835 Mt Dandenong Road, Montrose

Thriving Commercial Investment - Or Walk In Walk Out!

For Sale$800,000 - $880,000

Car
14
Land
987 sqm
Home Size
220 sqm
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OBrien Real Estate proudly presents an exceptional investment or move in opportunity at 835 Mount Dandenong Road - a well-maintained commercial property offering immediate income and a strong foundation for your portfolio.

A well-established Chinese restaurant with over 20 years of loyal clientele operates on the premises, generating a reliable and consistent customer base. With the hard work already done, this is a true turn-key investment - start earning from day one.

The lease provides a stable annual net income of $52,000, with 3% annual reviews built in for growth. The current three-year term commenced 1 July 2024, with a further three-year option available - giving investors long-term confidence and certainty or move in and take over, the choice is yours!

Prominently positioned on the main road with excellent visibility and high passing traffic, the property benefits from convenient access, proximity to public transport, quality schools, and is within an hour's reach of Melbourne CBD. Up to 25 on-site car spaces further enhance the appeal for customers and staff alike.

Building size: 220 sqm Land size: 987 sqm Net income: $52,000 pa with 3% annual reviews Lease term: 3 years from 01/07/2024 + one option of 3 years Heating & cooling throughout

Whether you're an experienced commercial investor or looking to make your first move into the market, 835 Mount Dandenong Road ticks every box. For further information or to arrange a private inspection, please contact:

Jenny 0452 207 168 Anthony 0411 061 796

All areas and figures approximate only. All boundaries are indicative only. All precautions have been taken to establish the accuracy of all information but do not constitute any representation by the Vendor or Agents.

Property features:

  • Air Conditioning
  • Heating

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