Motivated Vendor has said drop the price. We will look at all reasonable offers.
Price Drop!
Business owner will also sell the business.
Seize the opportunity to invest in this exceptional retail space located on a bustling main road, offering maximum exposure and visibility. This shop boasts approximately 97 sqm* of prime real estate, perfect for your business or as a lucrative investment.
Key Features:
- Excellent ROI: A fantastic return on investment with a reliable tenant and lease already in place.
- Strategic Location: Positioned on a main road, ensuring high foot traffic and accessibility.
- Room for Growth: With approximate measurements available, buyers are encouraged to verify details to ensure suitability.
Don't miss out on this prime investment opportunity! Now is the perfect time to buy commercial property.
For inspections and inquiries, contact Agent Matthew Kenny at 0413 743 876.
*Measurements are approximate and should be verified by the buyer.
Property Code: 973
This Liveability Score is a rating "out of 10" and a guide to how well connected properties within a local area are to facilities such as public transport, healthcare services, shopping outlets, schools and parkland. The scores apply to the local area (or "mesh block") in which a property is located. The scores are largely comprised of 2 main elements:
The overall Liveability Score is made up of smaller sub-scores, as described below.
The size of Mordialloc is approximately 4.4 square kilometres. It has 18 parks covering nearly 24.6% of total area. The population of Mordialloc in 2016 was 8166 people. By 2021 the population was 8886 showing a population growth of 8.8% in the area during that time. The predominant age group in Mordialloc is 40-49 years. Households in Mordialloc are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mordialloc work in a professional occupation.In 2021, 68.30% of the homes in Mordialloc were owner-occupied compared with 66.20% in 2016..
Mordialloc has 5,566 properties. Over the last 5 years, Houses in Mordialloc have seen a 17.70% increase in median value, while Units have seen a 15.20% increase. As at 31 May 2025:
198 Lower Dandenong Rd, Mordialloc is in the school catchment zone for Parkdale Secondary College and Parktone Primary School.
$1.38M
-1.80%
View Trend$710/W
3.11%
$737k
5.34%
View Trend$550/W
4.25%
Population 8,886
0-9
11%
10-19
13%
20-29
10%
30-39
14%
40-49
16%
50-59
14%
60-69
10%
70-79
6%
80-89
3%
90-99
1%
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