245 Belmore Rd 4,855 SF 100% Leased Retail Building Balwyn North, VIC 3104 $1,845,435 ($380.15/SF) 4.31% Cap Rate

Located in the heart of Balwyn North’s retail corridor, 245 Belmore Road offers a newly rebuilt ground-floor retail premises that blends visibility, accessibility, and design flexibility. Featuring approximately 161 m² of modern retail space, this property provides an inviting street-front presence ideal for a diverse range of businesses such as specialty retail, health and wellness, boutique fitness, or hospitality ventures.
The interior has been designed for versatility, featuring an open-plan layout complemented by ducted heating and air conditioning, tiled flooring, LED lighting, and built-in amenities for staff convenience. Functional areas include a dedicated staff room, an office/storage compartment, and unisex and disabled powder rooms, ensuring compliance and functionality. With direct customer parking access, the property enhances customer experience and operational ease.
Surrounded by an affluent residential catchment and well-regarded education zones, the location benefits from strong foot traffic and immediate access to public transport—the bus stop is at the doorstep with city tram, Whitehorse Road shopping precinct, and major arterials just minutes away. Opportunities for signage amplify street exposure and brand visibility for incoming occupiers.