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Investment Highlights

  • The property occupies a prominent corner position with dual street exposure along Station Street and Springvale Road.
  • The site benefits from a Commercial 1 Zone (C1Z), allowing for long-term flexibility and redevelopment potential subject to council approval.
  • It offers a diversified tenancy mix across hospitality, retail, and office uses, providing multiple income streams.
  • The surrounding precinct includes major national retailers and ongoing development activity, supporting strong foot traffic and future value growth.

Executive Summary

The Station Quarter represents a rare opportunity to acquire a high-profile corner freehold in Melbourne’s established eastern corridor. This property combines dual street exposure with a diversified six-tenant mix, delivering a stable income stream and long-term investment security. Positioned adjacent to Nunawading Train Station and within close proximity to the Eastern Freeway (M3), the site offers exceptional connectivity for both tenants and customers.
The property spans a landholding of approximately 485 sqm with a lettable area of 254 sqm, supported by a Commercial 1 Zone (C1Z) designation that provides flexibility for future redevelopment potential (STCA). With over 43 meters of combined street frontage, the site benefits from strong visibility and accessibility. The surrounding precinct is anchored by major national retailers such as JB Hi-Fi, The Good Guys, and McDonald’s, ensuring consistent foot traffic and sustained demand. This is a compelling investment opportunity for those seeking a secure income stream with inherent growth prospects in a tightly held location.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
2,734 SF
Building Class
C
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.52
Lot Size
0.12 AC

Amenities

  • Corner Lot
  • Signage
  • Listing ID: 40048539

  • Date on Market: 4/6/2026

  • Last Updated:

  • Address: 2-8 Station Street, Nunawading, VIC 3131

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