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339 Mitcham Rd 1,022 SF Office Condo Unit Offered at $417,357 in Mitcham, VIC 3132
Investment Highlights
- Located near Whitehorse Road, with easy access to EastLink Freeway and Melbourne CBD.
- Surrounding area comprises a mix of commercial, healthcare, and retail uses.
- Within walking distance to Mitcham Station and close to major retail centers including Eastland and Brand Smart.
- Onsite covered parking is available for staff and customers
Executive Summary
339 Mitcham Road is a multi-level commercial building comprising strata-titled office and medical suites. The building benefits from main road exposure along Mitcham Road and is located within walking distance of Mitcham Railway Station, with close proximity to Whitehorse Road and EastLink.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 4 |
| Cap Rate | 5.89% | APN/Parcel ID | 4\PS703655 |
| Sale Type | Investment |
| Cap Rate | 5.89% |
| No. Parking Spaces | 4 |
| APN/Parcel ID | 4\PS703655 |
Description
The property at 4/339 Mitcham Road, Mitcham, comprises a commercial unit of approximately 95 sq. metres with four onsite parking spaces. It is zoned Commercial 1 and currently leased until early February 2026. The site is located near Whitehorse Road and offers access to EastLink Freeway and Melbourne CBD. It is within proximity to Eastland Shopping Centre, Brand Smart, and Mitcham Station.
Sale Notes
An outstanding investment opportunity is now available at 4/339 Mitcham Road, Mitcham. This property offers a building area of approximately 95 sq. metres and is currently leased at $35,019.96 per annum plus GST and outgoings, with the tenant vacating in early February 2026. The property includes four onsite car parking spaces and benefits from Commercial 1 zoning, providing flexibility for a range of future uses.
Positioned with street frontage in a highly accessible location, the property is close to the corner of Whitehorse Road and Mitcham Shops, ensuring strong visibility and convenience. It offers excellent connectivity to the EastLink Freeway and Melbourne CBD, while being within 5 km of Brand Smart and Eastland Shopping Centre. Mitcham Station is within walking distance, further enhancing accessibility for both staff and customers.
This property combines accessibility, parking, and proximity to key amenities, making it a compelling option for investors or owner-occupiers seeking a well-located commercial asset.
Positioned with street frontage in a highly accessible location, the property is close to the corner of Whitehorse Road and Mitcham Shops, ensuring strong visibility and convenience. It offers excellent connectivity to the EastLink Freeway and Melbourne CBD, while being within 5 km of Brand Smart and Eastland Shopping Centre. Mitcham Station is within walking distance, further enhancing accessibility for both staff and customers.
This property combines accessibility, parking, and proximity to key amenities, making it a compelling option for investors or owner-occupiers seeking a well-located commercial asset.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 4 | 1,022 SF | Office | $417,357 ($408.37/SF) | $24,564.40 |
Unit 4
| Unit Size |
| 1,022 SF |
| Condo Use |
| Office |
| Price |
| $417,357 ($408.37/SF) |
| NOI |
| $24,564.40 |
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Unit 4
| Unit Size | 1,022 SF |
| Condo Use | Office |
| Price | $417,357 ($408.37/SF) |
| NOI | $24,564.40 |
| Sale Type | Investment |
| Cap Rate | 5.89% |
| No. Parking Spaces | 4 |
| APN/Parcel ID | 4\PS703655 |
| Description | |
| The property at 4/339 Mitcham Road, Mitcham, comprises a commercial unit of approximately 95 sq. metres with four onsite parking spaces. It is zoned Commercial 1 and currently leased until early February 2026. The site is located near Whitehorse Road and offers access to EastLink Freeway and Melbourne CBD. It is within proximity to Eastland Shopping Centre, Brand Smart, and Mitcham Station.</li></ul> | |
| Sale Notes | |
| An outstanding investment opportunity is now available at 4/339 Mitcham Road, Mitcham. This property offers a building area of approximately 95 sq. metres and is currently leased at $35,019.96 per annum plus GST and outgoings, with the tenant vacating in early February 2026. The property includes four onsite car parking spaces and benefits from Commercial 1 zoning, providing flexibility for a range of future uses.<br> <br> Positioned with street frontage in a highly accessible location, the property is close to the corner of Whitehorse Road and Mitcham Shops, ensuring strong visibility and convenience. It offers excellent connectivity to the EastLink Freeway and Melbourne CBD, while being within 5 km of Brand Smart and Eastland Shopping Centre. Mitcham Station is within walking distance, further enhancing accessibility for both staff and customers.<br> <br> This property combines accessibility, parking, and proximity to key amenities, making it a compelling option for investors or owner-occupiers seeking a well-located commercial asset.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| 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 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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339 Mitcham Rd
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