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Investment Highlights

  • Prominent corner site with extensive retail frontage and rear lane access.
  • Proposed design includes five upscale residences plus retail and office components.
  • Commercial 1 zoning allows mixed-use redevelopment (STCA).
  • Current two-level office building suitable for immediate occupation or short-term income.

Executive Summary

Presenting a sought-after corner holding within the McKinnon High School Zone, this 368 sqm site offers exceptional potential supported by flexible Commercial 1 zoning. The lot boasts extensive retail frontage to McKinnon Road and valuable rear lane access, ideal for premium redevelopment. A proposed concept includes five boutique high-end townhomes—each with its own lift—accompanied by retail/café and office space (STCA).
The existing two-level office building of approximately 376 sqm provides immediate utility for commercial purposes while plans are pursued. Positioned in a rapidly evolving precinct dominated by multi-residential growth and lifestyle amenities, this property places incoming investors or developers at the center of McKinnon’s surge in demand.
Access and connectivity amplify its appeal: walking distance to McKinnon Train Station, retail and dining on McKinnon Road, and quick links to Centre Road's supermarkets and financial services. This rare combination of zoning flexibility, high-profile frontage, and a vibrant school-zone setting creates a compelling acquisition for those seeking enduring value.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,564 SF
Building Class
C
Percent Leased
Vacant
Building Height
2 Stories
Typical Floor Size
2,282 SF
Building FAR
1.15
Lot Size
0.09 AC

Amenities

  • Air Conditioning
  • Listing ID: 40931321

  • Date on Market: 6/16/2026

  • Last Updated:

  • Address: 226-228 McKinnon Rd, McKinnon, VIC 3204

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