Ray White Commercial is delighted to offer this exceptional opportunity to secure 328 Belmore Road, Balwyn to be offered by Public Auction scheduled for Thursday 12th October at 12pm on-site.

Situated in the heart of one of Boroondara's thriving and highly sought after retail strips and located on the busy intersection of Belmore Road and Union Road, this property comprises a single level strata retail premises and presents a fantastic opportunity for an investor to secure a retail shop fronting Belmore Road, Balwyn.

This property is located within a thriving Village shopping precinct surrounded by nationally recognised retailers including Coles Supermarket, Australia Post, Guardian Pharmacy and Tattslotto Newsagency. The property also benefits from exceptional street exposure and offers an abundance of both car and pedestrian traffic.

This type of opportunity does not come up often, so be sure to secure this prized investment!

Property Details;

-Total Building area 30m2 approx.
-Kitchenette
-Air-conditioned
-Rear Access
-Excellent Exposure
-Easy Access to Eastern Freeway
-Ample customer parking
-Commercial 1 Zone (C1Z)

Tenancy Details;

-Leased to Cmall Pty Ltd
-Currently Returning $22,200 p/a + GST + Outgoings
-Three (3) Year Lease Commenced February 2017
-One (1) further term of three (3) years
-CPI Annual Increases
-Security Bond of $6,105.00

Auction Thursday 12th October 2017 @ 12.00pm – onsite

10% Deposit, balance of monies 30/60/90 days thereafter

George Kelepouris 0425 798 677
Theo Karkanis 0431 391 035