THE GOLD STANDARD ON THE GOLDEN MILE

Overview

Description

For sale via Expressions of Interest closing Thursday 10th December 2026 at 3:00 pm.

POINT OF INTEREST:

If one income stream is reassuring, five starts to feel considerably more golden. Offered as one substantial holding, 331–339 Whitehorse Road brings five adjoining, fully leased retail/showroom investments together across 3,500 sqm* of Commercial 2-zoned land, approximately 2,300 sqm* of building area and a commanding 82 m* of frontage to Nunawading’s Golden Mile. Established tenants Chiropedic Bedding, AMX Superstores, Carpet Court, Clark Rubber and Choices Flooring currently return approximately $769,363.52 p.a.* + GST, spreading the income across five separate tenancies rather than one very large basket of eggs. Each property carries its own signage presence and approximately 3–4 customer car spaces out front, while the consolidated landholding gives investors genuine scale and longer-term flexibility in one of Melbourne’s best-known large-format retail precincts. Opposite Tesla, Revo Fitness, Gainsville Furniture and Bedshed, and surrounded by names including Bunnings, Harvey Norman, JB Hi-Fi and The Good Guys, Quick Service Restaurants Mc Donalds & KFC, the address already sits inside a well-established shopping habit. Nunawading railway station is approximately 300 m* away and the Eastern Freeway is 1.6 km*.

- Offered for the first time in more than 50 years.
- Five adjoining fully leased retail properties.
- 2,300 sqm* total combined building area.
- 3,500 sqm* total combined land area.
- Commercial 2 zoning.
- 82 m* of frontage to Whitehorse Road.
- Combined current rental of $769,363.52 p.a.* + GST.
- Fully leased to established tenants including Chiropedic Bedding, AMX Superstores, Carpet Court, Clark Rubber and Choices Flooring.
- 300 m* to Nunawading railway station.
- 1.6 km* to the Eastern Freeway.

POINT OF VIEW:

You could wait years to assemble five neighbouring Golden Mile properties. Or buy the row while it’s already paying rent.

*Approx.
Pricing excludes GST