359-363 Mitcham Road, Mitcham, VIC 3132

Medical | Offices | Retail

Sold

  • Property ID: 441422
  • Floor Area: 290m²
  • Land Area: 377m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 22/03/2024 290m2 377m2 Contact Agent
High Profile Corner Freehold Suiting Medical/Vet/Speciality Uses Opposite Mitcham Station

Stonebridge Property Group is pleased to present 359-363 Mitcham Road, Mitcham.

The property is a high profile corner commercial building with substantial existing improvements opposite Mitcham Train Station and retail precinct.

The property's DDA (disability) compliance will suit medical/veterinary and other speciality uses.

Key highlights of the opportunity include:

- Significant 290 sqm* (GBA) corner commercial building with DDA (disability) compliance ramp, modest internal amenity and the ability to split the property into two self-contained tenancies

- Zoned Commercial 1 (C1Z) plus an expansive street presence with a total of 39.5 m* frontage allowing for retail activation and/or significant development efficiencies (STCA)

- Existing improvements comprise modern office/medical fit-out complemented by an expansive secure underground car park with automatic roller door

- High-profile 377 sqm* landholding with residential and/or commercial upside in future (STCA)

- 8+ secure car parks

- Positioned to benefit from the amenity in Mitcham’s retail precinct within immediate access to Mitcham Shopping Centre (550 m*), Mitcham Reservoir (700 m*), Mullauna College (1.2 km*), Mitcham Private Hospital (1 km*), and Nunawading retail precinct (1.5 km*)

- Strategically connected to Melbourne CBD via a first-class transport network anchored by the Mitcham Train Station (opposite), but also bolstered by the local bus routes (80 m*) and Maroondah Highway (250 m*)

359-363 Mitcham Road provides an opportunity to purchase a value-add headquarters for your business or to secure the next high profile landbank opportunity in a precinct earmarked for exponential growth.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Dylan Kilner
0459 396 341

Max Warren
0488 296 892

Chao Zhang ??
0411 625 068

*Approximately

Property Code: 893

Mitcham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $6250 $194 3.10%
Offices $6410 $260 4.05%
Retail $6410 --- ---
This is the average advertised price, rent and yield for Mitcham, VIC 3132*
* 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:

  • 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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