×
SOLD

115 Mentone Parade, Mentone, VIC, 3194

Development Potential
DETAILS

BAYSIDE HEADQUARTERS WITH SHORT TERM INCOME

  • Land area: 495 sqm approx
  • Building area: 325 sqm approx
  • Incl first floor office: 72 sqm approx

> Land area: 495 sqm approx
> Building area: 325 sqm approx
> Leased to Westpac Banking Corporation until December 2020
> Rental: $116,186 pa net + GST (As of Dec 2019)
> Dual street frontages – rear carpark
> Includes first floor office of 72 sqm approx
> Strong future development upside (STPA)

This is an exceptional opportunity to purchase a high calibre investment occupied by one of Australia’s leading companies, Westpac Banking Corporation.

Future ability to occupy or value add (STPA) provides flexibility to any astute investor.

The subject property is located on the eastern side of Mentone Parade, between Florence and Brindisi Streets, abutting a large Coles Supermarket.

It is ideally situated in the heart of one of Bayside’s most prominent commercial and retail precincts, Mentone Urban Shopping Village and just 100 metres from Mentone Station.

It is surrounded by high profile national tenants including Coles & Woolworths Supermarkets, NAB, Chemist Warehouse and Australia Post, a large number of trendy cafes, eateries, bars and restaurants are at your fingertips.

Call GrayJohnson today

Remember to mention you found this property on DevelopmentReady.com.au

DEVELOPMENT SITE SUMMARY
For Sale:
For Sale:
Contact Agent
Property Area
AREA:
495 m² (*approx)
Property Type
TYPE:
Commercial, Office, Office
Development Potential
DEVELOPMENT APPROVAL:
Commercial development Opportunity (STCA)

Due Diligence Tool

115 Mentone Parade, Mentone, VIC, 3194

Download your free DistrictData site summary to obtain:

  • Site Summary
  • Development Pipeline
  • Recent Transactions (where available)
  • Surrounding Amenity
Download Report
AGENCY DETAILS
SUBURBS AROUND THIS AREA
Enquire Now