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107 Main Rd 2,799 SF 100% Leased Retail Building Lower Plenty, VIC 3093 $868,440 ($310.31/SF) 5.40% Cap Rate

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Investment Highlights

Prominent positioning along Main Road with dual access and excellent exposure.
Adjoining council car park with additional private parking and garage access.

Integrated retail and residential configuration providing mixed-use flexibility.
Consistent passing traffic and walkability within a strong local catchment.

Executive Summary

An attractive opportunity to acquire a versatile retail and residential freehold in a thriving suburban strip of Lower Plenty. Positioned prominently on Main Road and intersecting with Para Road, this high-exposure location generates consistent passing traffic flow and ensures maximum visibility. The property comprises an established ground-floor retail premise coupled with a first-floor residential component, offering flexible accommodation options for occupiers or future tenants.
The site is supported by Commercial 1 Zoning and is surrounded by nationally recognized retailers and essential services such as Aldi, Chemist Warehouse, Bottlemart, Subway, Domino’s, and more. Additionally, the adjoining council car park and on-site parking enhance accessibility for customers and residents alike.
Public transport links are convenient, with several bus stops within a short walk, while arterial routes including Para Road provide straightforward access to surrounding suburbs and Melbourne’s northeast. This property represents a rare opportunity for investors seeking a secure, income-generating asset with a strong rental history, or for owner-occupiers desiring a mixed-use hub in a tightly held precinct.