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Sold on 10 May 2024 - Price Unavailable

536 Whitehorse Road
Mitcham VIC 3132

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 358m2
Land area: 233m2
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Property Details for 536 Whitehorse Rd, Mitcham

Building Type
Commercial
Floor Size
358m2
Land Size
233m2
Local Government
Whitehorse
Lot/Plan
1/TP592675

Last Listing description (May 2024)

RWC Diston Asset Services proudly presents this rare opportunity for an astute investor to purchase a prized investment with "Wilby's Compounding Pharmacy" as your tenant.

Pharmaceutical investments of this calibre are few and far between with a quality tenant fitout including retail trade area, laboratory and extensive level 1 offices.

The property features:

• Land area | 233sqm approximately
• Building area | 358sqm approximately
• Rental return | $84,800 pa net
• Lease term | Three (3) years
• Options through to 2031
• CPI reviews | Annually
• Zoning | Commercial 1
• Prime exposure and street parking
• Rear laneway access and secure car parking

Outstanding central location with service lane fronting Whitehorse Road as well as Mitcham Road intersection with excellent exposure and high volume foot traffic.
Mitcham train station and bus services are at the door step.

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Property History for 536 Whitehorse Rd, Mitcham, VIC 3132

A timeline of how this property has performed in the market
Last Sold
10 May 2024
Listed for Rent
$747/w
15 Aug 2019
  • 10 May 2024
    Sold
  • 19 Mar 2024
    Listed for Sale For Sale
  • 18 Feb 2019
    Listed for Rent - Price not available
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About Mitcham 3132

The size of Mitcham is approximately 6.6 square kilometres. It has 23 parks covering nearly 10.8% of total area. The population of Mitcham in 2011 was 14,812 people. By 2016 the population was 16,136 showing a population growth of 8.9% in the area during that time. The predominant age group in Mitcham is 30-39 years. Households in Mitcham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitcham work in a professional occupation. In 2011, 73.1% of the homes in Mitcham were owner-occupied compared with 69.8% in 2016.

Mitcham has 9,236 properties.

    There are currently 26 properties listed for sale, and 6 properties listed for rent in Mitcham on OnTheHouse. According to CoreLogic's data, 371 properties were sold in the past 12 months in Mitcham.

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    Contact agent
    Brett Diston
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    Call agent
    Ray White Commercial Diston Asset Services
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