Looking Good – Secure Retail Investment in Main Road Location

GrayJohnson is pleased to offer for sale by auction 327 Whitehorse Road, Balwyn securely leased to Advanced Beautytech Laser Clinic. Surrounded by a mix of retail and commercial businesses, this property is located in the heart of affluent Balwyn. With a new 3 + 3 year lease in place, this property makes a great addition to your investment portfolio.

The property consists of the lower level of a two-storey solid brick building with entry directly from Whitehorse Road. It is currently configured for the long-term tenant with polished concrete floors, reception area and six individual treatment rooms plus a large main office area, laundry and storeroom. There is an additional private entry from the rear, where a generous laneway gives access to four off-street car parks.

The opportunity:
• Prominent position in Balwyn’s main shopping strip

• Total floor area 185sqm*

• 8.6m* frontage to Whitehorse Road

• Rear lane access to four off-street car parks

• New 3 + 3 year lease returning $62,000 p.a. net plus GST

The location:
• Affluent area, among Melbourne’s 10 most expensive suburbs

• Excellent exposure to Whitehorse Road

• Close to intersection with Balwyn Road

For more information contact Brett Simpson 0402 427 392 or Tom Burley 0451 501 800.

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