For Sale
835 Mount Dandenong Road,
Montrose 3765, Victoria
CONTACT AGENT
Property details
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Agents
Thriving Restaurant Investment in High-Traffic Location
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.
Turnkey Investment: A well-maintained property with an established, profitable business already in operation-minimizing upfront costs and enabling immediate income generation.
Targeted 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:
• Building Size: 220 sqm
• Significant Land Holding: 900 sqm
• New Lease - $52,000 pa net - 3% annual Reviews
• Heating & Cooling
• 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 380 438
Will Jonas - 0422 883 011
*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.
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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Contact Ryan Trickey
Contact Ryan Trickey
Ryan Trickey
835 Mount Dandenong Road, Montrose VIC 3765
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Ryan Trickey
835 Mount Dandenong Road, Montrose VIC 3765