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Investment Highlights

  • Price drop – motivated vendor ready to sell.
  • Reliable tenant in place delivering strong ROI.
  • Vendor will also sell the business for a complete turnkey solution.
  • Approx. 97 m² retail shop in a high-traffic location.
  • Positioned on a main road for maximum exposure and accessibility.
  • Ideal for investors or owner-occupiers seeking a strategic commercial location.

Executive Summary

198 Lower Dandenong Road, Mordialloc is a retail property offering strong investment fundamentals, including a secure lease, high-exposure location, and flexible usage potential. Its position on a major arterial road enhances visibility and long-term value.

Property Facts

Total Building Size 2,691 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Residential
Building Class C
Floors 1
Typical Floor Size 1,830 SF
Lot Size 0.05 AC

Amenities

  • Signage

1 Unit Available

Unit Size 1,044 SF
Condo Use Retail
Sale Type Investment
APN/Parcel ID 1\PS501623
Sale Notes

An outstanding opportunity to secure a prime retail property in a high-exposure location on bustling Lower Dandenong Road, Mordialloc. This 97 m²* retail shop offers exceptional visibility and accessibility, making it an ideal investment for those seeking strong returns and long-term growth potential.

Currently leased to a reliable tenant, this property provides immediate income and a fantastic ROI. The motivated vendor has instructed a price reduction and is open to all reasonable offers, creating a rare chance to acquire a quality commercial asset in a tightly held market.

The property’s strategic position on a major thoroughfare ensures consistent foot and vehicle traffic, while its flexible layout suits a wide range of retail or service-based businesses. For those looking to operate their own business, the vendor is also offering the existing business for sale, providing a turnkey opportunity.

  • Listing ID: 40066592

  • Date on Market: 4/8/2026

  • Last Updated:

  • Address: 198 Lower Dandenong Rd, Mordialloc, VIC 3195

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