Historic Freehold Investment in Kallista’s Village Heart
Offering secure long-term income via an established blue-chip tenancy and exceptional future growth potential, this significant Kallista freehold presents a rare opportunity to secure one of the Dandenong Ranges' most tightly held commercial investments.
Occupying a substantial 1,012sqm (approx.) Commercial 1 Zoned (C1Z) allotment with commanding frontage to Monbulk Road, the character-rich property has served the community since 1921 and enjoys exceptional exposure within Kallista's vibrant village centre, benefiting from strong local patronage and a thriving year-round tourism economy.
The current tenant is in the tenth year of a 5 x 5 x 5-year lease, with a further five-year option due in August, providing investors with secure holding income and long-term leasing certainty. Beyond its immediate investment credentials lies exciting long-term potential to further enhance the offering, subject to council approval and existing lease arrangements.
Surrounded by established hospitality venues, boutique retailers and nationally recognised tourist attractions, the property benefits from a location synonymous with tourism, dining and lifestyle. Belgrave, Monbulk, Olinda, Sassafras and the Yarra Valley are all within easy reach, while nearby public transport, including bus services and Belgrave Railway Station, enhances accessibility.
Whether you're seeking a blue-chip passive investment, a landmark freehold with long-term capital growth potential, or a generational asset to hold for decades, opportunities of this calibre are exceptionally rare.
Commercial Highlights:
- 1,012sqm (approx.) freehold commercial property (business not included in sale) in The Dandenong Ranges
- Commercial 1 Zone (C1Z)
- Long-term lease to an established blue-chip tenant
- Current passing rent: $50,547.90 p.a. + GST
- Tenant currently in year 10 of a 5 x 5 x 5-year lease with further 5-year option due in August
- Secure and reliable commercial income stream with future growth potential
- Situated within a well-established tourism precinct with sustained year-round visitation.
- Convenient customer street parking at the doorstep
- High-profile Monbulk Road location with exceptional street front exposure
- Kallista is 36 km southeast of Melbourne, Australia and is surrounded by the Dandenong Ranges National Park
- Close to Belgrave, Monbulk, Olinda and the Yarra Valley, nearby bus services and Belgrave Railway Station
- Moments from the Team Rooms, the Organic Market, George Tindale Memorial Gardens and the Dandenong Ranges' renowned cafés, restaurants and tourist attractions.
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.