Beachside Investment with Bayside's Favourite Gelato Tenant
Perfectly positioned just metres from the beach, this affordable retail investment is home to Davey Mac’s, the Bayside icon known for its artisan ice cream, gelato, and ice cream cakes.
Located in the heart of Black Rock Village, 602 Balcombe Road enjoys prime exposure on one of Melbourne’s most sought-after retail strips. Directly opposite a pedestrian crossing, the property captures steady foot traffic from locals, beachgoers and visitors to this thriving precinct.
With a secure lease in place to a long-standing, well-regarded tenant, and a return that outperforms typical residential investments, this property presents the perfect entry-level commercial investment or SMSF opportunity.
Key features include:
* Ground floor shop: 90sqm*
* Leased to Davey Mac’s – established Bayside gelato retailer since 2011
* Rental: $44,407 p.a. (effective 1 January 2026)
* Fixed 3% annual increases, market review at option
* Secure 3 + 3 year lease, tenant pays outgoings (excl. land tax)
* Excellent exposure on Balcombe Road, directly opposite pedestrian crossing
* Prime beachside position near Woolworths Metro and True South
* Commercial 1 zoning – GST not applicable, as being sold as a going concern
For further details or to arrange an inspection please contact:
Matt Nichols 0418 186 488
David McIntosh 0407 850 909
DISCLAIMER:
* All information and measurements are approximate and should not be relied upon as accurate. The stated net internal area of the premises is provided as an indicative estimate only and is not a substitute for carrying out precise measurements. Interested parties should refer to the Contract of Sale and/or Lease documentation for definitive details. All images are subject to copyright.
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