The best commercial properties for sale in the eastern suburbs

Aspiring entrepreneurs or business owners looking to upgrade or expand to the outer east have plenty of prime real estate to choose from. Here are some of the best properties up for grabs.

Prospective business owners looking for a prime retail spot or an expansion into the outer east have multiple properties available for selection.

Whether you are looking to open a luxury hotel or winery in the breathtaking Yarra Valley or a business in the heart of the suburbs, here are some of the properties for sale in the east.

41- 43 Ringwood St, Ringwood

For the first time in 27 years, this two-storey freestanding commercial building has been listed for sale.

The building has hosted a range of government tenants including an Australian Electoral Commission office that has been leasing part of the building for 26 years.

41- 43 Ringwood St, Ringwood has been listed for sale for the first time in 26 years. Picture: Supplied.

The property sits across the road from Eastland and five minutes from Ringwood station in the heart of the Ringwood Metropolitan Activity Centre.

The prime positioned building also includes more than 60 underground car parks.

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28-30 St Huberts Rd, Yering

This 138ha estate in the heart of the Yarra Valley has previously been used for cattle breeding but could be transformed into a luxury hotel, restaurant, cellar door or function centre.

The estate comes with two homes. Supplied.

The property includes a four bedroom main residence, 1.3km of Yarra River frontage, a three bedroom manager’s residence, a 480sq m hay shed, steel cattle yards, 17 paddocks and more than 65,000 trees.

The property is a 10 minute drive from Lilydale and one hour to Melbourne.

336 – 364 Maroondah Hwy, Healesville

The former Matilda Bay Brewpub site was listed for sale after the “difficult decision” by the owners to close its doors in May, 2024.

The former Matilda Bay Brewpub site has been listed for sale. Picture: Supplied.

“This spectacular property provides the ultimate flexibility to create a landmark hospitality, weddings and events venue in the heart of Victoria’s world renowned Yarra Valley food and wine region,” the listing read.

It has licensed capacity for 793 patrons, on-site carparking and 2203 sq m of trading space.

The property has been vacant since May.

486 Ringwood-Warrandyte Rd, Warrandyte

Formerly the Smart @ Me Cafe, this corner property includes a three bedroom home with a retail space attached.

The Warrandyte property is a home with a retail space attached. Picture: Aston Real Estate

“It is an ideal proposition for owner-occupiers, investors, or developers looking to purchase in the outer east,” the listing read.

The property is 808 sq m.

52 Forest Rd, Ferntree Gully

Sitting on the corner of a popular retail strip on Forest Rd, this property is ideal for expanding or starting a business.

This property is ideal for starting or expanding a business. Picture: Supplied.

It sits 200m from the Ferntree Gully train station and has side, front, and 14 shared spaces of rear parking in the back.

The 115sq m property included a freshly painted interior, kitchenette, heating and cooling system, and a security system.

1-13 Erica Ave, Boronia

This property is ripe for development with a planning permit approved for a supermarket, two retail shops, 50 apartments and basement carparking.

This property is located in the heart of Boronia. Picture: Supplied.

The proposed five-storey development is located in the Boronia Activity precinct and sits opposite the Boronia Junction Shopping Centre and 50m from the train station.