POINT OF INTEREST:
Ask anyone and they’ll say that in Melbourne’s loyal south-eastern suburbs, local businesses trump big corporates every day of the week. This is 200 sqm* of completely versatile commercial space, fully fitted for either retail, offices, or medical/consultation-based services. Offered with vacant possession, or with flexible lease terms of up to 5 years with the current tenant, Mandala Financial Services, returning $50,000 in annual lease income back in your pocket. A medical permit is already in place if you’re clinically inclined, however there’s also strong development potential with the ability to build up to 12 m* (or 3 storeys) from its current standing. Already included in the asset is a reception area, multiple private rooms, boardrooms, bathroom amenities with a shower, a full kitchen, plus an additional kitchenette. The rear laneway provides secure parking or the opportunity for further storage here, whichever suits your needs.
- 200 sqm* building area.
- 212 sqm* land area.
- Commercial 1 zoning.
- Air conditioning throughout.
- Offered with vacant possession, or with a new lease with the existing tenant.
- Currently returning $50,000 per annum net.
- Medical permit in place.
- 2 car spaces or storage area in garage.
- Strong mixed use development potential.
POINT OF VIEW:
The people of Bentleigh East fiercely celebrate their locals. Whether you're looking to invest, occupy or develop this is an asset that will be nurtured as affectionately as Saul’s sandwiches, the Merchants Guild, and St Peter's Football Club.
*Approx.
Pricing excludes GST
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