Retail for Sale

835 Mount Dandenong Road Montrose, VIC 3765

CONTACT AGENTFloorplan

Building: 220m²
Land: 990m²

Contact the agent if you'd like further information.

Enquire with Agent

Retail for Sale in Montrose

Thriving Restaurant Investment in High-Traffic Location

Building: 220m²
Land: 990m²

Next Steps:

Enquire with agent

Additional Information:

Floorplan

Ray White Commercial proudly presents an exceptional investment opportunity at 835 Mount Dandenong Road.

This property offers immediate income and a strong foundation for your investment:
Thriving Restaurant with Loyal Clientele: A well-established Chinese restaurant with over 20 years of history operates on the premises, attracting a steady customer base.

Secure Income Stream: The secure lease generates a stable annual income of $52,000, and it was recently renewed (for three years starting July 1, 2024, with a three-year renewal option).
Prime Location for Success: The property enjoys high visibility due to its prominent location on the main road, ensuring excellent customer traffic and convenient access. Ample on-site parking (up to 25 spaces) adds to the convenience factor.

Turnkey Investment: A well-maintained property with an established, profitable business already in operation-minimizing upfront costs and enabling immediate income generation.
Strategic Investment: The location near public transport, quality schools, and within an hour's reach of Melbourne CBD ensures a steady flow of potential customers and employees.

High-Level Features:

Building Size: 220 sqm
Significant Land Holding: 900 sqm
New Lease - $52,000 pa net - 3% annual Reviews
Heating & Cooling
3 years Starting 01/07/2024 - Option - 1 option of 3 years

For further information and to schedule a private inspection, please contact:
Ryan Trickey 0400 380 438
Will Jonas 0422 883 011

*All areas and figures approx only. All boundaries are indicative only. All precautions have been taken to establish the accuracy of all information, but they do not constitute any representation by the Vendor or Agents.

Building:

220m²

Land:

990m² / 0.24 acres

Tenancy:

Tenanted

Categories:

Retail, Medical/Consulting, Offices

Next Steps:

Enquire with agent

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Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply