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158 Koornang Rd 1,938 SF Retail Building Carnegie, VIC 3163 For Sale
Investment Highlights
- Dual income from ground-floor retail and separate upstairs apartment
- High-exposure Koornang Road frontage in a rapidly developing retail and residential hub
- Located just 350 meters from Carnegie Train Station and near major thoroughfares
- Within close proximity to Chadstone Shopping Centre and other key lifestyle amenities
Executive Summary
158 Koornang Road presents a rare opportunity to secure a high-performing investment property in the heart of Carnegie’s thriving retail and lifestyle precinct. Positioned just 350 meters from Carnegie Station and minutes from Chadstone Shopping Centre, this two-level freehold asset combines strong exposure on Koornang Road with consistent income from established tenancies.
The property comprises a ground-floor café/takeaway tenancy featuring a functional hospitality fit-out, including a cool room, 2800L grease trap, and reverse-cycle air-conditioning, offering secure returns under a five-year lease term commencing October 2025 with an option to extend.
The property comprises a ground-floor café/takeaway tenancy featuring a functional hospitality fit-out, including a cool room, 2800L grease trap, and reverse-cycle air-conditioning, offering secure returns under a five-year lease term commencing October 2025 with an option to extend.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,938 SF
Building Class
C
Tenancy
Single
Building Height
2 Stories
Building FAR
0.75
Lot Size
0.06 AC
Amenities
- Corner Lot
- Signage
- Storage Space
- Air Conditioning
- Smoke Detector
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Presented by
DBRE Pty Ltd
158 Koornang Rd
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