A/1056 Dandenong Road
Carnegie, VIC 3163

Overview

Prime Investment Opportunity With Exposure On Dandenong Road

This property represents a prime investment opportunity located in Carnegie's vibrant development precinct, boasting prominent frontage on Dandenong Road, also known as Princes Highway. The site is part of the recently developed '1060' mixed-use project by the internationally recognized developer MRCB Land.

The anchor tenant is the renowned dining establishment Panda Hot Pot, a global brand with over 400 locations across China, Japan, Malaysia, the United States, and Australia. Since opening their second Australian location in Carnegie in 2021, Panda Hot Pot has cultivated a loyal local customer base, ensuring steady foot traffic and enhancing the commercial appeal of the area.

Key features of the property include a total building area of 481 square meters, a high-quality fitout incorporated as landlord fixtures and fittings, and excellent visibility with an estimated 60,000 vehicles passing daily. The location benefits from proximity to the Koornang Road retail precinct, Carnegie Station, and Chadstone Shopping Centre, all within convenient distances.

The property is situated within a favorable Commercial 1 Zone (C1Z), supporting a variety of retail, showroom, bulky goods, and office uses. Additionally, the site offers nine allocated parking spaces, enhancing accessibility for tenants and customers alike.

Overall, this tenanted commercial asset offers a secure investment with a high-profile tenant in place, situated in a thriving and well-connected precinct.

• Leased to internationally recognized operator Panda Hot Pot
• Extensive high-quality fitout included as landlord fixtures and fittings
• Total building area of 481 square meters
• High-visibility main road location with significant daily traffic
• Part of the prestigious '1060' mixed-use development by MRCB Land
• Excellent parking provisions with nine allocated car spaces
• Close proximity to key retail and transport hubs including Koornang Road retail precinct, Carnegie Station, and Chadstone Shopping Centre
• Located within a Commercial 1 Zone (C1Z), allowing diverse commercial uses

All measurements and figures are approximate and indicative. Prospective investors are encouraged to conduct their own due diligence to verify details and suitability.

Location