378-380 Balwyn Road,
Balwyn North, VIC 3104
Shops & Retail
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Map of 378-380 Balwyn Road
BALWYN NORTH'S FITTEST INVESTMENT
CBRE Melbourne Strip Retail Investments are pleased to present to the market for sale 378-380 Balwyn Road, Balwyn North. The property is for sale via public on-site auction Wednesday 18th October at 12:30PM.
We highlight some key points below:
- Strategic and highly exposed 338sqm* landholding with dual access and onsite parking
- Occupied by longstanding and successful tenants, providing an annual income of $63,141* + GST + outgoings
- Fully leased to 2021 with fixed 4% & 5% rental increases, with NO further options for the tenants to review
- Short to medium term value-add potential given the surrounding building height being achieved
- Located within the affluent suburb of Balwyn North, with a median house price of $1,833,000**
*approx.
Open for Inspection this Tuesday 3rd October at 1:30pm - 2:30pm
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
Jing Jun Heng 王敬君
+61 411 059 116
jj.heng@cbre.com.au
David Minty
+61 422 564 199
david.minty@cbre.com.au
We highlight some key points below:
- Strategic and highly exposed 338sqm* landholding with dual access and onsite parking
- Occupied by longstanding and successful tenants, providing an annual income of $63,141* + GST + outgoings
- Fully leased to 2021 with fixed 4% & 5% rental increases, with NO further options for the tenants to review
- Short to medium term value-add potential given the surrounding building height being achieved
- Located within the affluent suburb of Balwyn North, with a median house price of $1,833,000**
*approx.
Open for Inspection this Tuesday 3rd October at 1:30pm - 2:30pm
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
Jing Jun Heng 王敬君
+61 411 059 116
jj.heng@cbre.com.au
David Minty
+61 422 564 199
david.minty@cbre.com.au
Property ID: 502560210Last Updated: 3 Sep 2021
03 8621 33...
378-380 Balwyn Road
Balwyn North, VIC 3104
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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