835 Mount Dandenong Road Montrose VIC 3765

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 380 438
OR
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.