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Gray Johnson - Melbourne

275-277 Doncaster Road & 1, 1A & 1B Sylvander Road Balwyn North, VIC 3104

275-277 Doncaster Road & 1, 1A & 1B Sylvander Road,
Balwyn North, VIC 3104

Shops & Retail • Showrooms & Large Format Retail

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Four Income Streams, One Title

  • Land size 507 sqm*
  • Total building area 365 sqm*
  • Two expansive frontages
Exceptional retail investment on high-exposure corner.

GrayJohnson is excited to offer for sale this prime commercial freehold comprising four shops on a single title in the thriving retail precinct of Greythorn Central in Balwyn North.

Surrounded by a mix of retail and professional businesses including supermarkets, hospitality and services, this property has huge potential for subdivision or a future Commercial 1 redevelopment^.

The impressive corner shop in Doncaster Road has an area of 192 sqm* and is completely self-contained. On the same title are three further shops fronting Sylvander Street. All enjoy additional laneway access, along with a huge public car park at the rear.

The properties are to be sold as one and offer a one-of-a-kind opportunity to a forward-thinking investor.

The opportunity:
• Land size 507 sqm*
• Total building area 365 sqm* comprising:
- Corner shop: 191 sqm*
- Shop 2: 46 sqm*
- Shop 3: 48 sqm*
- Shop 4: 79 sqm*
• Doncaster Road frontage 15m*, Sylvander Street frontage 36m*
• Potential income $147,000pa net plus GST*
• One title, with subdivision and redevelopment potential^
• Rear laneway access and huge public carpark
• Zoned Commercial 1

The location:
• Affluent area, among Melbourne’s top 20 most exclusive postcodes
• Corner position in thriving shopping precinct of Greythorn Central
• High profile main road location
• Neighbours include Aldi, Cellarbrations, Amcal, Beacon Lighting and more
• Bus stop on the doorstep
• Easy access to M3 Freeway/Eastlink

*approx.
^STPA

Property ID: 504206376Last Updated: 20 Apr 2023

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Gray Johnson - Melbourne

30 Collins Street.
MELBOURNE, VIC 3000
04024273...
Gray Johnson - Melbourne
275-277 Doncaster Road & 1, 1A & 1B Sylvander Road
Balwyn North, VIC 3104
Gray Johnson - Melbourne
30 Collins Street.
MELBOURNE, VIC 3000

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