Watch Watch
Your home of Development Ready videos
Watch Watch
Back
Sold Check

284-296 Centre Road, BENTLEIGH, VIC 3204

284-296 Centre Road, BENTLEIGH, VIC 3204

Bentleigh

×
Sold Check
+2 Photos

284-296 Centre Road, BENTLEIGH, VIC 3204

Bentleigh

SOLD
284-296 Centre Road, BENTLEIGH, VIC 3204

284-296 Centre Road, BENTLEIGH, VIC 3204

Properties / Sold / Victoria / Bentleigh
Development Potential
Property Type
Commercial, Mixed Use
Sub Type
Retail/Shopping Centre
Land Area
2,530 m² (*approx)
Zoning
Commercial 1 and Residential 1
Local Government
City of Glen Eira
Selling Method
SOLD: SOLD
Show All
MAJOR CENTRE DEVELOPMENT SITE WITH EXCELLENT HOLDING INCOME
  • 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

Read More
Development Potential

284-296 Centre Road Development Site Summary

Property Type
Commercial, Mixed Use
Sub-type
Retail/Shopping Centre
Land Area
2,530 m² (*approx)
Commercial 1 and Residential 1
Local Government
City of Glen Eira
Selling method
SOLD: SOLD

Development Site Highlights

MAJOR CENTRE DEVELOPMENT SITE WITH EXCELLENT HOLDING INCOME
  • 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

Read More
Development Potential

Finance Calculator

284-296 Centre Road, BENTLEIGH, VIC 3204

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 284-296 Centre Road, BENTLEIGH, VIC 3204

One moment please.

Retrieving map...

Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
284-296 Centre Road, BENTLEIGH, VIC 3204 Bentleigh