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198 Lower Dandenong Rd 1,044 SF Retail Condo Unit in Mordialloc, VIC 3195
Investment Highlights
- Price drop – motivated vendor ready to sell.
- Reliable tenant in place delivering strong ROI.
- Vendor will also sell the business for a complete turnkey solution.
- Approx. 97 m² retail shop in a high-traffic location.
- Positioned on a main road for maximum exposure and accessibility.
- Ideal for investors or owner-occupiers seeking a strategic commercial location.
Executive Summary
198 Lower Dandenong Road, Mordialloc is a retail property offering strong investment fundamentals, including a secure lease, high-exposure location, and flexible usage potential. Its position on a major arterial road enhances visibility and long-term value.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 1\PS501623 |
| Sale Type | Investment |
| APN/Parcel ID | 1\PS501623 |
Sale Notes
An outstanding opportunity to secure a prime retail property in a high-exposure location on bustling Lower Dandenong Road, Mordialloc. This 97 m²* retail shop offers exceptional visibility and accessibility, making it an ideal investment for those seeking strong returns and long-term growth potential.
Currently leased to a reliable tenant, this property provides immediate income and a fantastic ROI. The motivated vendor has instructed a price reduction and is open to all reasonable offers, creating a rare chance to acquire a quality commercial asset in a tightly held market.
The property’s strategic position on a major thoroughfare ensures consistent foot and vehicle traffic, while its flexible layout suits a wide range of retail or service-based businesses. For those looking to operate their own business, the vendor is also offering the existing business for sale, providing a turnkey opportunity.
Currently leased to a reliable tenant, this property provides immediate income and a fantastic ROI. The motivated vendor has instructed a price reduction and is open to all reasonable offers, creating a rare chance to acquire a quality commercial asset in a tightly held market.
The property’s strategic position on a major thoroughfare ensures consistent foot and vehicle traffic, while its flexible layout suits a wide range of retail or service-based businesses. For those looking to operate their own business, the vendor is also offering the existing business for sale, providing a turnkey opportunity.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 1,044 SF | Retail | Upon Request | - |
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| Unit Size |
| 1,044 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
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| Unit Size | 1,044 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| APN/Parcel ID | 1\PS501623 |
| Sale Notes | |
| An outstanding opportunity to secure a prime retail property in a high-exposure location on bustling Lower Dandenong Road, Mordialloc. This 97 m²* retail shop offers exceptional visibility and accessibility, making it an ideal investment for those seeking strong returns and long-term growth potential.<br> <br> Currently leased to a reliable tenant, this property provides immediate income and a fantastic ROI. The motivated vendor has instructed a price reduction and is open to all reasonable offers, creating a rare chance to acquire a quality commercial asset in a tightly held market.<br> <br> The property’s strategic position on a major thoroughfare ensures consistent foot and vehicle traffic, while its flexible layout suits a wide range of retail or service-based businesses. For those looking to operate their own business, the vendor is also offering the existing business for sale, providing a turnkey opportunity.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 2,691 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,830 SF |
| Property Subtype | Storefront Retail/Residential | Lot Size | 0.05 AC |
| Building Class | C |
| Total Building Size | 2,691 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 1,830 SF |
| Lot Size | 0.05 AC |
Amenities
- Signage
1 1
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198 Lower Dandenong Rd
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