475 Whitehorse Rd & 3 Enterprise Way, Mitcham, Vic 3132

Gorman Commercial is pleased to offer 475 Whitehorse Road & 3 Enterprise Way, Mitcham for sale by Public Auction on Friday, 29th August at 12pm

This substantial high-profile building has two freshly leased tenancies in place each with options for further extensions.

475 Whitehorse is currently leased until 2030 and Enterprise Way until 2028. They each have excellent street frontages with 475 facing directly to Whitehorse Road and 3 Enterprise Way to the multi-level carpark adjoining the future, brand new "fresh" Woolworths (opening in late 2025).

Key Features Include:

* Combined Income: $105,217 pa + GST + outgoings
* Land area: 274 sqm approx.
(including a frontage in excess of 5.8 metres to Whitehorse Road)
* Total Building area: 310 sqm approx.
* Zoning: Commercial 1 Zone
* Future options to extend the lease terms

Facing busy Whitehorse Road, (and Enterprise Way) this outstanding investment opportunity is strategically located at the entrance to the popular Mitcham Shopping centre.

High profile national retailers in close proximity including, the soon to be opened Woolworths, Pet Stock, Drummond Golf, Anytime Fitness and Fernwood Gym, along with a range of professional, health and other services, including the famous Mitcham Hotel (on the corner of Mitcham Road).

The property is in close proximity to the Mitcham Train Station and bus interchange, Maroondah Highway, Eastlink and the Eastern Freeway.

This is really the gateway to the East.