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545 Whitehorse Road
Mitcham VIC 3132
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Sold on 31 May 2024

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.

    Contact us today to schedule a viewing or for further information.

    Ray White Commercial Diston Asset Services
    Ray White Commercial Diston Asset Services
    117 Canterbury Road
    Heathmont, VIC 3135

    Property Highlights

    Date Sold31 May 2024
    Floor Area349 m²
    Land Area445 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Property ID2019123551
    Category
    Last updated  31 May 2024
    Map for 545 Whitehorse Road Mitcham VIC 3132
    Ray White Commercial Diston Asset Services
    Ray White Commercial Diston Asset Services
    117 Canterbury Road
    Heathmont, VIC 3135

    Property Highlights

    Date Sold31 May 2024
    Floor Area349 m²
    Land Area445 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Property ID2019123551
    Category
    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.

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