For Sale

Retail A/1056 Dandenong Road,
Carnegie 3163, Victoria

9 car spaces
481m² building size
Retail

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Property details

Prime Investment Opportunity With Exposure On Dandenong Road

RWC (Oakleigh) proudly presents to the market an exceptional investment opportunity with prominent main road frontage to Dandenong Road (Princes Highway) and located in Carnegie's dynamic development precinct.

"Panda Hot Pot" are the anchor Tenant of the recently developed '1060' mixed-use project by renowned international developer MRCB Land and have been in occupation since day one.

The Panda Hot Pot conglomerate, is a world-renowned dining destination with over 400 locations^ in China, Japan, Malaysia, US and now Australia. Following the success of their flagship Carlton restaurant, Panda Hot Pot expanded with a second location in Carnegie in 2021, where they've built a loyal local following. The restaurant's popularity not only ensures consistent foot traffic but also enhances the appeal of the surrounding area, reinforcing the property's value as a prime commercial asset with a thriving, high-profile tenant in place.

Property Highlights:

• Leased to world renowned operator "Panda Hot Pot"
• Extensive high-quality fitout incorporated as landlord fixtures & fittings
• Total building area | 481m²*
• High-visibility main road location with 60,000* cars passing by daily (1)
• Located within the high-profile '1060' mixed-use development by renowned international developer MRCB Land
• Excellent parking provisions with 9 allocated car spaces
• Koornang Road retail precinct (300m*), Carnegie Station (400m*), Chadstone Shopping Centre (2.2km*)
• Favourable Commercial 1 Zone (C1Z)


For further information, please contact the exclusive marketing agents:

Jonathan On | 0479 003 122
Ryan Amler | 0401 971 622

*All areas and figures are approximate. All boundaries are indicative only. All reasonable care has been taken to ensure the accuracy of the information provided; however, it does not constitute any representation by the Vendor or Agents.
(1) Vic Gov Department of Transport and Planning

^ As per The Age article on February 20th, 2020.

Please note business is not for sale.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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