359 Whitehorse Road, Balwyn, VIC 3103

Retail | Offices | Showrooms

Leased

  • Property ID: 402056
  • Floor Area: 219m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased 05/09/2022 219m2 N/A N/A
CREATE HISTORY IN THE HEART OF BALWYN.

POINT OF INTEREST:
With origins dating back to the 1930s, move into Balwyn’s retail hub that has roots in money — it’s a former English, Scottish & Australian Bank. The frontage spans 7.7 m* on Whitehorse Road, the main arterial in Balwyn, and the generously proportioned part two level building itself is 219 sqm* of pure exposure. If you weren’t already up to speed with the area, it’s one of Melbourne’s most sought-after eastern suburbs due to the beautiful streetscapes and family-orientated lifestyle, which makes this retail strip frequented by high-income earners. Heavy foot traffic comes from the national retailers on the street like Woolworths, Chemist Warehouse, and Palace Cinemas, as well as the easy public transport connecting the area to the rest of Melbourne. The building has heating and cooling, 6 car spaces on-site, and can be leased for a vast range of uses.

- 219 sqm* building area.
- Suit varierty of uses including hospitality (STPA)
- Commercial 1 Zone.
- 6 car spaces on site.
- 7.7 m* frontage.
- 1.4 km* to Canterbury railway station.
- 12 km* from Melbourne CBD.

POINT OF VIEW:
Retail exposure doesn’t get much better than this. Pair it with the character of the building and calibre of clientele visiting Whitehorse Road, your business will organically flourish.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Now
  • Car Spaces: 6 Allocated Included On Site
  • Condition: Very Good
  • Air Conditioning: Yes
  • Floors: Concrete
  • Age: 1930's
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: $1300.00
  • Council Rates: $6,165.00
  • Owners Corp. / Insurance: Building Insurance (subject to use) $2,800.00
Balwyn Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $212 ---
Offices $6429 $212 3.30%
Retail $6020 --- ---
This is the average advertised price, rent and yield for Balwyn, VIC 3103*

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.

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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