399 Belmore Road,
Balwyn, VIC 3103
Shops & Retail
Key property information
Land area
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Fitzroys - Melbourne
Level 27, 360 Collins StreetMELBOURNE, VIC 3000
399 Belmore Road
Balwyn, VIC 3103
Map of 399 Belmore Road
Prime Belmore Village Holding with Income and Upside
- Returning $226,000* per annum
- Strategic Land Banking Opportunity
- 8 Titles To Be Sold in “One Line”
Fitzroys is delighted to offer “Belmore Plaza” at 399 Belmore Rd, Balwyn for sale by Auction on Wednesday 4th of May at 1pm on-site.
This significant multi-tenanted property offers investors & developers an outstanding opportunity to secure a freehold with flexible lease profiles and development uplift (STPA) within the desirable eastern suburb of Balwyn.
The property situated in the heart of the Belmore Village retail and lifestyle precinct, a popular centre occupied by Coles Supermarket, local and established traders, cafes and eateries which supports the affluent catchment nearby.
Key highlights of this opportunity include:
- Substantial land parcel of 1,205sqm*
- Two storey building comprising 867sqm* plus onsite parking.
- Passing Rent $226,000* per annum, leased to multiple tenancy.
- Commercial 1 Zone
- Potential Residential/Commercial/Mixed Use Development (STPA)
- 8 individual titles to be offered in “one line”
For further information please contact the exclusive selling agents.
FOR SALE BY PUBLIC AUCTION WEDNESDAY 4TH MAY AT 1PM ON-SITE.
This significant multi-tenanted property offers investors & developers an outstanding opportunity to secure a freehold with flexible lease profiles and development uplift (STPA) within the desirable eastern suburb of Balwyn.
The property situated in the heart of the Belmore Village retail and lifestyle precinct, a popular centre occupied by Coles Supermarket, local and established traders, cafes and eateries which supports the affluent catchment nearby.
Key highlights of this opportunity include:
- Substantial land parcel of 1,205sqm*
- Two storey building comprising 867sqm* plus onsite parking.
- Passing Rent $226,000* per annum, leased to multiple tenancy.
- Commercial 1 Zone
- Potential Residential/Commercial/Mixed Use Development (STPA)
- 8 individual titles to be offered in “one line”
For further information please contact the exclusive selling agents.
FOR SALE BY PUBLIC AUCTION WEDNESDAY 4TH MAY AT 1PM ON-SITE.
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
Owners
Most residents
Families
Most households
Fitzroys - MelbourneLevel 27, 360 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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