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401 Centre Road
Bentleigh VIC 3204
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Sold on 25 Jul 2019

401 Centre Road Bentleigh VIC 3204

  • Shop & Retail
  • 1,153 m²
  • Sold

IS THIS CENTRE ROAD'S BEST PROPERTY? RARE BLANK CANVAS OPPORTUNITY NOT TO BE MISSED

  • Landmark investment of 1,153sqm*
  • Rare 743sqm* C1Z landholding
  • Favourable development potential (STCA)

+ Landmark Centre Road investment of 1,153sqm*, incorporating ground floor retail and two (2) levels of office

+ Potential fully leased annual income of at least $400,000* + GST + outgoings (Heads of Agreements available on request)

+ One of Centre Road's largest properties (24.4m* dual frontage), and arguably the best location with a Coles Supermarket immediately to the rear, the newly upgraded Bentleigh Train Station a 1 minute* walk away and national retailers Commonwealth Bank, Chemist Warehouse, ANZ and Priceline Pharmacy within 100m*

+ Rare 743sqm* Commercial 1 Zone landholding ideal for a ranges including office, retail, residential, medical or childcare (STCA), complimented by council car parking immediately to the rear

+ Given favourable development clauses, extraordinary opportunity to reposition the existing three (3) level building, or create an iconic mixed-use development of us to 5 storeys (STCA)

+ A unique opportunity to create the ultimate retail arcade thoroughfare connecting Centre Road's retail precinct to one of Victoria's strongest trading Coles Supermarkets

For further information please contact the exclusive sales and marketing agents:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au

*approx

Property Highlights

Date Sold25 Jul 2019
Floor Area1,153 m²
Land Area743 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017231893
Category
Last updated  1 Dec 2021
Map for 401 Centre Road Bentleigh VIC 3204

Property Highlights

Date Sold25 Jul 2019
Floor Area1,153 m²
Land Area743 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017231893
Category
Last updated  1 Dec 2021

Listed by

Jing Jun Heng
Jing Jun Heng
CBRE
Call
0411 059 116

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