October 29, 2024
Balwyn, Eastern Suburbs, For Sale, Investment, Retail, Sales
Prime Retail Investments in Blue Ribbon Location
By Matt Hoath
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GrayJohnson is pleased to offer for sale by expressions of interest Shops 1 & 2, 74 Doncaster Road, two retail properties in a high-profile mixed-use complex in affluent Balwyn North. These two properties can be bought together or separately. The very strong lease covenant makes these properties a sound choice for an investor or super fund seeking quality property in an established and well-regarded village location.
Opportunity 1 > Long-established café business (Village Café) > Prime corner position > Building area 134sqm* > Rental: $111,316 pa
Opportunity 2 > Adjoining tenancy to Village Café > Long-established hairdressing business > Building area: 79.1sqm* > Rental: $68,442 pa
The location: > High exposure in main road location > Surrounded by high-net-worth residential real estate > Two large council carparks in proximity > Minutes to Eastern Freeway
For more details contact Matt Hoath 0418 543 714 or Rory White 0439 655 504.