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903A Dandenong Road,
Malvern East 3145, Victoria

70m² building size
Retail

Price withheld

Property details

High Exposure Investment

Experiencing excellent exposure in the service road just steps from Monash University Caulfield Campus, this shopfront investment has been occupied by the same tenants for over 10 years and represents the ideal investment to add to your portfolio.

Currently leased by the Ziweiyuan café/restaurant, the property contains two separate zones consisting of a restaurant dining area measuring 7.5m x 5.6m approx. along with a kitchen space measuring 5.8m x 4.7m approx.

Neatly appointed for its current usage and comforted by the inclusions of heating and air conditioning, the shop has a rental agreement in place with terms of 3+3+3 years and currently returns $48,000pa including outgoing and GST.

As for the location, you're in a prime position with excellent passing vehicle and foot traffic, on the doorstep of Monash University Caulfield Campus, Caulfield Train Station, Caulfield Racecourse, Waverley Road shopping precinct and Chadstone Shopping Centre just down the road.

A rare opportunity to snap up this impressive investment!

Photo ID required at all open for inspections.

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.

Due diligence checklist for home and residential property buyers.

Explore the area

School catchments

  • Malvern Primary School Primary Prep-6 Government 0.74km
  • St Mary's School Primary Prep-6 Catholic 0.78km
  • Lloyd Street Primary School Primary Prep-6 Government 1.1km
  • St Anthony's School Primary Prep-6 Catholic 1.3km
  • Caulfield Grammar School - Malvern Campus Combined Independent 1.5km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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