GormanKelly has the pleasure to introduce Unit 2, 603-611 Whitehorse Road, Mitcham for sale by public auction scheduled for the 31st August at 2pm, on-site.
The most outstanding aspects of the property are:
- Extremely affordable price point
- Long standing tenant - Orthotic Specialist Centre Pty Ltd who have been in business for over 20 years and are market leaders in the supply of paramedical products such as compression equipment, supports, braces and wheelchairs
- Renewed lease of five (5) years plus one further option of five (5) years
- Return of $80,730 p.a. with all outgoings paid by the tenant
- Healthy annual rent increases
- Excellent lease security
- Building area of 535sqm approx. with eight (8) car spaces plus extra parking in service lane at the front of the property
- Clear span and lofty showroom/office with tilt door access (currently glass façade) with 22 metres of highway frontage
- Less than 1km to the Eastlink (outbound and inbound entries/exits)
Showrooms along the popular Mitcham Showroom Precinct do not come up very often for sale.
Do not miss out on this securely leased investment.
Unit 2, 603 -611 Whitehorse Road, Mitcham is located on the outbound side of Whitehorse Road/Maroondah Highway in Mitcham, close to the intersection of Cook Road and approximately 22km east of the Melbourne CBD within the Municipality of Whitehorse City Council. Maroondah Highway/Whitehorse Road is a major arterial road that runs from Balwyn through to Croydon. A key attribute of the location is the very close proximity to inbound and outbound Eastlink.
