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91 Mcintyre Road 1,184 SF Retail Building Sunshine North, VIC 3020 $524,790 ($443.22/SF) 3.02% Cap Rate
Investment Highlights
- Exceptional exposure along the busy McIntyre Road Shopping Strip.
- Established retail precinct serving Sunshine North and surrounding suburbs.
- Located only 11 km from Melbourne CBD amid residential, commercial, and industrial catchments.
- Immediate access to Western Ring Road providing regional connectivity.
- Zoned Commercial 1 with two designated car spaces on site.
Executive Summary
This retail freehold property offers a secure tenanted investment in the vibrant Sunshine North market. Located on the prominent McIntyre Road Shopping Strip, the site benefits from strong local traffic and high visibility within one of Melbourne’s largest western suburbs, only 11 km from the CBD. The location provides connectivity to key arterial networks, with the Western Ring Road moments away, enabling efficient access across metropolitan Melbourne.
The asset is leased to an established tenant operating a thriving business, delivering consistent income. The lease commenced in July 2021 under a 3x3x3 arrangement, providing long-term security through 2030. The property occupies a 185 m² land parcel and includes a 110 m² building zoned Commercial 1, complemented by two on-site parking bays. This combination of high-exposure positioning, stable tenancy, and surrounding mixed-use amenities makes it a compelling opportunity for investors seeking stable cash flow.
The asset is leased to an established tenant operating a thriving business, delivering consistent income. The lease commenced in July 2021 under a 3x3x3 arrangement, providing long-term security through 2030. The property occupies a 185 m² land parcel and includes a 110 m² building zoned Commercial 1, complemented by two on-site parking bays. This combination of high-exposure positioning, stable tenancy, and surrounding mixed-use amenities makes it a compelling opportunity for investors seeking stable cash flow.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
1,184 SF
Building Class
C
Price
$524,790
Price Per SF
$443.22
Cap Rate
3.02%
NOI
$15,854
Tenancy
Single
Building Height
1 Story
Building FAR
0.61
Lot Size
0.04 AC
Frontage
22’ on Mcintyre Road
Amenities
- Fenced Lot
- Storage Space
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91 Mcintyre Road
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