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284-296 Centre Road, BENTLEIGH, VIC 3204

2. Property Highlights

  • Huge main road landholding of 2,530sqm*
  • Occupy / Develop / Subdivide / Invest
  • Two street frontages

Gorman Commercial is pleased to offer 284-296 Centre Road, Bentleigh for sale by Expressions of Interest closing Thursday 2nd March 2023 at 2pm.

This is a rare opportunity to acquire an outstanding main road landholding with enormous potential for purchasers to either occupy, develop, subdivide, or hold for investment.

Key benefits of this opportunity include:

* Significant land holding of 2,530 sqm (approx.)

* Building area: 1,192 sqm (approx.)

* Existing improvements comprise 6 retail shops + 42 car spaces

* Short-term Income: $423,861 pa + GST + outgoings (Expiry 29 June 2024)

* Zoning: Part Commercial 1 & Part Neighbourhood Residential 1 (providing a variety of options to purchasers (STCA)

* Two street frontages to Centre Road and Gilbert Grove

* Prominent retail frontage to Centre Road of 42+ metres

Located 400m from Bentleigh Train Station with immediate access to major arterials including Nepean Highway providing direct access to the Melbourne CBD (12.5km*) and Mornington Peninsula. This property is also surrounded by amazing lifestyle amenity, including bayside beaches (4kms), parklands and Chadstone/Southland Shopping Centres.

Remember to mention you found this property on DevelopmentReady

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3. Property Location

284-296 Centre Road, BENTLEIGH, VIC 3204

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4. Due Diligence

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284-296 Centre Road, BENTLEIGH, VIC 3204 Bentleigh