Creative Mitcham Freehold Investment
545 Whitehorse Road, Mitcham VIC 3132
$2,200,000
RetailSize: n/a
Block size: 445 m² approx.
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.
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.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Brett Diston to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Retail
Block Size:
445 m²*
Other Details
Lot:
17
Plan:
LP1968
Legal description:
17\LP1968
Maps and area information
Block information
Block size: 445m² (approx)
Legal description: 17\LP1968
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
We couldn't find any history for this property.
See Mitcham's suburb profile
Mitcham suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
40 years
Population
16,795
Listing ID: 182382032. This listing has been viewed 0 times. It was first displayed on 18/03/2024 and last updated on 29/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.