![RWC - Glen Waverley](https://i1.au.reastatic.net/170x46-fit/80a60528a30dff41eaf0ab8950d3b0e02e4cd69269f0d98d86264cf065941f8f/large_commercial.jpg)
Added 1 day ago
835 Mount Dandenong Road,
Montrose, VIC 3765
Shops & Retail • Medical & Consulting • Offices
Added 1 day ago
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Sale
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Map of 835 Mount Dandenong Road
Train stations within 5 km of 835 Mount Dandenong Road, Montrose, VIC 3765 Distance Mooroolbark Station 3.6 km POWERED BY HERE ©Bus stops within 5 km of 835 Mount Dandenong Road, Montrose, VIC 3765 Distance Canterbury Rd/Mt. Dandenong Rd (Montrose) 59 m Magnolia GR/Mt. Dandenong Rd (Montrose) 64 m Mt. Dandenong Rd/Canterbury Rd (Montrose) 117 m 5 Canterbury Rd 137 m Stradbroke Rd/Mt. Dandenong Rd (Montrose) 330 m POWERED BY HERE ©
POWERED BY HERE ©
Thriving Restaurant Investment in High-Traffic Location
- Thriving Restaurant with Loyal Clientele
- Secure Income Stream
- Prime Location for Success
Ray White Commercial proudly presents an exceptional investment opportunity at 835 Mount Dandenong Road.
This property offers immediate income and a strong foundation for your investment:
Thriving Restaurant with Loyal Clientele: A well-established Chinese restaurant with over 20 years of history operates on the premises, attracting a steady customer base.
Secure Income Stream: The secure lease generates a stable annual income of $52,000, and it was recently renewed (for three years starting July 1, 2024, with a three-year renewal option).
Prime Location for Success: The property enjoys high visibility due to its prominent location on the main road, ensuring excellent customer traffic and convenient access. Ample on-site parking (up to 25 spaces) adds to the convenience factor.
Turn-Key Investment: well-maintained space with a successful business already in operation. This minimizes upfront costs and allows you to start earning income immediately.
Strategic Investment: The location near public transport, quality schools, and within an hour's reach of Melbourne CBD ensures a steady flow of potential customers and employees.
High-Level Features:
• Significant Land Holding: 900 sqm
• Building Size: 220 sqm
• Heating & Cooling
• New Lease - $52,000 pa net - 3% annual Reviews
• 3 years Starting 01/07/2024 - Option - 1 option of 3 years
For further information and to schedule a private inspection, please contact:
Ryan Trickey 0400 380 4...
OR
Will Jonas 0422 883 0...
*All areas and figures approx only. All boundaries are indicative only. All precautions have been taken to establish the accuracy of all information, but they do not constitute any representation by the Vendor or Agents.
This property offers immediate income and a strong foundation for your investment:
Thriving Restaurant with Loyal Clientele: A well-established Chinese restaurant with over 20 years of history operates on the premises, attracting a steady customer base.
Secure Income Stream: The secure lease generates a stable annual income of $52,000, and it was recently renewed (for three years starting July 1, 2024, with a three-year renewal option).
Prime Location for Success: The property enjoys high visibility due to its prominent location on the main road, ensuring excellent customer traffic and convenient access. Ample on-site parking (up to 25 spaces) adds to the convenience factor.
Turn-Key Investment: well-maintained space with a successful business already in operation. This minimizes upfront costs and allows you to start earning income immediately.
Strategic Investment: The location near public transport, quality schools, and within an hour's reach of Melbourne CBD ensures a steady flow of potential customers and employees.
High-Level Features:
• Significant Land Holding: 900 sqm
• Building Size: 220 sqm
• Heating & Cooling
• New Lease - $52,000 pa net - 3% annual Reviews
• 3 years Starting 01/07/2024 - Option - 1 option of 3 years
For further information and to schedule a private inspection, please contact:
Ryan Trickey 0400 380 4...
OR
Will Jonas 0422 883 0...
*All areas and figures approx only. All boundaries are indicative only. All precautions have been taken to establish the accuracy of all information, but they do not constitute any representation by the Vendor or Agents.
Additional information
External websites
Property ID: 504643820Last Updated: 19 Jul 2024
RWC - Glen Waverley
169 Coleman ParadeGLEN WAVERLEY, VIC 3150
![RWC - Glen Waverley](https://i1.au.reastatic.net/170x46-fit/80a60528a30dff41eaf0ab8950d3b0e02e4cd69269f0d98d86264cf065941f8f/large_commercial.jpg)
835 Mount Dandenong Road
Montrose, VIC 3765
RWC - Glen Waverley169 Coleman Parade
GLEN WAVERLEY, VIC 3150
GLEN WAVERLEY, VIC 3150
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CONTACT AGENT
2/334-336 Highbury Road,Mount Waverley, VIC 3149 116 m²Offices • Showrooms & Large Format Retail • Shops & Retail