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Overview
This property presents a quality long-term investment opportunity located at a prominent main road corner within the highly sought-after Aerocorp Business Park in Keilor Park.
The premises feature a modern cafe and restaurant setup including a mezzanine level designed for alfresco dining, offering an attractive and functional hospitality environment.
Situated in a prime inner north-western location, the site benefits from a large surrounding commercial and residential catchment that underpins continued demand and patronage.
The property is securely leased to a thriving local restaurant, bar, and eatery for $120,000 per annum, providing stable rental income.
- Comprehensive kitchen facilities are included to support restaurant operations.
- An integrated cool room is part of the infrastructure, essential for food storage and management.
- Amenities are provided across both levels ensuring convenience and compliance with commercial standards.
- On-site multiple car parking spaces enhance accessibility for customers and staff.
- Timed electric security gates provide controlled and safe entry to the premises.
- The property is monitored by 24-hour CCTV surveillance ensuring security and peace of mind.
- Excellent access to major transport routes including Calder and Tullamarine Freeways and the Western Ring Road adds to the property's logistical advantages.
This investment is ideal for buyers seeking a stable asset within a dynamic and growing commercial precinct, combining good occupancy with strong infrastructural support and accessibility.
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.