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14 Balcombe Road
Mentone VIC 3194
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14 Balcombe Road Mentone VIC 3194

  • Shop & Retail
  • 276 m²
  • For Sale, Contact Agent

Premium Freehold Investment With Multiple Tenancies

    Tsimos Commercial is delighted to offer this Premium and freshly refurbished freehold for sale.

    An exceptional opportunity to purchase a property that has been fully renovated with exceptional quality.

    This property brings Richmond architectural vibe into Mentone. A one of kind property masterfully designed and executed with Brilliance!

    Open plan, fantastic natural light and a unique modern fitout. A Premium Building with high class improvements having recently been meticulously refurbished, providing a total building area of 291sqm* plus three (3) on-site car spaces accessible via R.O.W.

    Ground Floor
    - Leased to nationally recognised De Lorenzo Hair Academy
    - 5 year lease no further options
    - Current total income: $68,655 per annum Net + GST & Outgoings.

    First Floor Tenancy
    - $27,190pa Net + GST + Outgoings
    - 2+1 Year lease
    - Artisan Digital Pty Ltd

    Level 1 Rear
    - Storage unit
    - $3,900 Gross Lease
    - 1+1 year lease

    - Total Income 2024: $99,745 per annum Net.
    - Income for 2025 is $101,494per annum Net

    - Land area of 276sqm*

    Close proximity to major arterial routes such as Nepean Highway, Warrigal Road, Beach Road and Lower Dandenong Road.

    Walking distance to Newly developed Mentone Train Station and Buses at your door step.

    Don't miss this rare opportunity to secure a premium quality renovated premise, with great tenants and strong income that will a great long term investment.

    Tsimos Commercial Real Estate
    Tsimos Commercial Real Estate
    1174 Nepean Highway
    Cheltenham, VIC 3192

    Property Highlights

    Floor Area276 m²
    Land Area291 m²
    Parking3 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019575973
    Category
    Last updated  14 Nov 2024
    Map for 14 Balcombe Road Mentone VIC 3194
    Tsimos Commercial Real Estate
    Tsimos Commercial Real Estate
    1174 Nepean Highway
    Cheltenham, VIC 3192

    Property Highlights

    Floor Area276 m²
    Land Area291 m²
    Parking3 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019575973
    Category
    Last updated  14 Nov 2024

    Co-Agents

    Matt Brown
    Tsimos Commercial Real Estate
    Call
    0418 599 486
    Andrew Pannam
    Tsimos Commercial Real Estate
    Call
    0433 518 555

    More about 14 Balcombe Road Mentone VIC 3194

    14 Balcombe Road Mentone VIC 3194 is categorized as Shop & Retail Property. It has a floor area of 276 m² and a land area of 291 m². There are 3 x onsite parkings.The listing ID for this property is 2019575973.

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