Ground Floor, 327 Whitehorse Road,
Balwyn, VIC 3103
Shops & Retail • Showrooms & Large Format Retail
Key property information
Floor area
Parking info
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Map of Ground Floor, 327 Whitehorse Road
Looking Good
- Total floor area 185sqm*
- 8.6m* frontage to Whitehorse Road
- New 3 x 3-year lease
Secure retail investment in main road location.
GrayJohnson is pleased to offer for sale by auction these ground floor retail premises securely leased to Advanced Beautytech Laser Clinic.
Surrounded by a mix of retail and commercial businesses, this property is located in the heart of affluent Balwyn.
With a new 3x3-year lease in place, this property makes a great addition to your investment portfolio.
The property consists of the lower level of a two-storey solid brick building with entry directly from Whitehorse Road. It is currently configured for the long-term tenant with polished concrete floors, reception and waiting area and six individual treatment rooms plus a large main office area, laundry and storeroom. There is an additional private entry from the rear, where a laneway gives access to four off-street carparks.
The opportunity:
• Prominent position in Balwyn’s main shopping strip
• Total floor area 185sqm*
• 8.6m* frontage to Whitehorse Road
• Rear lane access to four off-street carparks
• Heating and air conditioning throughout
• Self-contained with dual toilets and kitchenette
• New 3x3-year lease returning $62,000 p.a. net + GST
The location:
• Affluent area, among Melbourne’s 10 most expensive suburbs
• Excellent exposure to Whitehorse Road
• Close to intersection with Balwyn Road
• Nearby businesses include a wide range of retail, eateries, childcare, bank, health and wellbeing, and Balwyn Cinema
• Whitehorse Road tram at the door
*approx
GrayJohnson is pleased to offer for sale by auction these ground floor retail premises securely leased to Advanced Beautytech Laser Clinic.
Surrounded by a mix of retail and commercial businesses, this property is located in the heart of affluent Balwyn.
With a new 3x3-year lease in place, this property makes a great addition to your investment portfolio.
The property consists of the lower level of a two-storey solid brick building with entry directly from Whitehorse Road. It is currently configured for the long-term tenant with polished concrete floors, reception and waiting area and six individual treatment rooms plus a large main office area, laundry and storeroom. There is an additional private entry from the rear, where a laneway gives access to four off-street carparks.
The opportunity:
• Prominent position in Balwyn’s main shopping strip
• Total floor area 185sqm*
• 8.6m* frontage to Whitehorse Road
• Rear lane access to four off-street carparks
• Heating and air conditioning throughout
• Self-contained with dual toilets and kitchenette
• New 3x3-year lease returning $62,000 p.a. net + GST
The location:
• Affluent area, among Melbourne’s 10 most expensive suburbs
• Excellent exposure to Whitehorse Road
• Close to intersection with Balwyn Road
• Nearby businesses include a wide range of retail, eateries, childcare, bank, health and wellbeing, and Balwyn Cinema
• Whitehorse Road tram at the door
*approx
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
Gray Johnson - Melbourne
7/41 Exhibition StreetMELBOURNE, VIC 3000
04024273...
Ground Floor, 327 Whitehorse Road
Balwyn, VIC 3103
Gray Johnson - Melbourne7/41 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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