PREMIUM RETAIL | MEDICAL | PROFESSIONAL INVESTMENT
Location. Exposure. Flexibility & Endless Opportunity.
Think Doncaster and you immediately think Westfield Doncaster — one of Melbourne’s most established and tightly held retail destinations.
Now imagine owning a commercial property positioned literally hundreds of metres from Westfield Doncaster, diagonally opposite one of Melbourne’s busiest retail destinations, and prominently positioned at the Doncaster Road & Tram Road intersection.
This is a location that works for you every day.
With exceptional exposure to passing traffic, surrounding residential density and a huge established retail and commercial catchment, these 165sqm strata commercial suite* presents an outstanding opportunity for an investor, owner-occupier or astute business operator.
The property demonstrates the enormous versatility of the space and its suitability for a wide range of uses including medical, allied health, beauty, professional services, consulting, accounting, retail and other commercial applications (STCA).
A LOCATION THAT DOES THE MARKETING FOR YOU
Positioned directly opposite Westfield Doncaster, the property benefits from an enormous established customer and business catchment, with over 15.7 million visitors annually*.
The Doncaster Road and Tram Road intersection provides exceptional visibility and accessibility, with approximately 31,000 vehicles passing daily — giving your business or tenant exposure that would be extremely difficult and expensive to replicate.
Add more than 210 apartments directly above, surrounding high-density residential development and multiple established apartment complexes nearby providing you thousands of more potential clients, and you have a genuine captive market on the doorstep.
INVESTMENT + OWNER-OCCUPIER APPEAL
For investors, the property offers the potential for an attractive commercial return, with the previous lease returning approximately $90,000 per annum gross plus outgoings, for an owner-occupier, it provides something equally valuable — the opportunity to secure your own commercial premises in one of Melbourne’s most tightly held and strategically positioned commercial precincts, and importantly, the property isn’t locked into one business model.
Medical today. Professional consulting tomorrow. Beauty, allied health, accounting or retail in the future. The flexibility is there to adapt as your business or investment strategy evolves.
KEY PROPERTY FEATURES:
● 165 sqm total area*
● Includes approximately 38sqm private outdoor area*
● Activity Centre Zoning
● Exceptional exposure and prominent position
● Frontage to the Doncaster Road & Tram Road intersection
● Approximately 31,000 vehicles passing daily
● Previous lease returning approximately $90,000 p.a. gross + outgoings
● Suited to buyers seeking approximately 5–6% yield
● 2 secure allocated car spaces
● 17 visitor car spaces on site
● More than 210 apartments directly above
● Directly opposite Westfield Doncaster
● Westfield attracts more than 15.7 million visitors annually*
● Approximately 400m to the Eastern Freeway
● Multiple freeway entry and exit points
● Approximately 13.7km to Melbourne CBD*
● Close to Box Hill Central and Box Hill Railway Station
● Ideal for medical, allied health, professional, retail and consulting uses (STCA)
● No GST applicable
● Going concern
A RARE OPPORTUNITY IN A HIGH-DEMAND LOCATION
Commercial properties offering this combination of exposure, accessibility, residential density, parking, flexibility and proximity to Westfield Doncaster are exceptionally difficult to secure.
Whether you’re looking to strengthen an existing commercial portfolio, secure your own premises, establish a medical or professional practice, or acquire a high-exposure investment, this property deserves your attention.
Opportunities in locations like this don’t come along often.
All of our agents have the experience and local knowledge to guide you
Whether selling or investing, an appraisal of value will give you the confidence to make an informed decision
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