Corner Balwyn Medical Investment |Future Occupation/Development Potential

Marshall White & Fitzroys are delighted to offer 481 Whitehorse Road, Balwyn for sale via Public Auction on Thursday 29th August at 11am on-site

Features of this outstanding corner site include:

  • High-profile corner site of 843sqm approx.
  • Combined 56m approx. frontage to Whitehorse Road & Brenbeal Street
  • Potential to re develop this prime corner site for apartments/commercial (STCA)
  • Leased to long standing tenant ‘Advara HeartCare’ until Dec 2026
  • Returning $160,800 + GST
  • Well-presented medical building of 232sqm approx. featuring 4 practice rooms, reception, office and staff amenities
  • On-site parking for 12 vehicles
  • Premium corner gateway site in Balwyn’s coveted Whitehorse road lifestyle precinct
  • Positioned midway between the desirable Balwyn and Union Road shopping strips, cafes and restaurants; close to an array of Melbourne’s finest private schools and just moments from Balwyn or Chatham Primary schools and parklands
  • Balwyn High School Zoning
  • 109 Tram on the doorstep, taking you to Melbourne CBD / Box Hill CBD
  • Flexible lease arrangement provides ability to invest, occupy or redevelop in the near future
  • General Residential Zoning (GRZ4)

Conjunctional Agent | Chris James | Fitzroys | 0421 779 714

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Appraisal Type

Welcome to Balwyn 3103

  • Median House Price

    $2,884,500

  • 3 Bedrooms

    $2,407,500

  • 4 Bedrooms

    $3,018,750

  • 5 Bedrooms+

    $3,528,000

Balwyn, located about 10 kilometres east of Melbourne's CBD, is a suburb within the City of Boroondara known for its picturesque streets, grand Edwardian and Georgian homes, and high-quality lifestyle.

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