Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
447-449 Whitehorse Road
Offered for the first time in over 40 years, this exceptional investment opportunity features an established petrol station with a tenancy in place, alongside a separate mechanic workshop also leased, collectively generating an annual return exceeding $84,000 across the entire site.
This property presents significant potential for expansion and enhancement, allowing the new owner to increase the asset's value substantially. The existing infrastructure and tenant arrangements provide a solid foundation for continued income and growth.
Key terms include a 10% deposit and a settlement period of up to 12 months, offering flexibility for prospective buyers to arrange their finances and complete the purchase process smoothly.
This rare offering combines steady income with development possibilities, making it an attractive prospect for investors seeking a long-term asset in a well-established location.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Mitcham VIC 3132
Market Insights for Mitcham VIC 3132
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
