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Retail For Sale found in MULGRAVE, VIC 3170

Properties located in the surrounding suburbs

INCREDIBLE GATEWAY LANDHOLDING WITH SOLI...

Investment | Retail | Development/Land

A super prime gateway landholding with secure income to KFC.
Savills is delighted to offer for sale this trophy asset underpinned by a landmark site located at 1-25 Princes Highway, Dandenong. This incredible investment is situated within the heart of the Dandenong Activity Centre, and surrounded by an abundance of high quality retailers and established amenities.
Key features if this outstanding property are as follows:
- High profile gateway site of 2,682 sq m*
- Two street frontages totalling 166.8 metres*
- Comprehensive Development Zone 2 allowing high density development with immediate height precedent of 12+ levels
- Leased to KFC with a modern restaurant
- Current net rental of $265,648 per annum*
- An outstanding position within the heart of the Dandenong Activity Centre at the cusp of the Lonsdale Street retail precinct and opposite Coles/Dandenong Market
- Close proximity to Dandenong Plaza Shopping Centre (Woolworths, Coles, Aldi, Kmart, Target, JB Hi-Fi Reading Cinemas and more)
- A short walk from Dandenong Train Station, providing direct CBD access
- Excellent vehicular connectivity with easy access to both EastLink and the Monash Freeway
- Dandenong is just 35km* from the Melbourne CBD and is a thriving Activity Centre, with a recent $290m state government investment further enhancing the precinct
- The ultimate development site or landbank investment not to be missed!
The property is one of the best located sites in Dandenong and offers the opportunity to invest in a secure retail asset with massive upside potential. Accordingly we encourage prospective purchasers to actively consider this outstanding opportunity.
1-25 Princes Highway, Dandenong is For Sale by Expressions of Interest closing Wednesday 16 August at 2pm.
Benson Zhou - 0458 488 888
Nick Peden - 0402 011 266

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Price: EOI Closing Wednesday 16 August at 2pm    Building: 530m²    Land: 2682m²    Occupancy: Tenanted

BLUE CHIP CHILD CARE INVESTMENT

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
- Licensed 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

LANDMARK INVESTMENT OPPORTUNITY LEASED T...

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

DOMINANT TRIPLE FRONTED CBD FREEHOLD

Investment | Retail

- High profile CBD location opposite Dandenong Market and Palm Plaza
- Rare triple exposure to Lonsdale Street/Princes Hwy, Cleeland Street and Clow Street
- Combined street frontage of 49 metres approx
- Land area: 274m² approx
- Commanding building of 514m² approx
- Ground floor offered vacant possession
- First floor leased to long standing business trading as Cardens Restaurant
- Potential fully leased income of $110,000 per annum approx.
- Flexible Zoning: Comprehensive Development Zone
- Future value add potential (stca)
- Outstanding opportunity to secure an iconic Dandenong CBD corner building in rapidly re-emerging retail and commercial precinct

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Price: Contact Agent    Building: 514m²    Occupancy: Tenanted


POTENTIAL PLUS! HIGHLY EXPOSED CORNER FREEHOLD

Retail | Development/Land

• Prominently located property within Glen Waverley’s buzzing retail precinct
• Directly opposite the busy railway station and bus interchange and adjacent to Glen Waverley Secondary College and public car park
• Versatile site of 209sqm approx. with rear access via right of way
• Combined dual street frontage of 41 metres approx.
• Within favourable high density zoning
• Significant further development potential (stca)
• Offered with Vacant Possession
• Positioned within the Kingsway retail and entertainment district surrounded by popular eateries, highly regarded local and national retailers, all major trading banks and a rapidly increasing residential population
• The area is further underpinned by The Glen Shopping Centre which is situated only 250m approx. to the east of the property, while cinema complex Century City Walk and the 10 storey IKON development are also nearby
• Don’t miss this extremely rare opportunity to acquire a high profile corner freehold property in one of Melbourne’s most tightly held and well regarded retail and commercial precincts

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Price: Contact Agent    Building: 150m²    Land: 209m²    Occupancy: Vacant

HIGH PROFILE SHOWROOM WITH PRINCES HIGHWAY EXPOSURE - 9% RET...

Showrooms | Retail | Development/Land (Showrooms, Retail)

  • Modern quality showroom building with rear loading
  • Onsite parking for 40 cars
  • 140 metre (approx) triple street frontage
  • Building Area: 2,093 sqm (approx)
  • Land Area: 3,341 sqm (approx)
  • Leased to Super Retail Group Ltd until May 2019

Please note: Tenant no longer in occupation, all photos were taken before the Tenant vacated

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Price: Contact Agent    Building: 2093m²    Land: 3341m²    Occupancy: Vacant

LEASED RETAIL INVESTMENT!

Retail

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*
Features:
-Excellent retail / office potential
-High traffic exposure
-short stroll to the Dandenong Plaza
Contact Blake Quilligan on 0432 929 073 to inspect today.
*approx.

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

SUBURB PRICE GUIDE

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 $3466 $236 6.80%
Retail $209
Industrial $123
* 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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