224 Mitcham Road Mitcham VIC 3132

A rare chance to pour yourself into this secure freehold investment.
With its statewide Duncan Cellars branding and a long-term lease with options until 2037, this is one for your cellar where it will only mature and improve.
Zoned Commercial 1 and separately titled, it features rear laneway access and rear parking for staff. Bathroom and kitchenette amenities onsite.
Situated within Mitcham's local retail precinct, it benefits from street parking to capture the traffic flow from the bustling Mitcham Road.
Don't miss this chance to add this vintage property to your portfolio.

• Leased until early 2027
• Options | Five (5) years + Five (5) years
• Fixed 3% annual reviews
• Current return | $40,314.12 pa net
• Building area | 140sqm approximately
• Zoning | Commercial 1