45 Patterson Road Bentleigh VIC 3204

The suburb of Bentleigh has undergone a serious growth boom in recent years.

McKinnon Secondary College, the upgrade of Bentleigh train station and the multiple new apartment developments emerging is attracting more and more young couples and families to the area who love getting their coffee fix each day.

The Patterson Road shopping strip is tightly held with historic low levels of vacancy and more importantly very few options on the coffee front!

* Net rental: $37,842 p.a. + Outgoings ($39,355 as at April 2021)
* Secure lease through until April 2023
* Leased to established business Caffe Crema
* Fixed 4% increases throughout lease
* Tenant has one (1) further option of five (5) years
* Future residential development site
* Two (2) level stand alone shop and dwelling
* Total building area: 150sqm*
* Total land area: 207sqm (approx.)
* Rear laneway access via two side streets
* Invest now, develop later (STCA)
* Kitchen, toilet & storage rooms
* Two (2) upstairs bedrooms

For further details or to arrange an inspection please contact:

James Glen 0401 493 277
Matt Nichols 0418 186 488

PLEASE NOTE:

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.