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Retail A/1056 Dandenong Road
Carnegie VIC 3163
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Ray White Oakleigh Commercial

Retail A/1056 Dandenong Road Carnegie VIC 3163

  • Shop & Retail
  • 481 m²
  • For Sale, Deadline Private Sale (Unless Sold Prior)

Prime Investment Opportunity With Exposure On Dandenong Road - Deadline Private Sale

  • 60,000* Vehicles passing daily
  • Tenant has further options until 2041
  • Rental: $182,334* p.a. + GST + Outgoings

RWC (Oakleigh) proudly presents to the market an exceptional investment opportunity with prominent main road frontage to Dandenong Road (Princes Highway) and located in Carnegie's dynamic development precinct. Retail A/1056 Dandenong Road, Carnegie will be offered to the market via a Deadline Private Sale closing Thursday 19th December 2024 at 4:00pm (unless sold prior).

"Panda Hot Pot" are the anchor Tenant of the recently developed '1060' mixed-use project by renowned international developer MRCB Land and have been in occupation since day one.

The Panda Hot Pot conglomerate, is a world-renowned dining destination with over 400 locations^ in China, Japan, Malaysia, US and now Australia. Following the success of their flagship Carlton restaurant, Panda Hot Pot expanded with a second location in Carnegie in 2021, where they've built a loyal local following. The restaurant's popularity not only ensures consistent foot traffic but also enhances the appeal of the surrounding area, reinforcing the property's value as a prime commercial asset with a thriving, high-profile tenant in place.

Property Highlights:

• Leased to world renowned operator "Panda Hot Pot"
• Long term lease until 2041 (commenced 15 Feb 2021)
• Extensive high-quality fitout incorporated as landlord fixtures & fittings
• Income of $182,334* p.a. plus GST plus Outgoings (From Feb 2025)
• Total building area | 481m²*
• High-visibility main road location with 60,000* cars passing by daily (1)
• Located within the high-profile '1060' mixed-use development by renowned international developer MRCB Land
• Excellent parking provisions with 9 allocated car spaces
• Koornang Road retail precinct (300m*), Carnegie Station (400m*), Chadstone Shopping Centre (2.2km*)
• Favourable Commercial 1 Zone (C1Z)

Inspection Times:

• Wednesday 27th November | 10:30am - 11:00am
• Wednesday 4th December | 10:30am - 11:00am
• Wednesday 11th December | 10:30am - 11:00am
• Wednesday 18th December | 10:30am - 11:00am

For further information or to obtain a copy of the I.M or contract, please contact the exclusive marketing agents:

Jonathan On | 0479 003 122
Ryan Amler | 0401 971 622

*All areas and figures are approximate. All boundaries are indicative only. All reasonable care has been taken to ensure the accuracy of the information provided; however, it does not constitute any representation by the Vendor or Agents.
(1) Vic Gov Department of Transport and Planning

^ As per The Age article on February 20th, 2020.

Please note business is not for sale.

Ray White Oakleigh Commercial
Ray White Oakleigh Commercial
Level 1/7-9 Atherton Rd
Oakleigh, VIC 3166

Property Highlights

Floor Area481 m²
Land AreaAsk Agent
Energy0-star NABERS Energy rating
Parking9 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019642534
Category
Last updated  29 Nov 2024
Map for Retail A/1056 Dandenong Road Carnegie VIC 3163
Ray White Oakleigh Commercial
Ray White Oakleigh Commercial
Level 1/7-9 Atherton Rd
Oakleigh, VIC 3166

Property Highlights

Floor Area481 m²
Land AreaAsk Agent
Energy0-star NABERS Energy rating
Parking9 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019642534
Category
Last updated  29 Nov 2024

Co-Agents

Ray White Oakleigh Commercial
Call
0479003122
Ryan Amler
Ryan Amler
Ray White Oakleigh Commercial
Call
0401 971 622

More about Retail A/1056 Dandenong Road Carnegie VIC 3163

Retail A/1056 Dandenong Road Carnegie VIC 3163 is categorized as Shop & Retail Property. It has a floor area of 481 m². There are 9 x onsite parkings.The listing ID for this property is 2019642534.

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