545 Whitehorse Road, Mitcham, Vic 3132

Retail
|Land/Development
|Offices
For Sale
For Sale
Published on: 18 Mar 2024
Last updated on: 31 May 2024
545 Whitehorse Road, Mitcham, Vic 3132
545 Whitehorse Road, Mitcham, Vic 3132
545 Whitehorse Road, Mitcham, Vic 3132
+9
545 Whitehorse Road, Mitcham, Vic 3132
  • 9
  • 1
Property ID: 504546240
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Key property information

Land Size
4,789.94 sq ft
Zoning
Commercial 1
Floor Area
3,756.60 sq ft
Tenure Type
tenanted

Creative Mitcham Freehold Investment | Circa 5%

545 Whitehorse Road, Mitcham, Vic 3132
RWC Diston Asset Services is proud to present this prime positioned freehold set amongst Mitcham's vibrant retail precinct. 

The property boasts the following features:

• Single freehold, double shopfront to Whitehorse Road
• Zoning | Commercial 1
• Estimated combined dual income of $120,160 pa 
• Land area | 445sqm approximately
• Building area | 349sqm approximately
• Fixed rental increases 
• Recently renewed leases with options through to 2031
• Front street parking plus rear laneway access 
• Future development potential (STCA) 

This is a unique investment opportunity that combines the tightly held retail strip in one of Melbourne's most sought after suburbs. 

Complete with dual income, this property promises a secure and lucrative investment for discerning investors, with huge scope for future value add possibilities. 

Don't miss your chance to own a piece of Mitcham's retail precinct and join this thriving community.

Contact us today to schedule a viewing or for further information.

Property Details

Basic Info

Property Type
RetailLand/DevelopmentOffices
Listing Status
Under Contract
Land Size
4,789.94 sq ft
Address
545 Whitehorse Road, Mitcham, Vic 3132

Floorplans and tours

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Brett Diston
Brett Diston
117 Canterbury Road, Heathmont, Vic 3135
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Brett Diston
Brett Diston
117 Canterbury Road, Heathmont, Vic 3135
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      Property ID: 504546240

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