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951 Centre Road
Bentleigh East VIC 3165
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Sold on 30 Apr 2024

951 Centre Road Bentleigh East VIC 3165

  • Shop & Retail
  • 70 m²
  • Sold

STEP INTO YOUR STRONGEST INVESTMENT YET.

    POINT OF INTEREST:

    Bentleigh East’s local retail and services strip is as tight-laced as they come, so this is your rare opportunity to get your foot in the door. An established tenant, The Foot and Ankle Clinic, has been occupying since May 2020, and will continue to do so for another 6+ years. They’re fond of the air-conditioned consulting rooms, modern kitchenette, and high-quality finishes throughout, so they foot the bill of $47,342.86 per annum + GST in rent. There’s also an undercover storage area, rear access with on-site parking, and additional spots at the front door. Centre Road is exactly that, with an estimated 17,000 vehicles passing daily and a stone’s throw from further complementary medical services like the Moorabbin Hospital. A high-exposure location meets a richly local neighbourhood, making this investment the most strategic step towards commercial success.

    - Leased to My FootDr (Aust) Limited trading as The Foot and Ankle Clinic.
    - Rental $47,342.86 p.a. + GST ($48,999.86 p.a. + GST from 8th May 2024).
    - 10-year lease from 8th May 2020, plus 2 further 5 year options.
    - 250 sqm* Commercial 1 land area with future value add upside.
    - 70 sqm* building area + 10 sqm* covered storage.
    - Rear right of way access and on site parking.
    - 790 m* direct access to the Monash Health Moorabbin Hospital.
    - 720 m* to Warrigal Road.

    POINT OF VIEW:

    Unlike this highly established tenant, campaigns like these don’t cater to those who drag their feet. Get in early to own a piece of Bentleigh’s coveted retail strip.

    *Approx.
    Pricing excludes GST

    CVA Property Consultants Pty Ltd
    CVA Property Consultants Pty Ltd
    18-20 Russell Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold30 Apr 2024
    Floor Area70 m²
    Land Area250 m²
    ParkingAsk Agent
    Property ID2019134429
    Category
    Last updated  1 May 2024
    Map for 951 Centre Road Bentleigh East VIC 3165
    CVA Property Consultants Pty Ltd
    CVA Property Consultants Pty Ltd
    18-20 Russell Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold30 Apr 2024
    Floor Area70 m²
    Land Area250 m²
    ParkingAsk Agent
    Property ID2019134429
    Category
    Last updated  1 May 2024

    Co-Agents

    Jarrod Moran
    CVA Property Consultants Pty Ltd
    Call
    0413 251 621
    Tim Cooney
    CVA Property Consultants Pty Ltd
    Call
    0468 860 737

    More about 951 Centre Road Bentleigh East VIC 3165

    951 Centre Road Bentleigh East VIC 3165 is categorized as Shop & Retail Property. It has a floor area of 70 m² and a land area of 250 m². The listing ID for this property is 2019134429.

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