383 Whitehorse Road, Balwyn

Intergenerational Investment

Supermarket Investment
Leased to 2033
(Plus Options)
3 Street Frontages, Over 4,700 SQM of Land
Important Notice - The auction of this property will take place at Leonda By The Yarra, 2 Wallen Rd, Hawthorn at 1.00PM on Friday 12 November

Vinci Carbone is privileged to be able to offer for sale this magnificent, truly intergenerational, investment freehold, Woolworths Supermarket, 383 Whitehorse Road (Corner Mangan Street), Balwyn, first time offered for sale in 28 years.

The property comprises a freestanding supermarket situated on a large land holding leased to one of Australia’s most successful retailers, Woolworths Limited - being Australia’s largest supermarket chain and Australia’s largest company by revenue.

This magnificent property has many features including:


Woolworths Limited, an exceptionally strong lease covenant, Australia’s largest company by revenue


12 years remaining on the current term plus options

Net Income

$1,365,677 per annum*


Prominent corner position within very strong, tightly held retail centre

Land Holding

Over 4,700 sqm of Commercial 1 zoned land with three (3) frontages, Whitehorse Road, Mangan Street and Yerrin Street


Situated in one of Victoria’s most exclusive and affluent suburbs

Car Parking

Provided via open air and undercroft for 87 cars and adjoins a council carpark providing a further 67 car spaces


Potential depreciation benefits

Woolworths and surroundings geographical aerial shot

For more information please contact the exclusive selling agents:

Frank Vinci

M: 0418 375 375
E: fvinci@vincicarbone.com.au

Joseph Carbone

M: 0418 351 316
E: jcarbone@vincicarbone.com.au