835 Mount Dandenong Rd, Montrose, VIC 3765 | Commercial for sale | OnTheHouse
FOR SALE
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835 Mount Dandenong Road
Montrose VIC 3765

Bedrooms: -
Bathrooms: -
Car spaces: 25
Floor area: 220m2
Land area: 990m2
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Thriving Restaurant Investment in High-Traffic Location

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.
Turnkey Investment: A well-maintained property with an established, profitable business already in operation-minimizing upfront costs and enabling immediate income generation.
Targeted 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:
• Building Size: 220 sqm
• Significant Land Holding: 900 sqm
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Property Details for 835 Mount Dandenong Rd, Montrose

Building Type
Commercial
Floor Size
220m2
Land Size
990m2
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About Montrose 3765

The size of Montrose is approximately 11.1 square kilometres. There are 15 parks, covering nearly 26.7% of the total area. The population of Montrose in 2016 was 6761 people. By 2021 the population was 6900 showing a population growth of 2.1% in the area during that time. The predominant age group in Montrose is 40-49 years. Households in Montrose are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montrose work in a trades occupation.In 2021, 87.80% of the homes in Montrose were owner-occupied compared with 85.30% in 2016.

Montrose has 2,808 properties. Over the last 5 years, Houses in Montrose have seen a 6.29% increase in median value, while Units have seen a 3.06% increase. As at 31 August 2026:

  • The median value for Houses in Montrose is $975,842 while the median value for Units is $719,580.
  • Houses have a median rent of $695 while Units have a median rent of $450.
There are currently 8 properties listed for sale, and no properties listed for rent in Montrose on OnTheHouse. According to Cotality's data, 91 properties were sold in the past 12 months in Montrose.

Suburb Insights for Montrose 3765

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Ryan Trickey
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Will Jonas
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RWC Glen Waverley
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.