801A Dandenong Road, Malvern East, VIC 3145

Retail

For Sale Contact Agent

  • Property ID: 325804
  • Floor Area: 237m²
  • Occupancy: Vacant
Prime Freehold Investment

Grandfield Property Group is pleased to offer this prime freehold investment located at 801A Dandenong Road, Malvern East for Immediate Private Sale.
Well located in the sought-after blue-chip Malvern East area in close proximity to Monash University Caulfield Campus and Caulfield Racecourse, this freehold opportunity offers excellent investment with long-term lease.
Key attributes of this prime investment include:
+ Brand new shop located on the ground floor of the iconic “Vanguard Apartments”
+ Fully leased to Owners Corporation used as residential gym
+ Annual net rental income of $98,700 with fixed annual increase
+ Brand new long term lease
+ Area: 237 m2*
+ 2 basement car parks
+ 322 architecturally designed residential apartments directly above
+ The only dedicated gym facility in the building for residents and Sebel Hotel directly above
+ Outstanding public transport including Caulfield Railway Station located 450m* away and tram stop providing direct access to CBD
*approx.

Additional Information
Features
  • Car Spaces: 2
Malvern East Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $371 ---
Retail $7595 $349 4.60%
This is the average advertised price, rent and yield for Malvern East, VIC 3145*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 801A Dandenong Road, Malvern East, VIC 3145. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 801A Dandenong Road, Malvern East, VIC 3145. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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