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286-292 Doncaster Road
Balwyn North VIC 3104
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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
Gorman Commercial Real Estate Pty Ltd
Gorman Commercial Real Estate Pty Ltd
L1, 415 Riversdale Road
Hawthorn East, VIC 3123

Property Highlights

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

Nearest transport* to 286-292 Doncaster Road Balwyn North VIC 3104

Bus
Train
Tram
Greythorn LPO/Doncaster Rd (Balwyn North)57 m
Sylvander St/Doncaster Rd (Balwyn North)92 m
Greythorn SC/Doncaster Rd (Balwyn North)224 m
Greythorn SC/Doncaster Rd (Balwyn North)243 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Gorman Commercial Real Estate Pty Ltd
Gorman Commercial Real Estate Pty Ltd
L1, 415 Riversdale Road
Hawthorn East, VIC 3123

Property Highlights

Date Sold19 Jun 2019
Floor AreaAsk Agent
Land Area941 m²
ParkingAsk Agent
Property ID2015275219
Category
Last updated  19 Jun 2019

Listed by

Stephen Gorman
Stephen Gorman
Gorman Commercial Real Estate Pty Ltd
Call
0418 321 828

More about 286-292 Doncaster Road Balwyn North VIC 3104

286-292 Doncaster Road Balwyn North VIC 3104 is categorized as Shop & Retail Property. It has a land area of 941 m². The listing ID for this property is 2015275219.

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