LANDMARK FREEHOLD WITH VERSATILE COMMERCIAL & RESIDENTIAL STREAMS
64–68 Monbulk Road, Belgrave boasts an outstanding freehold opportunity to secure a tightly held commercial investment within one of the Dandenong Ranges’ most recognised and strategically positioned locations.
Offering a combination of long term commercial and residential income streams, this landmark property delivers immediate holding income together with exceptional future growth potential in a thriving tourism and lifestyle precinct.
Positioned prominently along Monbulk Road, one of the main gateways to the Yarra Valley, the property benefits from excellent exposure, strong accessibility and a versatile floorplan that supports a broad range of commercial and mixed-use applications. The substantial layout provides flexibility for occupiers while delivering security and stability for investors seeking a dependable long-term asset in a highly sought after Hills location.
Approximately 800 metres from Belgrave’s vibrant township, the property enjoys close proximity to an array of cafés, restaurants, retail amenities and essential services. The nearby Belgrave Train Station provides direct connectivity to metropolitan Melbourne, while the world renowned Puffing Billy Railway continues to attract significant year round tourist visitation to the area, reinforcing the area’s strong commercial appeal and long term demand.
Providing in excess of a 6.5% return the property is further enhanced by generous on site visitor parking, a valuable feature rarely found in this tightly held Hills locations.
This property represents a compelling investment opportunity combining secure returns, strategic positioning and the enduring appeal of one of Victoria’s most iconic tourist destinations.
Key Investment Highlights:
• In excess of a 6.5% return
• Landmark mixed use investment in the heart of the Dandenong Ranges
• Long term commercial and residential lease in place
• Prime, high exposure location along Monbulk Road
• Flexible floorplan offering versatility for multiple uses
• Strong tourism driven catchment with year round visitor activity
• Only 800 metres* to Belgrave Main Street and Train Station
• Close proximity to the iconic Puffing Billy Railway
• Excellent on site guest parking and accessibility
• Secure income stream with long term growth potential
PRICE: $1,250,000 – $1,350,000
Please note: Information provided has been obtained from sources believed to be accurate, however, we cannot guarantee information is accurate. Interested parties should make their own enquiries & obtain their own legal advice. We accept no liability for any errors or omissions (including but not limited to a property’s land size, floor plans, building age or condition).