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339 Mitcham Rd 1,108 SF Office Condo Unit Offered at $510,310 in Mitcham, VIC 3132
Investment Highlights
- Ground-floor suites designed for medical, allied health, and professional services
- Within walking distance of Mitcham Train Station, providing strong public transport connectivity.
- Includes internal amenities such as kitchenette facilities and air conditioning.
- Positioned close to Whitehorse Road, EastLink, and major retail destinations such as Brand Smart and Eastland Shopping Centre.
- Surrounding area comprises a mix of commercial, healthcare, and retail uses.
Property Facts
| Total Building Size | 79,416 SF | Floors | 5 |
| Property Type | Office (Condo) | Typical Floor Size | 15,888 SF |
| Property Subtype | Medical | Lot Size | 0.04 AC |
| Building Class | C |
| Total Building Size | 79,416 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | C |
| Floors | 5 |
| Typical Floor Size | 15,888 SF |
| Lot Size | 0.04 AC |
Amenities
- Air Conditioning
1 Unit Available
Unit 2
| Unit Size | 1,108 SF | Condo Use | Office |
| Price | $510,310 | Sale Type | Investment |
| Price Per SF | $460.57 |
| Unit Size | 1,108 SF |
| Price | $510,310 |
| Price Per SF | $460.57 |
| Condo Use | Office |
| Sale Type | Investment |
Description
The property is a ground-floor commercial suite located in Mitcham, Victoria, with an approximate building area of 103 sqm. The suite includes a modern fit-out with air-conditioned interiors, a kitchenette, and a waiting area. Two undercover car spaces are allocated to the property. The space is designed for medical or allied health use and is currently occupied by a tenant providing a range of healthcare services.
Sale Notes
This ground-floor commercial suite offers a secure investment opportunity in Mitcham. The property comprises approximately 103 sqm of internal area and includes a modern fit-out with a waiting area, kitchenette, and air conditioning. Two undercover car spaces are provided.
The property is leased to an allied health services business under a three-year lease with options, generating an annual rental income of $46,800 plus GST and outgoings. The lease includes fixed annual increases of 4%, with the next scheduled increase in May 2026 raising the rent to $48,672 plus GST and outgoings. The investment reflects an approximate return of 6.3%.
The tenancy consists of multiple healthcare practitioners, including a GP, psychiatrist, physiotherapist, psychologist, social worker, counsellor, and disability support worker, providing a diverse and stable income stream.
Waiting area
Office Space
Office Space
Office Space
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339 Mitcham Rd
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