601 Whitehorse Road,
Surrey Hills, VIC 3127
Shops & Retail • Other
Key property information
Land area
Floor area
Parking info
Property extent
Zoning
Tenure type
Sold on
Map of 601 Whitehorse Road
THIS INVESTMENT TAKES THE CAKE
- Building Area: 154sqm
- Land Area: 270sqm
- Currently Returning $39,720 pa
GormanKelly in conjunction with Brindley Consulting is pleased to offer 601 Whitehorse Road, Surrey Hills for Sale.
A great affordable entry level commercial investment occupying a high exposure location in a tightly held retail shopping village situated within an affluent suburb and leased to a long standing business.
We believe the most outstanding aspects of this property include:
- Two-level retail shop/dwelling of 154m2 with rear access and parking;
- Secure lease to “Hilltop Cakes” until August 2018 with no further options;
- Currently returning $39,720 net p.a. plus outgoings;
- Suitable for Investors or Owner Occupiers;
- Potential for further development (S.T.C.A);
- Land area 270m² / Zoned Commercial 1;
- Trams at the doorstep in Whitehorse Road and only a short walk to Surrey Hills Train Station (1.1m);
- Surrounded by established local businesses including Floral Frenzy Florist, Hocking Stuart Balwyn, Purvis Wine Cellars, National Pharmacy & Surrey Hills Men’s Hairdressing.
The property is prominently located on the southern side of Whitehorse Road, Surrey Hills on the corner of Langford Street, approximately 13 kilometres from the CBD, with Eastern Freeway, Surrey Hills and Mont Albert Train Stations only minutes away.
A great affordable entry level commercial investment occupying a high exposure location in a tightly held retail shopping village situated within an affluent suburb and leased to a long standing business.
We believe the most outstanding aspects of this property include:
- Two-level retail shop/dwelling of 154m2 with rear access and parking;
- Secure lease to “Hilltop Cakes” until August 2018 with no further options;
- Currently returning $39,720 net p.a. plus outgoings;
- Suitable for Investors or Owner Occupiers;
- Potential for further development (S.T.C.A);
- Land area 270m² / Zoned Commercial 1;
- Trams at the doorstep in Whitehorse Road and only a short walk to Surrey Hills Train Station (1.1m);
- Surrounded by established local businesses including Floral Frenzy Florist, Hocking Stuart Balwyn, Purvis Wine Cellars, National Pharmacy & Surrey Hills Men’s Hairdressing.
The property is prominently located on the southern side of Whitehorse Road, Surrey Hills on the corner of Langford Street, approximately 13 kilometres from the CBD, with Eastern Freeway, Surrey Hills and Mont Albert Train Stations only minutes away.
Surrey Hills, 3127 demographic data
The median household income for Surrey Hills is $2,503, 32% higher than Greater Melbourne's household income of $1,901. Surrey Hills has an older age profile compared to the rest of Greater Melbourne (median age 42 vs 37). Property ownership data shows 45% of property owners in Surrey Hills have a mortgage.
13,655
Population
$2,503 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
04186552...
601 Whitehorse Road
Surrey Hills, VIC 3127
GormanKelly - Hawthorn1 Oxley Road
HAWTHORN, VIC 3122
HAWTHORN, VIC 3122
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
