Looking Good

Ground Floor, 327, Whitehorse Road, BALWYN, VIC, 3103


Secure retail investment in main road location.

GrayJohnson is pleased to offer for sale by auction these ground floor retail premises 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 and waiting 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 laneway gives access to four off-street carparks.

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 carparks
• Heating and air conditioning throughout
• Self-contained with dual toilets and kitchenette
• New 3×3-year lease returning $62,000 p.a. net + GST

The location:
• Affluent area, among Melbourne’s 10 most expensive suburbs
• Excellent exposure to Whitehorse Road
• Close to intersection with Balwyn Road
• Nearby businesses include a wide range of retail, eateries, childcare, bank, health and wellbeing, and Balwyn Cinema
• Whitehorse Road tram at the door


Key Details


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