1056 Dandenong Rd 5,177 SF Retail Condo Unit in Carnegie, VIC 3163

Ground-floor retail opportunity comprising 481 m² with expansive main road frontage in a mixed-use development. Features include a premium hospitality-grade interior with high-quality built-in fittings, extensive glazing for maximum visibility, and on-site parking provisions. Surrounded by high-density residential and commercial uses, the location ensures constant exposure and strong trade potential.

This premier investment opportunity occupies a highly visible position along Dandenong Road, benefiting from approximately 60,000 vehicles passing daily. Strategically located within the recently completed '1060' mixed-use development by MRCB Land, the property leverages high pedestrian and vehicular traffic in one of Melbourne’s most active urban precincts.
Anchored by Panda Hot Pot, a globally acclaimed restaurant brand operating over 400 international locations, this asset guarantees long-term stability with a reputable tenant in place. The premises comprises approximately 481 m² of ground-floor retail space featuring a world-class hospitality fit-out included as part of the landlord’s fixtures and fittings, ensuring enduring value for investors.
The asset offers nine dedicated car spaces and immediate proximity to major amenities, including Koornang Road retail strip, Carnegie Station, and Chadstone Shopping Centre. With its prime frontage on a major arterial, strong tenant covenant, and exceptional location, this property stands as an outstanding addition to any institutional or private investment portfolio.