Sold
100% Leased Corner Freehold Commercial Building in Growth Precinct with Value-add
666 Whitehorse Road, Mitcham VIC

Stonebridge Property Group is pleased to present 666 Whitehorse Road, Mitcham offered for sale via Public On-site Auction.

666 Whitehorse Road is a 100% leased corner freehold office/ showroom/warehouse in the Mitcham growth precinct.

The key highlights of the property include:

  • 100% leased to a highly experienced steel fabrication company – ‘Ormand Steel Pty Ltd’, which commenced on 20th May 2023 with 1 x 2-year option
  • Annual rent of $76,000* per annum + GST with fixed annual rental increase of 3%
  • Commercial 2 zoned 1,324 sqm* corner landholding providing for a range of future extension and/or potential development options (STCA)
  • Existing improvements of 407 sqm* building comprise well-presented office/showroom with large windows, rear warehouse featuring roller door access, and 2 large car parks accommodating 13 cars
  • Expansive street presence with a combined frontage of 73 m* to Whitehorse Road and Monomeeth Drive, allowing for significant development efficiencies and/or retail activation
  • Various surplus land may allow lightweight construction of an extension and/or additional building (STCA)
  • Positioned to benefit from the amenity in Mitcham and neighbouring retail precinct only a short distance to Mitcham Badminton (500 m*), Antonio Park Playground (350 m*), Mitcham Train Station (1 km*), Mitcham Shopping Centre (1.1 km*), and Eastland Shopping Centre (2.5 km*)
  • Strategically connected to Mitcham’s neighbours via major arterial roads including Maroondah Highway/Whitehorse Road and Eastlink (Toll Road), and accessible bus stops within walking distance (50 m*) 

 

666 Whitehorse Road provides an opportunity to purchase a secure large corner office/showroom/warehouse with upside potential in an exponential growth precinct.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

* Approximately 

Listing Map