1/131 Parkers Road Parkdale VIC 3195

Presenting a prime retail investment opportunity in the heart of Parkdale, this well-positioned commercial property offers a secure income stream with a reliable tenant in place until at least 19th April 2029.

Property Features:
- Spacious retail unit with a functional layout suitable for various business types.
- Modern façade with large display windows, attracting attention from passers-by with high foot traffic.
- Onsite parking available, providing convenience for both customers and staff.
- Currently leased to an Experienced Boutique Hair Salon.
- 4 Year term in place with no further terms.
- Competitive 5% rental yield, reflecting the property's strong location and tenant covenant.

Total Floor Size: 69 sqm*
Rental: $27,400.00 per annum plus outgoings and GST
Term: Commenced 20th April 2025 4 Years
Car: 1 Car Space
Further Term: NIL
Tenant: Cilla and Dees Studio Pty Ltd
Experienced and Boutique Hair Salon

INSPECTION BY APPROINTMENT - CONTACT AGENTS.

*All sizes are approximate
*All figures are GST exclusive unless otherwise stated.

This estimate of the net internal area of the premises is indicative only and should not be relied upon and is not a substitute for undertaking precise measurements of the premises.

"A vision for tomorrow requires a strategy today. Dive into the future with DBRE."

The core focus of DBRE is industrial, commercial and retail property.

Between us we offer over 100 years' experience in the commercial and industrial property markets with intricate knowledge of Melbourne's southeast corridor.