378-380 Balwyn Road Balwyn North VIC 3104

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
+61 411 059 116
jj.heng@cbre.com.au

David Minty
+61 422 564 199
david.minty@cbre.com.au