442 Centre Road, Bentleigh is perfectly located right in the heart of Centre Road's busy retail strip.
Amongst great company, the direct surrounding amenity includes Coles Supermarket, cafes, restaurants, fashion and other health/beauty operators. Centre Road now attracts a great demographic from Bentleigh as well as the neighbouring suburbs of Ormond and McKinnon.
In addition to this, the removal of the train crossing at Bentleigh station has now made traffic flow easy, attracting more customers than ever before.
Capital growth in this area has accelerated in the last 10 years underpinned by strong demographics of young families and young couples moving into the locality and spending money. The property is also two shops up from the new Eat Street Rotunda and plaza which is currently being constructed by council.
TENANCY DETAILS
* Leased to Aviance Gourmet Cookware & Gifts
* Total net income: $49,200 p.a. + GST
* Tenant pays all outgoings (excluding land tax)
* Lease expires 30th March 2023
* Fixed 2% increases throughout the lease and market at option
* Tenant has one (1) further options of two (2) Years
PROPERTY SUMMARY
* Total building area: 175sqm*
* Ground Floor: 130sqm*
* First floor mezzanine: 45sqm*
* Total land area: 200sqm*
* Frontage: 5.48m*
* Side courtyard
* Council Car Park at rear
* Commercial 1 zoning
* Two doors down from new Eat Street re-development
For further details or to arrange an inspection please contact:
James Glen 0401 493 277
Matt Nichols 0418 186 488
PLEASE NOTE:
* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.
* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.
