77 Brice Avenue, Mooroolbark, Vic 3138

Retail investment in Melbourne’s outer east

GrayJohnson is pleased to bring to auction on Wednesday 13th August, this high quality retail property occupying a prominent position in Mooroolbark’s busy town centre. With a secure lease to a successful pharmacy business, this well-presented and well-located property represents a solid investment with ongoing returns.

This building is a single storey retail shop with a 4.8 m* frontage and prominent signage. It is fully self-contained with a small kitchenette and bathroom facilities. With a quality tenant and a current lease expiring on 30 April 2028 plus a further five-year option, this property offers outstanding value at an affordable price.

Key features
•	Building area 92 sqm*  on land 95 sqm*
•	Leased to a successful pharmacy 
•	Lease ends 30/4/28 with further 5-year option
•	Returning $41,881.22 pa net plus GST

Mooroolbark is nestled in the foothills of the Dandenong Ranges, approximately 30 kilometres east of Melbourne. With parklands and playgrounds bordering the central shopping area, along with the local community centre and library, the town centre has a real sense of a bustling community hub.

This property is situated in the heart of Mooroolbark Village Shopping Centre, just doors from the Coles Supermarket and is surrounded by a mix of neighbourhood shops, food businesses, and services including Australia Post and Bendigo Bank. The new Mooroolbark railway station, on the Lilydale line, is just across from the premises’ rear entrance and there is ample council car parking throughout the precinct.

Location
•	Thriving town centre position with high foot traffic
•	Steps to Mooroolbark railway station
•	Surrounded by council car parking
•	Easy access to Maroondah Highway, Mount Dandenong Road and EastLink

*approx.