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440 Whitehorse Road, Nunawading, VIC, 3131

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440 Whitehorse Road, Nunawading, VIC, 3131

440 Whitehorse Road, Nunawading, VIC, 3131

Properties / Buy / Victoria / Nunawading
Tenanted Investment

1. Property Summary

Selling Method
EOI
Selling Details
Contact Agent
Land Area
1,610 m² (*approx)
Floor Area
930 m² (*approx)
Property Type
Retail, Other
Sub-type
Large Format
Est. Income
$259,390 p/a
Fully Leased
Early Settlers
Show All

2. Property Highlights

FIRST TIME IN 50 YEARS: CORNER EARLY SETTLER INVESTMENT.

For Sale via Expression of Interest closing Thursday 28th November 2024 at 3pm

POINT OF INTEREST:

A significantly hands-off investment delivering outstanding returns, this once-in-a-generation opportunity means that Early Settlers here will reap great rewards. And with homewares spending forecasted to grow by $367.7 million by 2028, this is Nunawading’s flagship commercial offer for investors serious about long-term success.

A prime 930 sqm* building on a staggering 1,610 sqm* corner block, this high-profile investment opportunity is anchored by the nationally recognised tenant who has been trading here for over 20 years. With a rental return of $259,390.05 + GST per annum, the significance of securing this vital corner piece of Nunawading can’t be understated.

There are 15 allocated car spaces at the front and rear of the property, a golden addition considering the Whitehorse Road retail strip accumulates more than 28,000 passing vehicles daily. There’s also handy rear access for deliveries, and the commercial 2 zoning also affords plenty of future value add and development potential.

With more than 81.61 m* of frontage to Whitehorse Road and Rooks Road, it’s no surprise that the tenant settled here early, with retail giants moving in around it. From auto traders like Hyundai and Alfa Romeo to making a house a home with Amart, Harvey Norman, and The Good Guys, it’s no wonder that this pocket of Whitehorse Road is the first stop to shop.

- Leased to Early Settler for over 20 years.

- $259,390 rental income + GST.

- 930 sqm* total building area.

- 1,610 sqm* total land area.

- 81.61 m* corner frontage.

- On-site parking and rear access.

- Commercial 2 zoning.

- 1.7 km* from the Eastlink.

POINT OF VIEW:

A landmark trophy investment that continues to work hard even when it’s on the mantle. This nationally recognised tenant Settled here Early to establish the best possible position on Whitehorse Road so you can do the same with your portfolio.

*Approx.

Pricing excludes GST

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

1. Property Summary

Property Type
Retail, Other
Sub-type
Large Format
Est. Income
$259,390 p/a
Tenant
Early Settlers
Land Area
1,610 m² (*approx)
Floor Area
930 m² (*approx)
Selling Method
EOI
EOI Closing Date
28 Nov 2024 03:00PM
Selling Details
Contact Agent

2. Property Highlights

FIRST TIME IN 50 YEARS: CORNER EARLY SETTLER INVESTMENT.

For Sale via Expression of Interest closing Thursday 28th November 2024 at 3pm

POINT OF INTEREST:

A significantly hands-off investment delivering outstanding returns, this once-in-a-generation opportunity means that Early Settlers here will reap great rewards. And with homewares spending forecasted to grow by $367.7 million by 2028, this is Nunawading’s flagship commercial offer for investors serious about long-term success.

A prime 930 sqm* building on a staggering 1,610 sqm* corner block, this high-profile investment opportunity is anchored by the nationally recognised tenant who has been trading here for over 20 years. With a rental return of $259,390.05 + GST per annum, the significance of securing this vital corner piece of Nunawading can’t be understated.

There are 15 allocated car spaces at the front and rear of the property, a golden addition considering the Whitehorse Road retail strip accumulates more than 28,000 passing vehicles daily. There’s also handy rear access for deliveries, and the commercial 2 zoning also affords plenty of future value add and development potential.

With more than 81.61 m* of frontage to Whitehorse Road and Rooks Road, it’s no surprise that the tenant settled here early, with retail giants moving in around it. From auto traders like Hyundai and Alfa Romeo to making a house a home with Amart, Harvey Norman, and The Good Guys, it’s no wonder that this pocket of Whitehorse Road is the first stop to shop.

- Leased to Early Settler for over 20 years.

- $259,390 rental income + GST.

- 930 sqm* total building area.

- 1,610 sqm* total land area.

- 81.61 m* corner frontage.

- On-site parking and rear access.

- Commercial 2 zoning.

- 1.7 km* from the Eastlink.

POINT OF VIEW:

A landmark trophy investment that continues to work hard even when it’s on the mantle. This nationally recognised tenant Settled here Early to establish the best possible position on Whitehorse Road so you can do the same with your portfolio.

*Approx.

Pricing excludes GST

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

440 Whitehorse Road, Nunawading, VIC, 3131

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