5 Ian St 1,141 SF Retail Building Noble Park, VIC 3174 $651,330 ($570.85/SF)

5 Ian Street presents a tightly held freehold opportunity in the bustling commercial heart of Noble Park, just moments from public transport and key amenity clusters. Anchored in a high-activity retail and service zone, this property offers secure income via an existing lease and strong prospects for future capital appreciation driven by ongoing precinct revitalization initiatives.
Positioned within a mixed-use neighborhood less than one minute’s walk from Noble Park Train Station, the property benefits from consistent foot traffic generated by commuters and the surrounding retail network. The flexible internal layout caters to a range of business uses, while Commercial 1 zoning supports long-term adaptability including potential repositioning (STCA). Immediate access to local destinations such as Noble Park Aquatic Centre and Ross Reserve further reinforces locational convenience for patrons and staff alike.
Investor confidence is underpinned by stable income performance and the regional demand for small-format commercial holdings supported by dense residential catchments.