86-88 Balcombe Rd Mentone VIC 3194

JLL Retail Investments has the exclusive privilege of offering for sale Club Lime Mentone, a high-yielding investment opportunity strategically located in one of Melbourne's affluent Bayside suburbs.

The property is located opposite the recently upgraded Mentone train station, part of a $3B upgrade of the Frankston line and less than 20km* from the Melbourne CBD.

The property offers a landlord favourable 15-Year NET Lease structure providing along with attractive fixed annual rental growth.

Key details of the opportunity include:
+15-year NET Lease to Viva Leisure (ASX: VVA) commenced July 2022
+ Prominent 2,172sqm* retail showroom + 67 basement car parking (on title)
+ High profile corner location, with 53m* of retail frontage
+ Landlord favourable NET lease and fixed annual rental increases
+ Strategically located opposite Mentone train station and in close proximity to Mentone Shopping Village
+ Affluent Bayside location, less than 20km* from the Melbourne CBD

*Approx.

Club Lime Mentone is being offered for sale via an Expressions of Interest campaign closing Thursday 20 th March 2025 at 3pm (AEDT)

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Jarrod Herscu | 0418 155 062
Tom Noonan | 0402 219 698
Xander Yeo | 0487 656 141
Dominic McGrath | 0416 440 525

Leased to ASX listed Health Operator, Viva Leisure (ASX: VVA)
15-Year NET Lease
Fixed Annual Increases