Retail A/1056 Dandenong Road, Carnegie, Vic 3163

RWC (Oakleigh) proudly presents an exceptional investment opportunity with prominent main road frontage along Dandenong Road (Princes Highway), part of Carnegie's dynamic development precinct. Located within the prestigious, recently developed '1060' mixed-use project by renowned international developer MRCB Land.

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)

The property's anchor tenant, 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.

Set within Carnegie's rapidly expanding commercial hub, this 481m²* ground floor retail space benefits from close proximity to key amenities, including Carnegie Railway Station, the iconic Chadstone Shopping Centre, and Monash University's Caulfield Campus. Additional conveniences such as the Koornang Road shopping village and multiple public transport options are within walking distance making this property an ideal investment for years to come.

Property Highlights:

• Property only for sale
• Leased to world renowned tenant "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* per annum (As at Feb 2025)
• Total building area | 481m²*
• High-visibility main road location with 60,000* cars passing by daily
• Coveted Commercial 1 Zoning (C1Z), allowing for a wide range of uses (STCA)
• Located within the high-profile '1060' mixed-use development by renowned international developer MRCB Land
• Excellent parking provisions with 9 allocated car spaces
• Immediate access to local amenities including Koornang Road's retail precinct (300m*), Carnegie Train Station (400m*) and Chadstone Shopping Centre (2.2km*)

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 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.