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Overview
This property represents a quality, long-term investment opportunity within the highly sought-after Aerocorp Business Park. With prominent main road corner exposure, the site captures excellent visibility important for commercial ventures.
The premises consist of a modern cafe and restaurant, including a mezzanine level designed for alfresco dining, creating a versatile space that could appeal to a variety of hospitality operators.
Strategically positioned in the prime inner north-western region, the property benefits from a strong commercial and residential catchment with substantial supporting demographics. This establishes a steady customer base for tenants and enhances the investment's viability.
The building is currently securely leased to a thriving local restaurant, bar, and eatery establishing $120,000 per annum in rental income, indicative of the location's desirability and business potential. The tenancy structure promises reliable income for investors seeking stable returns.
Facility features include comprehensive kitchen amenities, an integrated cool room, and amenities across both levels, ensuring compliance with hospitality operational requirements. Multiple onsite car parking spaces accommodate customers and staff conveniently, while timed electric security gates add an important layer of controlled access.
Additional safety and security are provided by 24-hour CCTV surveillance, contributing to protection of assets and peace of mind.
Access logistics are excellent, with straightforward routes available to the Calder and Tullamarine Freeways as well as the Western Ring Road, enabling ease of distribution, staff commute, and customer access.
Overall, this property is an outstanding choice for investors looking for a quality commercial asset with a proven tenant and an excellent location in a well-established business precinct.
Local Market Insights
In Keilor Park, Quiet Listings observed 9 new commercial properties entering the market over the last 30 days, with an average advertised asking price of $1,089,222. The property type mix of listed properties is predominantly Houses at 44%, followed by commercial properties (25%), and townhouses (13%). Barry Plant was the most active agency monitored, representing 24.3% of all new listings monitored during the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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.
Change History
| Headline | When |
|---|---|
| For Sale $2,495,000 | |
| $2,495,000 |
Location
Keilor Park VIC 3042
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 394 m² |
Market Insights for Keilor Park VIC 3042
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.
