Raine & Horne Commercial are pleased to present to the market 226-232 Belair Road, Hawthorn for sale by Expression of Interest.
Located on a prime corner site of approximately 1,298m2 along Belair Road this fully leased asset provides well established and secure tenants in the heart of the Mitcham Council commercial precinct.
This property consist of 3 commercial tenants (The Cheesecake Shop, Audika and Pasta Chef) and is situated next to popular fast food chains, busy neighbourhood shops and adjacent Mitcham Shopping Center.
Key features include;
> Fully leased with an estimated net return of approximately $118,245.85* per annum
> Total build area of 282m2 split into three tenancies
> Exposure to 24,200* passing vehicles daily
> Ample on-site parking
> 40m* of frontage to Belair Road
> Entry and exit from both Blair Road & Wemyss Avenue
> Zoned Suburban Activity Centre (SAC)
> Future redevelopment potential
Expression of Interest Close 12th (Tuesday) of December 2023 at 12pm
PRICE GUIDE - In excess of $2.1M
Daniel Romeo 0413 383 370
RLA 205498
*approximately
All figures provided are approximate only
(Any outlines indicative only)
ALL AREAS AND DIMENSIONS ARE APPROXIMATE ONLY AND HAVE NOT BEEN SURVEYED. PROSPECPECTIOVE PRUCAHSERS SHOULD MAKE THEIR OWN ENQUIRES IN REGARDS TO ACCURCY OF ALL DIMEMSIONS