545 Whitehorse Road Mitcham VIC 3132

Shop & Retail
349 m²
Sold

Creative Mitcham Freehold Investment | Circa 5%

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.

Ray White Commercial Diston Asset Services

117 Canterbury Road

Heathmont, VIC 3135

Property Highlights

Date Sold	31 May 2024
Floor Area	349 m²
Land Area	445 m²
Energy	0-star NABERS Energy rating
Parking	Ask Agent
Property ID	2019123551
Category	Shop & Retail Development / Land Offices
Last updated	31 May 2024

Map for 545 Whitehorse Road Mitcham VIC 3132

Nearest transport* to 545 Whitehorse Road Mitcham VIC 3132

Bus

Train

Tram

Ferry

Mitcham Rd/Whitehorse Rd (Mitcham)	104 m
Mitcham Rd/Whitehorse Rd (Mitcham)	201 m
Percy St/Brunswick Rd (Mitcham)	255 m
Doncaster East Rd/Whitehorse Rd (Mitcham)	258 m

*Within a 4km radius

Did you find this helpful?

Yes

nbn® Hybrid Fibre Coaxial (HFC) is available in this property

Max wholesale speed tier available: nbn® Hybrid Fibre Coaxial

Ray White Commercial Diston Asset Services

117 Canterbury Road

Heathmont, VIC 3135

Property Highlights

Date Sold	31 May 2024
Floor Area	349 m²
Land Area	445 m²
Energy	0-star NABERS Energy rating
Parking	Ask Agent
Property ID	2019123551
Category	Shop & Retail Development / Land Offices
Last updated	31 May 2024

Listed by

Brett Diston

Ray White Commercial Diston Asset Services

Call

0439 365 532

More about 545 Whitehorse Road Mitcham VIC 3132

545 Whitehorse Road Mitcham VIC 3132 is categorized as Shop & Retail Property. It has a floor area of 349 m² and a land area of 445 m². The listing ID for this property is 2019123551.