497 Whitehorse Road, Balwyn Now Home to Gastroenterologists' Practice

By Gerry Gleeson May 27, 2020

497 Whitehorse Road, Balwyn_Leased_1

I thought you might like to know we have recently leased 497 Whitehorse Road, Balwyn.

This prime corner location on busy Whitehorse Road, which housed a local Medical Practitioner for over 30 years and then a holistic medical practice for three years, is once again being put to a medical use.

Two specialist Gastroenterologists, previously based in the Box Hill Hospital, are setting up their private practice in the property on a 3 year lease with options at a commencing rental of $75,000 net per annum.

The lease is over the 245sqm premises which is fitted out for medical consultation and treatment.

Given the current Covid-19 related restrictions on social contact and the impact that they have on this type of business, the Landlord has granted an incentive of six months rent free.

GK’s specialist Retail Sales & Leasing team are proud to have achieved an outcome for our client during a challenging time for business and the economy. Please feel free to contact me to discuss how GK could assist you with your property management, sales or leasing needs.

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Gerry Gleeson

Written by Gerry Gleeson

After a successful career as a stockbroking analyst and manager of a private investment business, a long time fascination with property and a desire to try something new led Gerry into the property management sector.

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