$699,000 excl. of GST, GET IN WHILE ITS HOT.

Sale Details

Sold on 27 Oct 2026 for $650,000

Description

POINT OF INTEREST:

Fifty years is a long time between servings, and this High Street Road freehold is finally back on the menu. Available to market, Compact, visible, and already income-producing, 1304 delivers a 90 sqm* retail shop on 135 sqm* of Commercial 1 zoned land, currently fitted and operating as One Stop Bakery under a flexible monthly tenancy. For investors, it offers immediate holding income with the option to renegotiate, reset, or reposition over time; for owner-occupiers, it presents a manageable retail freehold with enough frontage to be noticed and enough flexibility to suit food, medical, office, service, or other commercial uses. The 6.1 m* x 22.1 m* landholding also leaves room for future value-add thinking, including potential upper-level improvement (STCA), while the established Wantirna South catchment keeps the address supported by local residents, passing traffic, and surrounding retail amenity. More specifically, you’ve got the Eastlink only 700 m* away, Burwood Highway a little further at 1.5 km*, and Ferntree Gully Road at 2.9 km*.

- Highly motivated vendor.
- 90 sqm* total building area.
- 135 sqm* total land area with dimensions of 6.1 m* x 22.1 m*.
- Tightly held retail freehold offered for the first time in more than 50 years.
- Leased to One Stop Bakery on a flexible monthly tenancy.
- $4,400 per month in gross leasing income including GST.
- Broad future use with potential value add of an additional floor (STCA)
- 700 m* to the Eastlink.
- 1.5 km* to the Burwood Highway.
- 2.9 km* to Ferntree Gully Road.


POINT OF VIEW:

Fifty years off-market tends to say more than any brochure can. This little High Street Road freehold has stayed put, paid its way, and now finally leaves the door open for those committed to investing in some dough.



*Approx.
Pricing excludes GST