Outstanding Two Level Office Building
602 Whitehorse Road , Mitcham VIC
Property Highlights
Description
Immaculate and meticulously maintained two level retail/office building comprising an NLA of 4,272 sqm
13 individual suites separately titled to be sold in one line
Substantial 2,480 sqm site offering significant exposure with 61.9 metre frontage to Whitehorse Rd – 39,000 vehicles passing daily
Quality mix of high profile national tenants including anchor tenant Fernwood 11 year lease to 2027 plus options, and quality service & hospitality providers including local MP
Strong track rental history with several tenants in tenure for over 20 years
Fixed 3-4% increases for 50% of tenants assuring rental growth
Commercial 1 zoning offering attractive redevelopment options (STCA)
Secure 71 basement car parks
Close to all forms of amenities and public transport – Mitcham Railway Station 300 metres
Mitcham: highly sought after eastern suburb offering ideal access to both the city and Dandenong Ranges, median house value of $1,041,000
Rent: $920,461 pa (approx)
For Sale by EOI Closing 4pm Thursday 17 May 2018
Agent Details
Jamie Perlinger
0413 860 315
jperlinger@burgessrawson.com.au
Property Details