March 9, 2023
Balwyn, Eastern Suburbs, Retail, Sales, Sold
Exceptional Retail Investment on High -Exposure Corner Sells for $3.7 Million
By Brett Simpson
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GrayJohnson is excited to announce the sale of 27-277 Doncaster Road & 1, 1A & 1B Sylvander Street, Balwyn North which comprises of four shops on a single title in the thriving retail precinct of Greythorn Central in Balwyn North. Surrounded by a mix of retail and professional businesses including supermarkets, hospitality and services, this property has huge potential for subdivision or a future Commercial 1 redevelopment (subject to planning approval).
Key features of the property include: • High-profile corner location in thriving Greythorn shopping precinct • Land size 507sqm* • Doncaster Road frontage 15m, Sylvander Street frontage 36m • Total building area 365sqm* • Potential income $147,000 pa* net plus GST • Additional laneway access and huge public carpark at rear
For more details contact Brett Simpson 0402 427 392 or Tom Burley 0451 501 800.