Market Updates

October 13, 2015

Seaview Potential

336 Balcombe Road, Beaumaris
AUCTION Thursday 29th October at 12 noon on site

NICHOLS CROWDER (9559 3888) is offering a single level shop with upside located at 336 Balcombe Rd, Beaumaris for sale by public Auction on Thursday 29th October at 12 noon on site.

Situated in the heart of the popular Seaview Village shopping strip and with rear lane way access, the site comprises a land area of 223m2 and is zoned Commercial 1.     Featuring a single level shop covering much of the site, the property is ideal for investors, owner occupiers or developers

336 Balcombe Road has been tenanted by the local newsagency for over 50 years and is now on a monthly tenancy arrangement.  This long standing tenant is paying a rental of around $3,800 per month and is open to the possibility of staying on longer.  

As is evidenced by the surrounding properties, this site would be well suited to re-development or investment.  Seaview Shopping Village is incredibly popular and services the local residential area of Beaumaris.

According to Nichols Crowder selling agent James Glen, “It is not often a shop in Seaview Village comes up for sale and the fact that the tenant is on a monthly arrangement has allowed us to market the property to all buyer types offering greater flexibility to the purchaser”

For all enquiries

James Glen
Senior Sales Executive
Nichols Crowder
358 South Road
Moorabbin VIC 3186
03 9559 3888