For Sale

204a Main Road East, St Albans, Vic 3021

$1,150,000 - $1,250,000

House

Type

Bedrooms

Bathrooms

Parkings

Published on Wednesday, September 30, 2026 ( See property details for 204a Main Road East, St Albans, Vic 3021)

$1,150,000 - $1,250,000

View the agent price guide.

Adrian Kay Partner / Licensed Estate Agent

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A prime commercial investment opportunity in the heart of St Albans offering secure long-term income and redevelopment potential in a high-traffic retail precinct.

🏡 Property Highlights

High-exposure Main Road location with excellent street presence
Secure lease returning $57,231 annually with CPI increases
Long-term lease expiry in June 2038 ensuring stable income
Commercial 1 Zone with redevelopment potential
Surrounded by established retail businesses and strong foot traffic
Immediate cash flow with minimal landlord responsibilities

✨ Key Features

Open-Plan Living
Built-in Robes
Ensuite
Outdoor Area
Waterfront / Views
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Built in wardrobes
Pet-Friendly

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204a Main Road East

St Albans, VIC 3021

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Suburb and Property Insights of St Albans, VIC 3021

St Albans is a vibrant suburb in Melbourne's west, renowned for its strong retail and community presence, excellent public transport links, and high-growth potential. It offers a diverse mix of established businesses, affordable property options, and convenient access to major arterial roads, making it an ideal location for both investment and redevelopment opportunities. The area benefits from ongoing infrastructure development and a thriving local economy, ensuring long-term growth prospects.

Frequently Asked Questions

What is the current lease term and rental income for this property?

The property is leased until June 30, 2038, generating an annual income of $57,231 plus GST, with the tenant paying 100% of outgoings.

What redevelopment potential does the property offer?

Located within a Commercial 1 Zone, the property offers significant redevelopment potential subject to council approvals, making it suitable for various commercial or residential projects.

What are the key advantages of this investment?

This investment provides immediate cash flow, CPI-linked rent increases, a long lease term, and a high-exposure location with strong retail and community presence.

How accessible is the property via public transport?

The property benefits from excellent access to public transport and major arterial roads, ensuring high visibility and ease of access for customers and tenants.

Are there any upcoming developments or infrastructure projects in the area?

St Albans is experiencing ongoing growth with infrastructure improvements, which contribute to the area's long-term value and attractiveness for investment.

What to ask about this property to agent?

Are there any existing planning restrictions or zoning overlays that could affect redevelopment plans? What are the potential costs associated with property maintenance or upgrades? Are there any easements, covenants, or encumbrances on the land that could impact use or development? Has the property been assessed for flood or bushfire risks? Are there any upcoming planning or construction activities nearby that could affect the property’s value or accessibility? Is there any history of structural issues or repairs needed for the property? What are the strata or body corporate arrangements if applicable? Are there any hidden costs or fees associated with the lease or property ownership? Is the property compliant with all local building codes and regulations? What are the long-term prospects for the surrounding area’s growth and development?

204a Main Road East, St Albans, Vic 3021 - More Details

$1,150,000 - $1,250,000

An exceptional opportunity to secure a high-exposure freehold investment in the heart of thriving St Albans. Positioned along bustling Main Road East, this premium commercial property offers residential redevelopment potential and a strong holding income and long-term growth potential in one of Melbourne's most established retail precincts.

Currently leased to a secure tenant returning $57,231 per annum (or approximately $4,769 per calendar month), plus GST and 100% of outgoings.

The lease expires on June 30, 2038 - This is a true set-and-forget investment with immediate cash flow and minimal landlord responsibilities.

Strategically located within a tightly held shopping strip surrounded by established businesses, public transport, and strong local foot traffic, the property benefits from outstanding street presence and excellent accessibility.

Key Investment Highlights:

*Securely tenanted investment -
*Returning $57,2310 p.a. + GST + 100% outgoings
*CPI increases annually
*Tenant pays 100% of outgoings
*Lease expiry - June 30, 2038
*Zoning: Commercial 1 Zone
*Rear land access
*High-exposure Main Road location
*Strong surrounding retail and community presence
*Excellent access to public transport and major arterial roads
*Positioned within a high-growth western corridor

Whether you are a seasoned investor seeking a solid addition to your portfolio or looking to secure a blue-chip commercial asset in Melbourne's west, this is an opportunity not to be missed.

Type: House
Bedrooms: 1
Bathrooms: 1
Parkings: 2

Price guide

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Map & nearby places — 204a Main Road East, St Albans, Vic 3021

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204a Main Road East, St Albans, Vic 3021

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