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CVA Property Consultants - Melbourne

440 Whitehorse Road Nunawading, VIC 3131

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440 Whitehorse Road,
Nunawading, VIC 3131

Shops & Retail • Showrooms & Large Format Retail

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Sale - Expression of Interest closing Thu 28 Nov

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CVA Property Consultants - Melbourne
Stan Dawidowski
Jarrod Moran
Ian Angelico

CVA Property Consultants - Melbourne

18-20 Russell Street
MELBOURNE, VIC 3000
CVA Property Consultants - Melbourne
440 Whitehorse Road
Nunawading, VIC 3131

Map of 440 Whitehorse Road

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  • Train stations within 5 km of 440 Whitehorse Road, Nunawading, VIC 3131Distance
    Mitcham Station622 m
    Nunawading Station973 m
    Heatherdale Station2.5 km
    Blackburn Station3.2 km
    Ringwood Station3.8 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 440 Whitehorse Road, Nunawading, VIC 3131Distance
    74-Stanley Rd/Burwood Hwy (Vermont South)4.3 km
    72-Lakeside Dr/Burwood Hwy (Burwood East)4.4 km
    71-Sevenoaks Rd/Burwood Hwy (Burwood East)4.6 km
    70-Blackburn Rd/Burwood Hwy (Burwood East)4.9 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 440 Whitehorse Road, Nunawading, VIC 3131Distance
    Whitehorse Rd/Rooks Rd (Mitcham)52 m
    Dunlavin Rd/Whitehorse Rd (Nunawading)134 m
    Walker Park/Whitehorse Rd (Nunawading)183 m
    McGlone St/Whitehorse Rd (Mitcham)187 m
    Thornton Cres/Rooks Rd (Nunawading)267 m
    POWERED BY HERE ©
POWERED BY HERE ©

FIRST TIME IN 50 YEARS: CORNER EARLY SETTLER INVESTMENT.

For Sale via Expression of Interest closing Thursday 28th November 2024 at 3pm

POINT OF INTEREST:

A significantly hands-off investment delivering outstanding returns, this once-in-a-generation opportunity means that Early Settlers here will reap great rewards. And with homewares spending forecasted to grow by $367.7 million by 2028, this is Nunawading’s flagship commercial offer for investors serious about long-term success.

A prime 930 sqm* building on a staggering 1,610 sqm* corner block, this high-profile investment opportunity is anchored by the nationally recognised tenant who has been trading here for over 20 years. With a rental return of $259,390.05 + GST per annum, the significance of securing this vital corner piece of Nunawading can’t be understated.

There are 15 allocated car spaces at the front and rear of the property, a golden addition considering the Whitehorse Road retail strip accumulates more than 28,000 passing vehicles daily. There’s also handy rear access for deliveries, and the commercial 2 zoning also affords plenty of future value add and development potential.

With more than 81.61 m* of frontage to Whitehorse Road and Rooks Road, it’s no surprise that the tenant settled here early, with retail giants moving in around it. From auto traders like Hyundai and Alfa Romeo to making a house a home with Amart, Harvey Norman, and The Good Guys, it’s no wonder that this pocket of Whitehorse Road is the first stop to shop.

- Leased to Early Settler for over 20 years.
- $259,390 rental income + GST.
- 930 sqm* total building area.
- 1,610 sqm* total land area.
- 81.61 m* corner frontage.
- On-site parking and rear access.
- Commercial 2 zoning.
- 1.7 km* from the Eastlink.

POINT OF VIEW:

A landmark trophy investment that continues to work hard even when it’s on the mantle. This nationally recognised tenant Settled here Early to establish the best possible position on Whitehorse Road so you can do the same with your portfolio.

*Approx.
Pricing excludes GST

Property ID: 504721180Last Updated: 15 Nov 2024

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