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Retail For Sale found in MULGRAVE, VIC 3170

Properties located in the surrounding suburbs


Investment | Retail

- Vibrant, bustling community shopping destination with an exceptional convenience offering, featuring strong performing Coles and Aldi Supermarkets, Kmart DDS and 85 specialities and kiosks over a total GLA of 23,043sqm
- Landmark site of 58,100sqm with excellent exposure to high levels of passing traffic, convenient and abundant parking for 1,568 vehicles, strategically located at the busy intersection of Ferntree Gully and Springvale Roads, both key arterial thoroughfares
- Metropolitan Melbourne location, 24km south east of the CBD, with a large main trade area of 83,910 residents, growing at a forecast 1.2% p.a. to 2027, supported by a strong worker population base, with close to 6,000 persons within 1km of the centre*
- Attractive main trade area retail expenditure of $1.2 billion with strong forecast growth of 3.8% p.a. to 2027, the food category accounting for 56% of total retail expenditure*
- Secure cash flow with historically high occupancy, obvious potential repositioning, remixing and development opportunities to extract additional and ongoing value
- Fully leased net income of $9.6 million as at 30 November 2017
All figures above are
approximate only *Urbis, September 2017

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Price: Contact Agent    Building: 23043m²    Land: 58100m²    Occupancy: Tenanted


Investment | Industrial | Development/Land | Retail

Strategically located in established Noble Park, with extensive 143 metre frontage to Princes Highway, excellent linkage attributes and situated between Springvale Road and Eastlink.
* ASX Listed lease covenant.
* 7 years secure income.
* 142 metre frontage to Princes Highway.
* Development upside.
* Flexible exit options.
* 3.00% annual increases.

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Price: Contact Agent    Building: 16191m²    Land: 44400m²    Occupancy: Tenanted


Retail | Development/Land | Showrooms

• 3,525sqm* site in the retail core of the Dandenong CBD
• 2,390sqm* building, with planning approvals to convert into 6 individual retail tenancies
• 61m* frontage Princes Hwy, with dual frontage to Cleeland St
• Exposure to 35,000+ passing cars per day
• Existing on-site parking for 29 cars
• Suitable for occupiers, investors or developers
• ‘Comprehensive Development Zone' forming part of the Central Dandenong Activity Centre - allowing for high density mixed-use development (STCA)
• Highly strategic position adjoining Coles anchored Neighbourhood Shopping Centre, adjacent to the Dandenong Markets and Dandenong Plaza.

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Price: Contact Agent    Building: 2390m²    Land: 3525m²    Occupancy: Vacant


Investment | Retail | Medical | Other

An unprecedented opportunity to secure one or more state-of-the-art child care centres featuring all fundamental investment attributes in one of Melbourne’s most sought after growth suburbs.
Ideally positioned within Melbourne’s highly sought after and rapidly developing south-east, this brand new facility is well located to take full advantage of the booming population.
Some of the many key attributes of these properties include:
- New 15 + 5 + 5 + 5 year lease commencing upon completion
- Tenant: Greenwood Early Education
- Permitted for 124 places
- Land area of 3,195sq m*
- Building area of 831sq m*
- Net Rental of $390,000 per annum*
- Anticipated completion of construction is November 2017
This extraordinary offering is surrounded by schools, extensive retail amenity and positioned centrally within an area undergoing tremendous population growth.
The property is For Immediate Private Sale.
In addition, we have another exceptional child care asset at 1-7 Selandra Boulevard, Clyde North available For Private Sale.
To discuss any of these opportunities in detail, please contact the exclusive
sales agents at Savills. Julian Heatherich - 0412 995 655 Clinton Baxter - 0413 569 888 Benson Zhou - 0458 488 888

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Price: Immediate Private Sale    Building: 831m²    Land: 3195m²    Occupancy: Tenanted


Investment | Hotel/Leisure | Retail | Offices

Savills is pleased to offer for sale this high profile investment opportunity within the heart of Dandenong’s CBD, with the benefit of long-term leases to a national tenant.
Key attributes of this opportunity are:
- Outstanding opportunity to acquire 34 modern, serviced apartments in one line within a striking, 8-level mixed-use building
- Fully leased to national serviced apartment operator – Punt Hill Group
- Long term lease providing for a secure investment
- Total Building Area of 1,834sq m* (average apartment size of 53sq m*)
- Current Income: $723,236 per annum*, with rent not linked to occupancy or vacancy assuring investors of dependable annual gains
- Brand new building with strong depreciation benefits
- Favourable corner position maximising natural light and amenity
- Strong occupancy attributed to a host of lifestyle and retail amenity plus surrounding corporate headquarters
- A commanding corner position with the vibrant and bustling Dandenong central activity centre
- A high quality investment opportunity, underpinned by a long lease to a national operator!
This is an incredibly rare opportunity to invest
in a superbly located commercial building, in a high growth location undergoing significant gentrification and government backed investment in Dandenong’s CBD. The investment is fully leased with a secure tenant in a location that is serviced by ample retail and lifestyle amenity, presenting the savvy investor with a first class investment opportunity. 157-163 Lonsdale Street, Dandenong is for Immediate Private Sale. For further information, please contact: Julian Heatherich - 0412 995 655 Benson Zhou - 0458 488 888 Jesse Radisich - 0402 085 702

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Price: Immediate Private Sale    Building: 1834m²    Occupancy: Tenanted



Ideally located in the CBD of Dandenong is this highly exposed property which is now available for Sale as a leased investment.
Lease Details:
Rental: $24,000.00pa plus GST and Outgoings
Start: 20th July 2015
Term: Three (3) Years
Further Term: Three (3) Years
Bond: $4,400.00
Reviews: 3% annually
Use: Photography and Digital Print Business
Building area: 111m2*
-Excellent retail / office potential
-High traffic exposure
-short stroll to the Dandenong Plaza
Contact Blake Quilligan on 0432 929 073 to inspect today.

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Price: $435K    Building: 111m²    Land: 111m²    Occupancy: Vacant



Currently closed, this property offers a great opportunity to the first time investor or food operator to open your own business in the Hub food Court.
Property is offered with some fitout and is ready to go.
Sale is offered with vacant possession.

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Price: Contact Agent    Building: 46m²    Occupancy: Vacant



Currently closed, this property offers a great opportunity to the first time investor or food operator to open your own business in the Hub food Court.
Property is offered with some fitout and is ready to go.
Sale is offered with vacant possession.

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Price: Contact Agent    Building: 39m²    Occupancy: Vacant


Suburb Summary - Mulgrave, VIC 3170

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $3632 $245 6.75%
Retail $217
Industrial $134
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.

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