503 Whitehorse Road, Mitcham, VIC 3132

Retail | Offices | Medical

Leased

  • Property ID: 430279
  • Floor Area: 280m²
  • Land Area: 306m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Leased 14/06/2023 280m2 306m2 N/A
Commercial Premise for Lease in Mitcham's Retail Corridor

Ray White Commercial Ferntree Gully is delighted to present For Lease, this prime retail premise with a total building area of 280sqm*, located in a bustling shopping strip right on Whitehorse Road. This commercial property boasts a wide street frontage with high exposure making it a great position for your business to be seen by passersby.

The interior features floorboards, neutral finishes, a kitchenette and toilets as well as two seperate retail/office spaces accessible from both front and rear entry ways. The location is well situated and within walking distance from Mitcham Station, allowing easy access for those using public transport. The busy shopping strip is also in close proximity to major retailers, making it a prime spot for attracting customers.

• Total Building Area 280 sqm*
• Front & Rear Entry Ways
• Wide Street Frontage
• Kitchenette
• Male & Female Toilets
• Close to Major Retailers
• Walk to Mitcham Station
• Great Exposure in Busy Retail Strip

* Approximately

Mitcham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $6410 --- ---
Industrial $6250 $171 2.74%
Offices $6410 $260 4.05%
This is the average advertised price, rent and yield for Mitcham, VIC 3132*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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  Ray White Commercial Ferntree Gully

 

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Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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