AndersonDrake proudly presents to the market an outstanding opportunity to acquire a versatile and immaculately presented commercial freehold in the booming corridor of Melton. Positioned prominently on the corner of High Street and Joyce Street, this exceptional property offers a compelling proposition for both astute investors and ambitious owner-occupiers looking to establish a foothold in one of Victoria's fastest growing regions.
Currently operating as a boutique Chiropractic Clinic, the 109 sqm* building has been cleverly converted from a residential dwelling into a fully compliant and functional consulting premises, ideal for Allied Health, Medical, Wellness or Professional Services. With flexible zoning (RGZ1 - Residential Growth Zone), a high-quality fit-out, and strong local demand for Allied Health tenancies, this freehold offers immediate value with enormous long-term potential.
Whether you are looking to secure a high-performing commercial asset with immediate leasing appeal, or to occupy and operate your own business from a premium address, 477 High Street offers the complete package.
PROPERTY HIGHLIGHTS.
• Total building area: 109 sqm (approx.)
• Land area: 603 sqm (approx.) with two street frontages
• Secure, standalone freehold title - no Owners Corporation
• Fully converted and immaculately maintained former residence
• Zoning: Residential Growth Zone 1 (RGZ1) - supporting a mix of commercial outcomes (STCA)
• Highly visible corner site with direct access from both High Street and Joyce Street
IMPROVEMENTS AND FIT-OUT.
• X4 Individual consulting rooms or private offices, each fitted with timber flooring and ample natural light
• Inviting reception and waiting area with welcoming presentation for patients/clients
• Functional kitchenette and dedicated laundry room
• Comprehensive heating and cooling system throughout, ensuring year-round comfort
• Integrated security infrastructure including CCTV, alarm system, and external window shutters
• Solar panel system installed - reducing operating costs and enhancing environmental sustainability
• Accessibility-compliant entry ramp, ensuring ease of access for clients/patients with mobility requirements
• Neat and low-maintenance landscaping, complementing the property's professional appearance
• Off-street parking for X8 Vehicles, split across front and rear of the property for maximum convenience and accessibility
INVESTMENT OVERVIEW.
This is a tightly held commercial asset in an area experiencing explosive population and infrastructure growth. The surrounding precinct has seen a marked increase in demand from Allied Health and Medical users-driven by Melton's booming residential expansion and rising demographic need for community Health Services. With minimal comparable offerings on the market and a scarcity of boutique consulting spaces of this calibre, the leasing appeal is strong and growing.
The property is being offered with vacant possession, providing an open canvas for investors to secure a new, quality tenant or for owner-occupiers to move in and operate without delay. For the seasoned investor, this asset presents a unique prospect to capitalise on both short-term income potential and long-term capital appreciation, particularly given the site's Residential Growth Zone designation and strong corner presence.
KEY INVESTMENT DRIVERS.
• Flexible sale options: Vacant possession or tenanted investment*
• Rare high exposure corner allotment with excellent accessibility
• Fully fitted professional premises - ready to occupy or lease
• Ideal for SMSF purchasers, portfolio diversification, or value-add investors
• Long-term capital growth prospects located in a municipality in one of Victoria's most dynamic growth corridors
• Strategic zoning within Residential Growth Zone (RGZ1)
STRATEGIC LOCATION ATTRIBUTES.
• Located along High Street, the main commercial spine of Melton
• Immediate access to Melton's central township amenities and retail offerings, adjacent to established businesses, community services, and residential developments
• Short walk to Woodgrove Shopping Centre, schools, childcare centres, and transport services
• Excellent transport connectivity including Western Freeway, major arterial roads. Serviced by public transport and positioned within close proximity to Melton Train Station
• Within the Urban Growth Boundary, Melton is forecast to experience sustained long-term growth and development
• Excellent future prospects for redevelopment, expansion, or intensification of use (STCA)
For more information or to arrange a confidential inspection, please contact the exclusive sales agents at AndersonDrake. All areas and figures are approximate only. Buyers should undertake their own due diligence.
