Gross Waddell ICR is pleased to offer 984 & 986 Doncaster Road, Doncaster East for sale.

Positioned within one of Melbourne’s most tightly held eastern metropolitan precincts, this exceptional offering presents a rare opportunity to acquire one or both freehold properties situated on prominent Commercial 1 Zoned landholdings.

984 Doncaster Road: Chicken Rice King
• Three-year lease with options through to December 2030
• Rental income: $53,641 p.a.* + GST
• Building Area: 111 sqm*
• Land Area: 219 sqm*

986 Doncaster Road: Thai Eat
• New 3+3+3 year lease Commencing 1 July 2026
• Rental income: $64,000 p.a.* + GST
• Building Area: 112 sqm*
• Land Area: 219 sqm*

Key Investment Highlights:
• Secure existing income with future rental growth potential
• Flexible investment, future owner-occupation, or redevelopment opportunity (STCA)
• Situated within an established commercial and retail precinct
• Tightly held retail location with immediate access to public transport, including bus services and the Eastern Freeway
• Strategically positioned just moments from Doncaster East Secondary College and benefiting from an abundance of nearby public parking
• Located within one of Melbourne’s most sought-after education precincts, surrounded by highly regarded schools and underpinned by a strong residential market, with a median house price of approximately $1.6 million* (Source: REIV)

*Approximate

Opportunities to acquire adjoining freehold assets of this scale, flexibility, and prominence along Doncaster Road are exceptionally rare.

For further information or to arrange an inspection, please contact the exclusive selling agents at Gross Waddell ICR.