253A Belmore Road, Balwyn North
Prime Belmore Heights hospitality, retail opportunity
In the popular Belmore Heights Shopping Centre, surrounded by a great mix of retail businesses, offices and cafés, this street-facing shopfront property is a fantastic investment opportunity. While also offering potential, both inside and out, to update and reinvent or simply lease as is (STCA)
Facing directly onto Belmore Road, in a thriving strip, the property is very close to all of the area’s major lifestyle attractions and amenities. Including the Balwyn Leisure Centre, Boroondara Sports Complex, Gordon Barnard Reserve, many schools, Whitehorse Road and freeways.
Property features:
- Currently operating as café, catering business
- Presently leased 37,227 pa
- 3-year lease from 3rd September 2021
- 5% annual increases
- Prime floor area 80 sqm
- Land Size 185 sqm
- 3 Year option
- Space for commercial grade kitchen
- Suitable for variety of uses (STCA)
- Large rear yard with access & potential
- High exposure, ample on street parking
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$3,078
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