929 Riversdale Road,
Surrey Hills, VIC 3127
Shops & Retail • Hotel, Motel & Leisure
Key property information
Land area
Floor area
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Map of 929 Riversdale Road
Prime Corner Freehold with Income & Upside
For Private Sale | Freehold | Secure Tenant in Place
Exclusively presented by Professionals First&Co., this high-exposure corner site offers a rare opportunity to secure a tightly held freehold property in the heart of vibrant Surrey Hills. Positioned at the intersection of Riversdale Road and Through Road, this property boasts 34.9 metres of combined street frontage*, delivering exceptional visibility and foot traffic.
With direct access to South Surrey Park, public transport at your doorstep, and a council car park next door, the location is second to none — ideal for investors, owner-occupiers, or developers seeking long-term potential (STCA).
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🌟 Key Highlights:
• 📍 Prime Corner Position: Dual exposure to Riversdale Rd & Through Rd
• 💰 Strong Income Stream: Returning $67,531 p.a. + outgoings + GST
o Annual increases of 3%
o Lease until Jan 2027, with one (1) further 3-year option
• 📐 Land Area: 214sqm* | Building Area: 143sqm* | Outdoor Area: 56sqm*
• 🏠 First-Floor Residence: Ideal for work-life balance or additional income
• 🚗 Rear Lane Access (ROW) + Commercial 1 Zoning — unlocks a range of uses and development options (STCA)
• 🚉 Excellent Connectivity: #70 tram and #766 bus stop directly outside
• 🅿️ Next to Council Car Park — convenient parking for customers and staff
• 🎓 Close to top-tier school zones and surrounded by thriving local businesses
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✅ Investment Features:
• Rare freehold in a high-demand inner-east location
• Stable cash flow with built-in rental growth
• Versatile use and strong future development potential (STCA)
• High-visibility location in one of Melbourne's most desirable lifestyle pockets
________________________________________
📞 For further details or to arrange a private inspection, please contact the exclusive agents at Professionals First&Co.
Photo ID required at all open for inspections.
Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
Exclusively presented by Professionals First&Co., this high-exposure corner site offers a rare opportunity to secure a tightly held freehold property in the heart of vibrant Surrey Hills. Positioned at the intersection of Riversdale Road and Through Road, this property boasts 34.9 metres of combined street frontage*, delivering exceptional visibility and foot traffic.
With direct access to South Surrey Park, public transport at your doorstep, and a council car park next door, the location is second to none — ideal for investors, owner-occupiers, or developers seeking long-term potential (STCA).
________________________________________
🌟 Key Highlights:
• 📍 Prime Corner Position: Dual exposure to Riversdale Rd & Through Rd
• 💰 Strong Income Stream: Returning $67,531 p.a. + outgoings + GST
o Annual increases of 3%
o Lease until Jan 2027, with one (1) further 3-year option
• 📐 Land Area: 214sqm* | Building Area: 143sqm* | Outdoor Area: 56sqm*
• 🏠 First-Floor Residence: Ideal for work-life balance or additional income
• 🚗 Rear Lane Access (ROW) + Commercial 1 Zoning — unlocks a range of uses and development options (STCA)
• 🚉 Excellent Connectivity: #70 tram and #766 bus stop directly outside
• 🅿️ Next to Council Car Park — convenient parking for customers and staff
• 🎓 Close to top-tier school zones and surrounded by thriving local businesses
________________________________________
✅ Investment Features:
• Rare freehold in a high-demand inner-east location
• Stable cash flow with built-in rental growth
• Versatile use and strong future development potential (STCA)
• High-visibility location in one of Melbourne's most desirable lifestyle pockets
________________________________________
📞 For further details or to arrange a private inspection, please contact the exclusive agents at Professionals First&Co.
Photo ID required at all open for inspections.
Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
Surrey Hills, 3127 demographic data
The median household income for Surrey Hills is $2,503, 32% higher than Greater Melbourne's household income of $1,901. Surrey Hills has an older age profile compared to the rest of Greater Melbourne (median age 42 vs 37). Property ownership data shows 45% of property owners in Surrey Hills have a mortgage.
13,655
Population
$2,503 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
929 Riversdale Road
Surrey Hills, VIC 3127
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