224 Mitcham Road,
Mitcham, VIC 3132
Shops & Retail
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Floor area
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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
* Boundary lines on images are indicative only. Please refer to title.
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
* Boundary lines on images are indicative only. Please refer to title.
Additional information
External websites
Property ID: 504658896Last Updated: 18 Nov 2024
04393655...
224 Mitcham Road
Mitcham, VIC 3132
RWC - Diston Asset Services117 Canterbury Road
HEATHMONT, VIC 3135
HEATHMONT, VIC 3135
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