Outstanding Two Level Office Building

602 whitehorse road, mitcham vic

Price on Request

  • Strong Rental History
  • Flexible Commercial 1 Zoning
  • Superb Development Potential

Property Details

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

Featured Details

Current Tenant Tenanted
Gross Building Area 4272 sqm
Land Size 2,480 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC001953

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E reception@burgessrawson.com.au

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