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816 Ballarat Road
Deer Park, VIC 3023

$2,200,000 To $2,400,000

Commercial 899 m²
Listed Date: 19th May 2026
Overview

One of a Kind

Located at 816 Ballarat Road in Deer Park, this property presents a prime investment opportunity with a secure long-term tenant in place. The property is home to the well-established Delicious House restaurant, which operates under a long-term commercial lease, providing a stable and attractive rental income.

The site occupies approximately 899 square meters of valuable residential-zoned land, offering a unique blend of commercial investment with a residential land component. This combination provides investors with strong rental returns, significant land value, and promising future development potential subject to council approval.

Key features of this property include:

  • A secure long-term commercial lease to Delicious House, ensuring consistent income.
  • Annual rental return of approximately $82,268.16, reflecting the property's strong income-generating capability.
  • High-profile location on the busy Ballarat Road, providing excellent exposure and visibility.
  • Generous land holding of approximately 899 square meters, offering potential for future development or redevelopment (subject to council approval).
  • Rare opportunity to acquire a commercial investment with a residential land component, enhancing its appeal and versatility.
  • Strong passing traffic and exposure, making it an attractive location for business and investment.

This property represents a one-of-a-kind chance for investors seeking immediate income combined with long-term capital growth potential in a rapidly developing western corridor of Melbourne. Its tightly held status and strategic location make it a valuable asset for both current investment and future development prospects.

Overall, 816 Ballarat Road is an exceptional offering for investors looking to secure a high-exposure commercial property with a reliable tenant and significant land value in Deer Park.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
816 Ballarat Road
Deer Park VIC 3023
Market Insights for Deer Park VIC 3023
New Listings (last 30 days)
7
Average price
$1,022,857
Lowest price
$620,000
Highest price
$1,900,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.