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23 Kingston Road 3,014 SF 100% Leased Retail Building Heatherton, VIC 3202 $648,405 ($215.14/SF)
Investment Highlights
- Rear laneway access and garage enhance storage and operational ease.
- Highly adaptable property blending commercial and residential spaces.
- Easy access to major arterials including Warrigal Road and Mornington Peninsula Freeway.
Executive Summary
This property presents a rare chance for owners and investors to secure a versatile space that harmoniously combines commercial functionality with residential comfort. Located at 23 Kingston Road in Heatherton, the property features a highly visible ground-floor storefront with large windows for excellent street exposure in a high-traffic area, suitable for retail conversion or professional offices. Customer convenience is supported by ample parking and an accessible, DDA-compliant bathroom.
Upstairs, the residence includes two well-appointed bedrooms, while the ground floor offers an inviting open-plan living and dining area that connects to a private backyard. Two kitchens and two bathrooms, thoughtfully placed across the levels, make this property adaptable for dual occupancy or income-generating rental arrangements. With multiple entrances and rear laneway access via a garage, this asset provides strong future flexibility. Positioned near several top-tier golf courses and close to vital roads such as Warrigal Road, Mornington Peninsula Freeway, and the Dingley Bypass, the location guarantees superior connectivity to Melbourne’s southeastern corridor. Offered with vacant possession at $900,000, this property promises operational versatility and underlying residential appeal for long-term growth.
Upstairs, the residence includes two well-appointed bedrooms, while the ground floor offers an inviting open-plan living and dining area that connects to a private backyard. Two kitchens and two bathrooms, thoughtfully placed across the levels, make this property adaptable for dual occupancy or income-generating rental arrangements. With multiple entrances and rear laneway access via a garage, this asset provides strong future flexibility. Positioned near several top-tier golf courses and close to vital roads such as Warrigal Road, Mornington Peninsula Freeway, and the Dingley Bypass, the location guarantees superior connectivity to Melbourne’s southeastern corridor. Offered with vacant possession at $900,000, this property promises operational versatility and underlying residential appeal for long-term growth.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,014 SF
Building Class
C
Price
$648,405
Price Per SF
$215.14
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.49
Lot Size
0.05 AC
Frontage
16’ on State Route 14
Amenities
- Signage
- Air Conditioning
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23 Kingston Road
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