230 Whitehorse Road,
Balwyn, VIC 3103
Shops & Retail • Offices • Medical & Consulting
Price information
Sale
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$35,425
Number of Tenants
1 Tenant
Tenants / Type
Ham Kerr Property
Private inspections
to arrange a private inspection.
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
230 Whitehorse Road
Balwyn, VIC 3103
Map of 230 Whitehorse Road
Train stations within 5 km of 230 Whitehorse Road, Balwyn, VIC 3103 Distance Canterbury Station 1.3 km Chatham Station 1.4 km East Camberwell Station 1.8 km Mont Albert Station 2.3 km Riversdale Station 2.3 km POWERED BY HERE ©Tram stops within 5 km of 230 Whitehorse Road, Balwyn, VIC 3103 Distance 47-Balwyn Rd/Whitehorse Rd (Balwyn) 53 m 48-Balwyn Shopping Centre/Whitehorse Rd (Balwyn) 255 m 46-Balwyn Cinema/Whitehorse Rd (Balwyn) 462 m 49-Northcote Ave/Whitehorse Rd (Balwyn) 608 m 45-Hardwicke St/Whitehorse Rd (Balwyn) 817 m POWERED BY HERE ©Bus stops within 5 km of 230 Whitehorse Road, Balwyn, VIC 3103 Distance Whitehorse Rd/Balwyn Rd (Balwyn) 55 m Fintona Girls School/Balwyn Rd (Balwyn) 212 m Jurang St/Balwyn Rd (Balwyn) 288 m Ellen St/Balwyn Rd (Balwyn) 322 m Yarrbat Ave/Balwyn Rd (Balwyn) 413 m POWERED BY HERE ©
POWERED BY HERE ©
Prized Freehold Investment with Upside in Dominant Retail Precinct
- Renewed 3 year lease to Dec 2026
- Potential future rental uplift
- Significant development upside STCA
Burgess Rawson are pleased to offer to the market 230 Whitehorse Road, Balwyn VIC for sale via Private Treaty.
The property has the following key highlights:
+ Renewed Three (3) year lease to December 2026 plus options to 2032.
+ Ham Kerr Property: proven real estate agency and long-term occupant since 2006.
+ Investor preferred net lease terms, with tenant paying all usual outgoings as per lease.
+ Annual CPI rent reviews.
+ Low rent per/sqm providing opportunity for future rental uplift.
+ Well-presented 188sqm* two-level building with on-site parking at the rear.
+ Future development upside STCA with nearby precedent up to 3 levels.
+ Prime 242 sqm* C1Z freehold landholding with important ROW access.
+ High profile position on busy Whitehorse Road with 11,200* vehicles passing daily. (1)
+ Ideally positioned in absolute heart of thriving Balwyn Village amongst Woolworths and Chemist Warehouse.
+ Surrounded by important social infrastructure including 31 schools within 3km* servicing over 19,800 full time students. (1)
+ Balwyn: affluent eastern metro suburb, with median house price up 10.6% to $3,153,000 in past 12 months. (2)
+ Net Income: $35,425pa* + GST
For Sale via Private Treaty.
*Approx
1. GapMaps
2. realestate.com.au
The property has the following key highlights:
+ Renewed Three (3) year lease to December 2026 plus options to 2032.
+ Ham Kerr Property: proven real estate agency and long-term occupant since 2006.
+ Investor preferred net lease terms, with tenant paying all usual outgoings as per lease.
+ Annual CPI rent reviews.
+ Low rent per/sqm providing opportunity for future rental uplift.
+ Well-presented 188sqm* two-level building with on-site parking at the rear.
+ Future development upside STCA with nearby precedent up to 3 levels.
+ Prime 242 sqm* C1Z freehold landholding with important ROW access.
+ High profile position on busy Whitehorse Road with 11,200* vehicles passing daily. (1)
+ Ideally positioned in absolute heart of thriving Balwyn Village amongst Woolworths and Chemist Warehouse.
+ Surrounded by important social infrastructure including 31 schools within 3km* servicing over 19,800 full time students. (1)
+ Balwyn: affluent eastern metro suburb, with median house price up 10.6% to $3,153,000 in past 12 months. (2)
+ Net Income: $35,425pa* + GST
For Sale via Private Treaty.
*Approx
1. GapMaps
2. realestate.com.au
Property ID: 504604016Last Updated: 10 Jul 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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