11/385 Belmore Road Balwyn VIC 3103

Ray White Commercial Ferntree Gully is delighted to present For Sale, this well-appointed office suite located in an iconic retail precinct in prestigious Balwyn.

This office is currently tenanted returning $27,600 per annum plus GST and Outgoings. The current three (3) year term commenced on the 1st of December 2023 and there is one (1) further term of three (3) years left on the lease. Fixed 3% annual increases with a market review to be done at the end of the current term.

Comprising of several offices, an open reception area and a handy kitchenette, toilet facilities are available on site. Secure parking for two vehicles underneath the building is included, with visitor parking available outside at the rear. The generously proportioned space is air conditioned and offers plenty of natural light.

The adjacent shopping strip includes major retailers as well as a variety of cafes, restaurants and boutique enterprises. This outstanding property is located approximately five minutes from the Eastern Freeway, with easy access from major arteries.

• Total Building Area 70 sqm*
• Annual rent - $27,600 plus GST & Outgoings
• Current three year term commenced 1/12/2023
• Annual 3% Increases
• One further term of three years
• Kitchenette
• Male & Female Toilets available
• Air Conditioning
• Secure Parking for two vehicles
• Visitor Parking
• Prominent Location
• Commercial 1 Zone (C1Z)