This exceptional investment opportunity is prominently located in the heart of Moonee Ponds on the corner of Mt Alexander Road and Dean Street less than 6 kilometres northwest of theMelbourne CBD. This multi-tenanted commercial asset can provide secure income in the medium to long term with significant future development upside with a favourable activity centre 1 zoning.

Modern fully fitted two-level building with basement and 28 car spaces.

Features include:

• Net annual return: $862,087.33

• Anchor tenant: Moonee Valley Racing Club Pty Ltd

• Total building area: 2,590 sqm*

• Total land area: 1,942 sqm*

• Zoning: Activity centre zone (ACZ1)

• WALE (by income): 4.48years

• High exposure with over 100 metres of combined frontage to Mt Alexander and Dean Street

* Approximately