Gross Waddell ICR is pleased to offer 547 Whitehorse Road, Mitcham, for sale via Public Auction on Wednesday 5th August at 12pm.

The property benefits from expansive frontage to Whitehorse Road, delivering exceptional exposure to one of Melbourne’s busiest eastern arterial roads.

The short-term lease profile provides immediate holding income, while allowing future flexibility to occupy, reposition or further enhance the asset.

Investment Highlights
• Prime freehold title with flexible showroom, retail or commercial use potential
• Substantial 450 sqm* landholding
• Versatile 460 sqm* building area
• Secure short-term lease expiring 31 July 2027
• Significant income profile with a net income of $127,917* p.a.
• Wide frontage with exceptional exposure to Whitehorse Road
• Future owner-occupier opportunity
• Excellent onsite access and parking
• Strategic location within the thriving Mitcham commercial precinct
• Immediate access to Mitcham Railway Station, Eastlink and the Eastern Freeway
• Strong long-term land value and future repositioning potential (STCA)

Positioned within Mitcham’s tightly held commercial precinct, 547 Whitehorse Road offers secure short-term income and future flexibility, making it an ideal opportunity for investors, owner-occupiers and value-add purchasers seeking a high-profile freehold asset.

*Approx.

For further details or to arrange an inspection, please contact the exclusive marketing agents at Gross Waddell ICR.