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401-407 Centre Road, Bentleigh

Is this Centre Road's best property? Rare 'blank canvas' opportunity not to be missed!
  • Land Area:
    743 m2
  • Floor Area:
    1,140 m2
  • Whole or Part of Building:
    Whole Building
  • Tenancy:
    Vacant Possession
  • Zoning:
    Commercial 1 Zone

OVERVIEW

  • 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 (based on existing Heads of Agreements)
  • One of Centre Roads 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 surrounded by national retailers including Commonwealth Bank, Chemist Warehouse, ANZ and Priceline Pharmacy
  • Rare 743sqm* Commercial 1 Zone landholding ideal for a range of uses 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 up to 5 storeys (STCA)

For Sale via public auction as part of the CBRE Premium Property Portfolio Auction to be held at Zagame Ferrari, Level 1, 430 Swan Street Richmond, Vic on 25th July 2019 from 6.00pm (AEST)

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