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Investment Highlights

  • High-exposure retail investment positioned within Moonee Ponds’ established Activity Centre
  • Prime Mt Alexander Road frontage with strong passing traffic and signage appeal
  • Rear access and on-site amenities
  • Fully leased asset delivering secure income with built-in rental growth
  • Strategic inner-city location moments from Puckle Street and major transport links

Executive Summary

An outstanding opportunity to acquire a high-exposure retail investment located within the heart of Moonee Ponds’ Activity Centre. Positioned along one of the suburb’s most prominent commercial thoroughfares, the property benefits from exceptional visibility, strong passing traffic, and proximity to major lifestyle and transport amenities.
The property is fully leased, providing immediate income security with built-in rental growth, and is surrounded by established businesses, public transport connections, and key retail destinations. Its location just moments from the vibrant Puckle Street precinct and the Moonee Valley Racecourse redevelopment underpins long-term demand and future growth potential.
Offering rear access and on-site amenities, the asset combines practical functionality with strong underlying land fundamentals. The flexible zoning further enhances the investment profile, supporting long-term adaptability within a tightly held inner-city suburb.
This is a rare opportunity to secure a set-and-forget retail investment in one of Melbourne’s most established and sought-after inner-north commercial precincts.

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,153 SF
Building Class
C
Price
$551,686
Price Per SF
$256.27
Cap Rate
6.50%
NOI
$35,860
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.60
Lot Size
0.08 AC
Frontage
26’ on Mount Alexander Road

Amenities

  • Restaurant
  • Signage
  • Air Conditioning
  • Listing ID: 39706350

  • Date on Market: 3/8/2026

  • Last Updated:

  • Address: 730 Mt Alexander Rd, Moonee Ponds, VIC 3039

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