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Sold on 10 Jun 2016

313-315 Whitehorse Road Balwyn VIC 3103

  • Shop & Retail
  • 701 m²
  • Sold

ASKING PRICE $6,500,000 - 6% YIELD* / A PRIME INNER EASTERN INVESTMENT WITH GENUINE UPSIDE

    313-315 Whitehorse Road, Balwyn VIC 3103

    A PRIME INNER EASTERN INVESTMENT WITH GENUINE UPSIDE

    A supremely prominent two level inner-eastern retail and office building in booming Balwyn

    Fully refurbished throughout with high quality fit outs providing excellent depreciation tax benefits

    A highly exposed ground floor retail frontage of 16.9 metres* and 12 rear car spaces

    Leased to two highly established tenants with total income of $389,160 p.a** and fixed annual increases

    Substantial land area of 717sqm* with rear access providing outstanding development potential (STCA)

    Demolition clauses offering ultimate flexibility to the future owner

    Located within Whitehorse Road retail and hospitality precinct and surrounded by Melbourne's most affluent eastern suburbs

    For more information contact the exclusive sales and marketing agents below:

    Rorey James
    +61 439 400 081

    Mark Wizel
    +61 409 809 868

    Josh Rutman
    +61 411 273 746

    * approximate
    ** as at October 2016

    CBRE Melbourne
    CBRE Melbourne

    Property Highlights

    Property ID2012417975
    Date Sold10 Jun 2016
    Floor Area701 m²
    Land Area717 m²
    ParkingOn site parking available
    Building TypeWhole building
    Category
    Last updated  19 Nov 2020
    Map for 313-315 Whitehorse Road Balwyn VIC 3103
    Map for 313-315 Whitehorse Road Balwyn VIC 3103313-315 Whitehorse Road Balwyn VIC 3103
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    CBRE Melbourne
    CBRE Melbourne

    Property Highlights

    Property ID2012417975
    Date Sold10 Jun 2016
    Floor Area701 m²
    Land Area717 m²
    ParkingOn site parking available
    Building TypeWhole building
    Category
    Last updated  19 Nov 2020
    CBRE Melbourne
    Level 34, 8 Exhibition Street Melbourne VIC 3000

    Ask CBRE Melbourne about this property

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