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121 Koornang Rd 2,131 SF Retail Building Carnegie, VIC 3163 For Sale
Investment Highlights
- Fully leased two-level hospitality property with quality, modern fit-out
- Comprehensive hospitality infrastructure including cool room, grease trap, and reverse-cycle air-conditioning
- Prime location just 250 meters from Carnegie Railway Station and close to Chadstone Shopping Centre
- Excellent exposure within a high-growth precinct supported by ongoing residential development
Executive Summary
Secure a strong, income-producing investment in one of Carnegie’s most dynamic retail strips. This two-story hospitality venue, currently occupied by the highly regarded La Cabra restaurant, combines quality construction, a recent refurbishment, and a long-term lease to an experienced operator. With a 5-year lease already in place, options extending tenancy to 2039, and fixed annual rental increases of 4%, this property ensures reliable income and long-term capital growth potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,131 SF
Building Class
C
Tenancy
Single
Building Height
1 Story
Building FAR
0.76
Lot Size
0.06 AC
Amenities
- Courtyard
- Restaurant
- Signage
- Accent Lighting
- Storage Space
- Air Conditioning
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Photos
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Presented by
DBRE Pty Ltd
121 Koornang Rd
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