Exceptional Retail Investment on High -Exposure Corner Sells for $3.7 Million

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.


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