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

684-686 Centre Road, Bentleigh East, VIC, 3165

684-686 Centre Road, Bentleigh East, VIC, 3165

Bentleigh East

×
Sold Check
+2 Photos

684-686 Centre Road, Bentleigh East, VIC, 3165

Bentleigh East

SOLD
684-686 Centre Road, Bentleigh East, VIC, 3165

684-686 Centre Road, Bentleigh East, VIC, 3165

Properties / Sold / Victoria / Bentleigh East
Development Potential
Property Type
Commercial
Land Area
424 m² (*approx)
Selling Method
For Sale: Contact Agent
Show All
Two Shops on One Title - Invest Now Develop Later - Options Galore!

The subject property is located in the southeastern suburb of Bentleigh East some 14 kilometres from the Melbourne CBD centre. The site is positioned on the southern side of Centre Road and enjoys R.O.W rear laneway access.

Located within the heart of the vibrant Bentleigh East shopping strip and surrounded by established and national retailers.
684 Centre Rd - 125 sq.m
686 Cnetre Rd - 125 sq.m

Land Area of 424 sq.m

Key Characteristics:

  • Ideal development/ investor opportunity in tightly held market
  • 4-5 level Development Potential (STCA)
  • High profile land area of 424 m2 with nearly 12 metres frontage
  • Two individual shops of approximately 125 m2 each
  • Flexible Commercial 1 Zone
  • Leased until 2024 with income of $56,211.92 p.a net (plus outgoings and GST)
  • Highly sought after Blue Chip Location
  • No GST payable on sale
  • First time offered in over 60 years

Located within the heart of the vibrant Bentleigh East shopping strip and surrounded by established and national retailers. The area has seen a boom in residential and commercial property values particularly in the last 10 years, and is earmarked for continued strong income and capital growth prospects in the future.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

684-686 Centre Road Development Site Summary

Property Type
Commercial
Land Area
424 m² (*approx)
Selling method
For Sale: Contact Agent

Development Site Highlights

Two Shops on One Title - Invest Now Develop Later - Options Galore!

The subject property is located in the southeastern suburb of Bentleigh East some 14 kilometres from the Melbourne CBD centre. The site is positioned on the southern side of Centre Road and enjoys R.O.W rear laneway access.

Located within the heart of the vibrant Bentleigh East shopping strip and surrounded by established and national retailers.
684 Centre Rd - 125 sq.m
686 Cnetre Rd - 125 sq.m

Land Area of 424 sq.m

Key Characteristics:

  • Ideal development/ investor opportunity in tightly held market
  • 4-5 level Development Potential (STCA)
  • High profile land area of 424 m2 with nearly 12 metres frontage
  • Two individual shops of approximately 125 m2 each
  • Flexible Commercial 1 Zone
  • Leased until 2024 with income of $56,211.92 p.a net (plus outgoings and GST)
  • Highly sought after Blue Chip Location
  • No GST payable on sale
  • First time offered in over 60 years

Located within the heart of the vibrant Bentleigh East shopping strip and surrounded by established and national retailers. The area has seen a boom in residential and commercial property values particularly in the last 10 years, and is earmarked for continued strong income and capital growth prospects in the future.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

684-686 Centre Road, Bentleigh East, VIC, 3165

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 684-686 Centre Road, Bentleigh East, VIC, 3165

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
684-686 Centre Road, Bentleigh East, VIC, 3165 Bentleigh East