701-705 Whitehorse Road, Mont Albert, VIC 3127

Offices | Retail | Development/Land

For Sale Contact Agent

  • Property ID: 390915
  • Floor Area: 477m²
  • Land Area: 794m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
A MONTY IN MONT ALBERT.

POINT OF INTEREST:

A prime mixed use development opportunity, this Whitehorse Road fronted space is nestled in between Mont Albert, Surrey Hills and Box Hill retail precincts. With a 19 metre* frontage situated alongside the bustling 109 tram line, this property is accessible in both nature and location alike. Moments from signature local cafés Mister and Miss and Via Porta, this retail area is teeming with young families, industry professionals and a number of established, wealthy households. Suited for mixed-use purpose across retail, office or residential - development and more, the only certainty in this property is in the value gained.

- Highly desirable Mixed Use Zoning
- Commercial and/ or Residential development opportunity.
- Two buildings. Two titles.
- Prime Whitehorse Road frontage.
- Passing income $146,910.87 per annum.
- 109 tram at your doorstep.
- Popular Mont Albert locale.
- Total land area of 794 sqm*.
- 12* private car spaces.
- Air conditioned accommodation.
- Rear right of way access.
- Favourable North – South orientation.

701-703 Whitehorse Road
Building area 323sqm*
Land area 546sqm*

705 Whitehorse Road
Building area 154sqm*
Land area 248sqm*

POINT OF VIEW:

The window of opportunity stretches 19 metres across prime Whitehorse Road street frontage. Because the physical state is important, but true real estate sits in the minds of future prospects.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Subject to a lease
  • Lease Term: 2 Years expiring 30 June 2023
  • Rent Review: Not applicable
  • Car Spaces: 12* at rear
  • Condition: Very good
  • Air Conditioning: Yes
  • Floors: Concrete and carpet
  • Lifts: N/A
  • Height: Various
  • Car Parking Fees: N/A
Outgoings
  • Land Tax: Single holding : 701-703 Whitehorse Road $8,999.00 , 705 Whitehorse Road $1,775.00
  • Council Rates: 701-703 Whitehorse Road $4,800.20 , 705 Whitehorse Road $2,347.70
  • Owners Corp. / Insurance: NA
Mont Albert Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $10325 --- ---
Offices $10325 --- ---
Industrial --- $165 ---
This is the average advertised price, rent and yield for Mont Albert, VIC 3127*

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

Days on Market data for Offices in VIC for Sale

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.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 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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