274 Whitehorse Road,
Balwyn, VIC 3103

Shops & Retail

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Car spaces

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Map of 274 Whitehorse Road

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DUAL INCOME - PRIME INVESTMENT OPPORTUNITY

GormanKelly is pleased to offer 274 Whitehorse Road, Balwyn FOR SALE - Closing Tuesday 31st May 2022 at 3pm.

Key Features:

- 2 Storey Retail premises 315m2*
- 2 tenancies & Dual income stream
- Long standing anchor tenant
- Returning total $85,906pa net
- Site area 402m2* with 10m* frontage to Whitehorse Rd
- Commercial 1 zone
- Independent entry to each tenancy
- Rear Lane access and 3 on site car spaces

Well-situated in the heart of the Balwyn shopping strip opposite Woolworths and Mangan Street. A highly regarded and frequented shopping district, ample parking, the property is surrounded by national and specialty retailers including Chemist Warehouse, Tang Asian Food Emporium, Mountfords Shoes and a variety of quality restaurants and service industry businesses.

For further information contact Glenn Neilson 0438 599 2...

Open for Inspection - 9am, Tuesday 24th May 2022.

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Balwyn, 3103 demographic data

The median household income for Balwyn is $1,975, 4% higher than Greater Melbourne's household income of $1,901. Balwyn has an older age profile compared to the rest of Greater Melbourne (median age 43 vs 37). Property ownership data shows 38% of property owners in Balwyn have a mortgage.

13,495

Population

$1,975 per week

Median household income

43 years

Median age

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Most residents

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Most households

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