359 Centre Road, Bentleigh, VIC 3204

Retail | Offices

For Sale Auction ($750,000 - $825,000)

Auction: Wednesday, Sep 18, 11:00 AM

  • Property ID: 447633
  • Floor Area: 131m²
  • Occupancy: Tenanted
Prime Investment Opportunity in Bentleigh ($750,000 - $825,000)

RWC (Oakleigh) presents 359 Centre Road, Bentleigh to the market for sale available via a public auction on Wednesday 18th September 2024 at 11:00am.

This prime retail investment located in the heart of Bentleigh's bustling shopping village is situated just 50m* from Bentleigh Train Station and near the corner of Nicholson St.

Being offered with a brand new 2 + 2 year lease, this is a set and forget investment in a highly sought after Bayside location.

Key Property Benefits:

• Total Building Area |131m²*
• Single-Level Retail Premises with exceptionally high internal ceilings
• New 2 + 2 year lease
• Returning $45,000 p/a plus GST & Outgoings
• Rear access with 1 car space
• Excellent exposure and foot traffic
• 50m* from Bentleigh Train Station
• Terms | 10% deposit, 30 - 90 days

Bentleigh Shopping Village is well known for its vibrant retail scene, the village features a wide range of specialty shops, cafes, and essential services. It is a popular destination with a strong community atmosphere and consistent foot traffic, making it an attractive location for businesses and property investment alike.

The property is conveniently located near Bentleigh Train Station, offering easy public transport access. Additionally, major arterials like Nepean Highway and Centre Road provide seamless connectivity to surrounding areas and Melbourne's CBD.

Don't miss this chance to secure a valuable asset in one of Melbourne's thriving retail precincts.

Inspection Times:

• Tuesday 27th August | 1:00PM - 1:30PM
• Tuesday 3rd September | 1:00PM - 1:30PM
• Tuesday 10th September | 1:00PM - 1:30PM
• Tuesday 17th September | 1:00PM - 1:30PM
• Wednesday 18th September | 10:30AM - 11:00AM (Auction Day)

For further information and to obtain a copy of the contract of sale or information memorandum, please contact one of the exclusive marketing agents below:

Ryan Amler | 0401 971 622
Anthony Anastopoulos | 0488 095 057

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Bentleigh Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $177 ---
Retail $6838 $418 6.12%
Offices $5344 $414 7.75%
This is the average advertised price, rent and yield for Bentleigh, VIC 3204*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Floorplans

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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