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Sold on 19 Jun 2019

286-292 Doncaster Road Balwyn North VIC 3104

  • Shop & Retail
  • 941 m²
  • Sold

OUTSTANDING SECURE FREEHOLD RETAIL INVESTMENTS WITH SIGNIFICANT UPSIDE

  • 2 separate auctions
  • Significant redevelopment potential
  • Combined income: $170,151 p.a. net

Gorman Commercial is pleased to offer 286-288 Doncaster Road, Balwyn North and 290-292 Doncaster Road, Balwyn North for sale separately via two public auctions on Wednesday 19th June 2019 at 12 noon on-site.

An outstanding opportunity has arisen to acquire one or two fully leased retail freehold investments with significant scope for future redevelopment (S.T.C.A.) with generous land holdings and rear access.

Auction 1 - 286, 286A & 288 Doncaster Road:
* Income: $99,261 per annum + GST + outgoings
* Land area: 519 sqm approx.
* Building area: 239 sqm approx.
* Commercial 1 zone
* Leased to 3 tenants
* Rear R.O.W. access and ample on-site parking

Auction 2 - 290 & 292 Doncaster Road:
* Income: $70,890 per annum + GST + outgoings
* Land area: 422 sqm approx.
* Building area: 158 sqm approx.
* Commercial 1 zone
* Leased to 2 tenants
* Rear R.O.W. access and ample on-site parking

Centrally located in the bustling, tightly held Greythorn retail village shopping strip surrounded by national retailers including Westpac, Aldi, Amcal and Beacon Lighting. Minutes from the Eastern Freeway and Westfield Doncaster.

Open for Inspection:
Friday 14th June: 10:30am - 11:00am
Wednesday 19th June: 11:30am - 12:00pm

AUCTION

Auction date and time19/06/2019 12:00
Auction location286-292 Doncaster Road, Balwyn North VIC

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

Property Highlights

Property ID2015275219
Date Sold19 Jun 2019
Floor AreaAsk Agent
Land Area941 m²
ParkingAsk Agent
Category
Last updated  19 Jun 2019
Map for 286-292 Doncaster Road Balwyn North VIC 3104
Map for 286-292 Doncaster Road Balwyn North VIC 3104286-292 Doncaster Road Balwyn North VIC 3104
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  • Purchase Price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Gorman Commercial
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Reach out to the agent to arrange a private or online viewing

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