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DESCRIPTION:HIGHLY PRIZED BALWYN RETAIL INVESTMENT\nGorman Commercial is pl
 eased to offer 427-429 Whitehorse Road\, Balwyn for sale via Public Auctio
 n on Thursday 26th November at 12 noon on-site.\n\n\n\nLeased to nationall
 y recognised pharmacy operator Priceline Pharmacy\, with more than 480 sto
 res across Australia\, this single-level retail freehold\, with over 11 me
 tres of frontage to Whitehorse Road\, presents a rare opportunity to acqui
 re a substantial freehold located in this tightly held Balwyn retail preci
 nct.\n\nKey Property Feature:\n\n- Income $268\,013 pa plus GST and outgoi
 ngs\n- 10-year lease commencing 8th July 2020 with two (2) further terms 
 of five years \n- Annual 3.5% increases\n- Single level Building area of 4
 02 sqm approx.\n- Generous Land area of 503 sqm approx.\n- More than 11 me
 tres frontage \n- ROW and parking at rear\n- Generous council carpark at r
 ear with rear pedestrian access\n\nNotable major tenants in close proximit
 y to the property include Safeway\, Dan Murphys\, First Choice Liquor and 
 McDonalds.\n
DTEND:20261126T130000
DTSTAMP:20261020T074646Z
DTSTART:20261126T120000
LOCATION:427-429 Whitehorse Road\, Balwyn VIC
SEQUENCE:0
SUMMARY:Auction: 427-429 Whitehorse Road\, Balwyn VIC
UID:CRE-2021257896-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>HIGHLY PRIZED BALWYN RETAIL INVESTMEN
 T <br/> Gorman Commercial is pleased to offer 427-429 Whitehorse Road\, Ba
 lwyn for sale via Public Auction on Thursday 26th November at 12 noon on-s
 ite. <br/>  <br/>  <br/>  <br/> Leased to nationally recognised pharmacy o
 perator Priceline Pharmacy\, with more than 480 stores across Australia\, 
 this single-level retail freehold\, with over 11 metres of frontage to Whi
 tehorse Road\, presents a rare opportunity to acquire a substantial freeho
 ld located in this tightly held Balwyn retail precinct. <br/>  <br/> Key P
 roperty Feature: <br/>  <br/> - Income $268\,013 pa plus GST and outgoings
  <br/> - 10-year lease commencing 8th July 2020 with two (2) further term
 s of five years  <br/> - Annual 3.5% increases <br/> - Single level Buildi
 ng area of 402 sqm approx. <br/> - Generous Land area of 503 sqm approx. <
 br/> - More than 11 metres frontage  <br/> - ROW and parking at rear <br/>
  - Generous council carpark at rear with rear pedestrian access <br/>  <br
 /> Notable major tenants in close proximity to the property include Safewa
 y\, Dan Murphys\, First Choice Liquor and McDonalds. <br/> </P></body></ht
 ml>
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