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Investment Highlights

  • 183 m² Shop & Retail freehold, income-producing investment in a blue-chip location.
  • Rental income: $33,943 per annum, inclusive of GST, delivering reliable cash flow.
  • Rare opportunity in a tightly held strip precinct, ideal for investors seeking secure, long-term performance.
  • Leased to Addis Grill, an established and proven hospitality business.
  • Positioned along high-volume North Road, ensuring maximum exposure and strong customer traffic.

Executive Summary

Century 21 Property Group presents an outstanding opportunity to secure a prime freehold retail investment in the sought-after Caulfield South commercial precinct. Set across 183 m², this superbly positioned property is securely leased to Addis Grill, an established hospitality operator providing stable rental income of $33,943 per annum (inc GST).
Located on the high-profile North Road corridor, the asset enjoys exceptional exposure to constant traffic and proximity to established residential catchments, schools, and public transport. The property sits within a vibrant lifestyle hub, benefiting from strong demand for tightly held main-road freeholds which continue to underpin long-term capital growth prospects.
With Melbourne’s south-east experiencing ongoing population growth and infrastructure investment, this property represents a strategic investment offering immediate income security coupled with enduring location fundamentals.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,970 SF
Building Class
C
Tenancy
Single
Building Height
1 Story
Building FAR
0.89
Lot Size
0.05 AC

Amenities

  • Restaurant
  • Accent Lighting
  • Air Conditioning
  • Listing ID: 40429462

  • Date on Market: 5/6/2026

  • Last Updated:

  • Address: 365 North Rd, Caulfield South, VIC 3162

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