Property Type
Retail
Retail
Building Area
116m2
116m2
Zoning
Commercial 1
Commercial 1
Entry Level Investment in Tightly Held Location
Fitzroys is delighted to offer Ground Floor/147 Bulleen Road, Balwyn North for Public Auction on Friday 10th November at 12pm.
Key attributes of the offering include:
- Ground floor retail/ office premises of 116sqm* with rear access.
- Secure lease returning $36,135* per annum (as of February 2024).
- All usual outgoings payable by the Tenant
- Leased to long standing tenant ‘Numbers Works’n Words’ - One of 34 tutoring centres across Australia.
- Within a tightly held retail strip that is anchored by Tatin Pastries, Hellenico Deli, Sessions Liquor, Via Condotti, Bar Sur Loup and Hahndorf’s Fine Chocolates within the busy strip.
- Thousands of cars passing everyday given the close proximity to the Eastern Freeway Bulleen Road exit.
- Major recent council landscaping works further enhancing this popular strip
- Entry level investment in highly desired residential location. REA statistics show $2,385,300* as the median house price within Balwyn North (September 2023).
For further information or an inspection, please contact Fitzroys selling agents, Shane Mills or Chris James.
*approx.
Consultant
Shane Mills
M: 0428 819 226
E: millss@fitzroys.com.au
Chris James
M: 0421 779 714
E: jamesc@fitzroys.com.au
Property Type
Retail
Retail
Building Area
116m2
116m2
Zoning
Commercial 1
Commercial 1