham's local retail precinct, it benefits from street parking to capture the traffic flow from the bustling Mitcham Road.
Don't miss this chance to add this vintage property to your portfolio.
• Leased until early 2027
• Options | Five (5) years + Five (5) years
• Fixed 3% annual reviews
• Current return | $40,314.12 pa net
• Building area | 140sqm approximately
• Zoning | Commercial 1
Additional information
External websites
Property ID: 504658896Last Updated: 12 Aug 2024
RWC - Diston Asset Services
117 Canterbury RoadHEATHMONT, VIC 3135
04393655...![RWC - Diston Asset Services](https://i1.au.reastatic.net/170x46-fit/80a60528a30dff41eaf0ab8950d3b0e02e4cd69269f0d98d86264cf065941f8f/large_commercial.jpg)
![RWC - Diston Asset Services](https://i1.au.reastatic.net/170x46-fit/80a60528a30dff41eaf0ab8950d3b0e02e4cd69269f0d98d86264cf065941f8f/large_commercial.jpg)
224 Mitcham Road
Mitcham, VIC 3132
RWC - Diston Asset Services117 Canterbury Road
HEATHMONT, VIC 3135
HEATHMONT, VIC 3135