Think Doncaster, think Westfield. Which are exactly what thousands of people do every single day, as they drive, catch a bus, or walk straight past this strata retail/medical suite sitting opposite the centre. That’s built-in exposure to 31,000 cars daily** you don’t have to buy. The current tenant has turned the 165 sqm* of ground-floor indoor/outdoor space into a modern maternity health hub, tapping into a sector that’s booming with demand. They’re on a 5-year lease since September 2022 with the option to extend by another five years and securely deposit $89,123.84 gross per annum (approx. $76,500 net per annum) straight into your pocket. With 3% annual increases, a quality tenant, and consistent capital growth in the neighbourhood, it’s the kind of long-term, low-maintenance income you’ll remember as a smart decision for years to come. Medical today, beauty therapy tomorrow, accounting office down the track: the retail suite itself has the flexibility to adapt as the market evolves. And with shared amenities, on-site car parking, and 210 apartments directly above, you’ve got a captive audience on the doorstep, plus the pull of one of Melbourne’s busiest retail destinations across the road.
- 165 sqm* total area, including 38 sqm* private outdoor space
- Activity Centre Zoning
- High Exposure Site
- Currently leased available on Request
- Returning $89,123.84 p.a. in gross income (approx. $76,500 p.a. net)
- Suit circa 5%- 6% yield buyers
- 2 secure car spaces on site
- Directly opposite Westfield Doncaster, attracting over 15.7 million*** visitors per year
- Frontage onto Doncaster Rd & Tram Rd junction and over 11 million** cars per year
- 400m from Eastern Freeway – Multiple entry and exit points
- 13.7 km* to the CBD
- Minutes to Box Hill Train Station & Box Hill Central
**** NO GST Applicable – Ongoing Concern