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666 Whitehorse Road
Mitcham VIC 3132
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Sold on 27 Mar 2024

666 Whitehorse Road Mitcham VIC 3132

  • Factory, Warehouse & Industrial
  • 407 m²
  • Sold

100% Leased Corner Freehold Commercial Building in Growth Precinct with Value-add

  • 100% Leased Commercial Building
  • 1,324 sqm* Corner Landholding
  • Surplus Land & Rear Car Parking On-site

Stonebridge Property Group is pleased to present 666 Whitehorse Road, Mitcham offered for sale via Public On-site Auction.

666 Whitehorse Road is a 100% leased corner freehold office/ showroom/warehouse in the Mitcham growth precinct.

The key highlights of the property include:

- 100% leased to a highly experienced steel fabrication company - 'Ormand Steel Pty Ltd', which commenced on 20th May 2023 with 1 x 2-year option

- Fixed annual rental increase of 3%

- Commercial 2 zoned 1,324 sqm* corner landholding providing for a range of future extension and/or potential development options (STCA)

- Existing improvements of 407 sqm* building comprise well-presented office/showroom with large windows, rear warehouse featuring roller door access, and 2 large car parks accommodating 13 cars

- Expansive street presence with a combined frontage of 73 m* to Whitehorse Road and Monomeeth Drive, allowing for significant development efficiencies and/or retail activation

- Various surplus land may allow lightweight construction of an extension and/or additional building (STCA)

- Positioned to benefit from the amenity in Mitcham and neighbouring retail precinct only a short distance to Mitcham Badminton (500 m*), Antonio Park Playground (350 m*), Mitcham Train Station (1 km*), Mitcham Shopping Centre (1.1 km*), and Eastland Shopping Centre (2.5 km*)

- Strategically connected to Mitcham's neighbours via major arterial roads including Maroondah Highway/Whitehorse Road and Eastlink (Toll Road), and accessible bus stops within walking distance (50 m*)

666 Whitehorse Road provides an opportunity to purchase a secure large corner office/showroom/warehouse with upside potential in an exponential growth precinct.

666 Whitehorse Road, Mitcham is for sale Public On-site Auction Wednesday 27th March at 2:30pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Dylan Kilner
0459 396 341

Max Warren
0488 296 892

Chao Zhang
0411 625 068

*Approximately

Property Code: 894

AUCTION

Auction date and time27/03/2024 14:30
Auction locationSee description
Stonebridge Property Group VIC
Stonebridge Property Group VIC
Level 19, 627 Chapel Street
South Yarra, VIC 3141

Property Highlights

Date Sold27 Mar 2024
Floor Area407 m²
Land Area1,324 m²
ParkingAsk Agent
Property ID2019072425
Category
Last updated  27 Mar 2024
Map for 666 Whitehorse Road Mitcham VIC 3132
Stonebridge Property Group VIC
Stonebridge Property Group VIC
Level 19, 627 Chapel Street
South Yarra, VIC 3141

Property Highlights

Date Sold27 Mar 2024
Floor Area407 m²
Land Area1,324 m²
ParkingAsk Agent
Property ID2019072425
Category
Last updated  27 Mar 2024

Co-Agents

Dylan Kilner
Dylan Kilner
Stonebridge Property Group VIC
Call
+61 459 396 341
Max Warren
Stonebridge Property Group VIC
Call
+61 488 296 892
Chao Zhang 张超
Stonebridge Property Group VIC
Call
+61 411 625 068

More about 666 Whitehorse Road Mitcham VIC 3132

666 Whitehorse Road Mitcham VIC 3132 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 407 m² and a land area of 1,324 m². The listing ID for this property is 2019072425.

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