309 WHITEHORSE ROAD, Balwyn, Vic 3103

Hewett Commercial and Commercial Bureau are excited to be offering you this grand shop & dwelling in the heart of Balwyn. 309 Whitehorse Road commands a wide frontage, large commercial block of land, large residence with separate access, and impressive retail or commercial premises.

The location is renowned for its high-quality schools, thriving retail precinct and plentiful parks & recreational areas. Balwyn is long associated with strong property values, boasting values some 250% higher than the Melbourne metro median house price. Source REIV, Q3 2026 Market Insights. Surrounding well known and iconic retailers include: Woolworths, Discovery Bay Childcare and Early Learning Centre, Chemist Warehouse, Commonwealth Bank, Stranger Café, KFC, Regan Peugeot, and the planned Coles supermarket towards Deepdene.

Upstairs, the spacious 2-bedroom apartment has separate access from both front and back as well as from the retail section if required. The car parking onsite and sweeping northerly views from the elevated courtyard make this an outstanding home for you or a tenant. The residence also contains a large laundry room, enclosed sunroom/study, 2 main bedrooms with ensuites, office/bedroom, and large north facing balcony.

Key features include:
+ Land area 343 sqm (approx.)
+ Building area 482 sqm (approx.)
+ Zoning Commercial 1 (C1Z)
+ Large retail shop of 260 sqm (approx)
+ 2b 3b 2c Residence of 130 sqm (approx)
+ Suits a range of uses (STCA)
+ Garaged car parking onsite
+ Spacious 3-bedroom apartment with dual access
+ Ample storage and chair lift
+ Outstanding views of Balwyn Park and the distance hills to the north and east
+ Within the thriving Whitehorse Road retail precinct
+ Close to tram and bus services
+ Work, Live, Invest, Develop (STCA)
+ Available now, call for a private inspection

Current outgoings estimate
Council Rates 3,958
Emergency Services Fund 2,743
Water Rates 1,342
Land Tax 6,000 single holding basis

Purchasing this property presents a unique opportunity to live & work onsite, or run your business below & rent the apartment upstairs, or diversify the property investment with separate commercial & residential tenants.

The property will be sold by expressions of interest closing Wednesday 25th November at 3pm. We invite you to register your details now for more information or to arrange a private inspection.

Please do not hesitate to contact Andrew or Gideon with any queries.