It is as rare as hen's teeth that you are able to secure a quality investment property in a prime location on Centre Road, on the preferred side of the street, a stones throw away from Bentleigh Train Station.
The surrounding area is home to a vibrant mix of businesses, including Coles and Aldi supermarkets, cafes, restaurants, fashion retailers, and health/beauty operators.
Centre Road draws a diverse demographic, from young professional couples, families and long-established residents. It also attracts visitors from neighbouring suburbs such as Ormond, Brighton and McKinnon, who frequent the strip.
The removal of the train crossing at Bentleigh station has significantly improved traffic flow, bringing more customers to the area than ever before.
With capital growth in this area accelerating over the past decade, driven by strong local demographics, the property is ideally positioned for continued growth - just steps away from Bentleigh Train Station and at the heart of this thriving strip.
Key features include:
* Rent $70,000 per annum
* Dual tenancies possible
* Live and work on Centre Road
* McKinnon Secondary College zoning
* Potential for multi-level development (STCA)
* Total building area: 160sqm*
* Front retail area: 81sqm*
* Upstairs residential dwelling
* Total land area: 244sqm*
* Flexible Commercial 1 zoning
* Rear access laneway
* The property is ideally suited to retail, hospitality, medical, beauty or office (STCA)
* Invest near other well known retailers including Australia Post, Artisanal Bakehouse, Flight Centre, Hunky Dory, major banks, Sonda and The Bentleigh Social.
For further details or to arrange an inspection please contact:
David McIntosh 0407 850 909
James Glen 0401 493 277
DISCLAIMER:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
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