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Investment Highlights

  • Double-storey freehold with flexible retail plus residential configuration.
  • Inclusive of existing cool room infrastructure, enhancing operational potential.
  • Excellent public transport access and connectivity to key arterial roads.
  • Prominent Whitehorse Road frontage with rear laneway and parking access.
  • Positioned within a popular retail strip surrounded by major brand retailers.
  • Offered with vacant possession for immediate occupation or tenanting options.

Executive Summary

Allard Shelton presents this rare freehold opportunity in the tightly held Balwyn Village retail precinct, only 10 km east of Melbourne’s CBD. This two-level commercial asset offers both retail and residential use, featuring a versatile ground floor retail space complemented by a one-bedroom apartment with separate access on the first floor.
The property combines exceptional visibility along Whitehorse Road with rear laneway entrance and convenient adjoining public car parking. Key infrastructure such as an existing cool room enhances functionality for future occupants. Surrounded by leading retailers including Laurent Bakery, Woolworths, Dan Murphy’s, and Chemist Warehouse, the location ensures consistent foot traffic and excellent connectivity.
Supported by Melbourne’s established eastern suburbs demographic, and served by extensive bus and tram networks, the property provides swift access to major arterial roads such as Burke Road, Canterbury Road, and Belmore Road. This freehold asset will appeal to owner-occupiers, investors, and value-add buyers seeking a proven address with enduring retail demand. Offered with vacant possession, it represents an outstanding infill opportunity in one of Melbourne’s most desirable suburban retail corridors.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Auction Sale
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,153 SF
Building Class
C
Tenancy
Single
Building Height
1 Story
Building FAR
0.83
Lot Size
0.06 AC
Frontage
17’ on State Route 34

Amenities

  • Signage
  • Listing ID: 40325315

  • Date on Market: 4/28/2026

  • Last Updated:

  • Address: 419 Whitehorse Rd, Balwyn, VIC 3103

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