Log In/Sign Up
Your email has been sent.
835 Mount Dandenong Rd 2,368 SF Retail Building Montrose, VIC 3765 $612,383 ($258.60/SF) 6.12% Cap Rate
Investment Highlights
- Secure tenancy generating $52,000 net income per year with 3% annual increases.
- Prominent site located along a busy arterial road with high exposure.
- Current three-year lease commenced in July 2024 with a further three-year option.
Executive Summary
Secure a strong-performing investment or a seamless owner-occupier opportunity at 835 Mount Dandenong Road, Montrose. Currently leased to a well-established Chinese restaurant with over 20 years of operation at the site, the property delivers immediate rental income of $52,000 per annum with 3% annual reviews for built-in growth. The lease began in July 2024 for a three-year term with an additional three-year option, offering stability and long-term security.
Situated on a prominent thoroughfare with high visibility and strong passing traffic, the property benefits from up to 14 on-site car spaces, heating and cooling throughout, and excellent access to key amenities. It is positioned within proximity to quality schools, public transport, and is less than an hour from Melbourne CBD. The site provides flexible potential—either continue as a high-yield investment or take advantage of its walk-in business-ready configuration.
This is an exceptional opportunity for investors seeking consistent returns or entrepreneurs looking for an operating establishment in a thriving community frequented by a loyal and established customer base.
Situated on a prominent thoroughfare with high visibility and strong passing traffic, the property benefits from up to 14 on-site car spaces, heating and cooling throughout, and excellent access to key amenities. It is positioned within proximity to quality schools, public transport, and is less than an hour from Melbourne CBD. The site provides flexible potential—either continue as a high-yield investment or take advantage of its walk-in business-ready configuration.
This is an exceptional opportunity for investors seeking consistent returns or entrepreneurs looking for an operating establishment in a thriving community frequented by a loyal and established customer base.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,368 SF
Building Class
C
Price
$612,383
Price Per SF
$258.60
Cap Rate
6.12%
NOI
$37,463
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.24 AC
Parking
14 Spaces (5.91 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Security System
- Air Conditioning
- Smoke Detector
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
835 Mount Dandenong Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.