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Nichols Crowder Property Solutions - Moorabbin

68-69 Beach Road Mentone, VIC 3194

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68-69 Beach Road,
Mentone, VIC 3194

Shops & Retail • Development Sites & Land
Added 5 days ago

Price information

Sale - Auction Sat 26 Oct

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Key property information

Land area

Floor area

Zoning

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Auction

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Map of 68-69 Beach Road

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  • Train stations within 5 km of 68-69 Beach Road, Mentone, VIC 3194Distance
    Mentone815 m
    Mentone Station871 m
    Parkdale Station1.5 km
    Cheltenham Station2.5 km
    Mordialloc Station3.2 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 68-69 Beach Road, Mentone, VIC 3194Distance
    Mentone Girls GrammarMentone Pde413 m
    Venice St/Mentone Pde (Mentone)531 m
    Palermo St/Mentone Pde (Mentone)600 m
    Mentone Reserve/96 Mentone Pde (Mentone)627 m
    26 Florence St652 m
    POWERED BY HERE ©
POWERED BY HERE ©

Stunning Views, Invest With Upside

  • BEACHSIDE LOCATION WITH STUNNING VIEWS
  • SECURE RENTAL INCOME
  • DEVLOPMENT UPSIDE
A once in a lifetime opportunity to secure your dream bayside lifestyle has become available at 68-69 Beach Road, Mentone.

With stunning panoramic views over Beaumaris Bay, Mentone Life Saving Club and all the way down the peninsula to Port Philip Heads, this spacious 3-bedroom apartment sits atop two fully leased commercial shops which provide secure rental income.

Key features include:

THE OFFERING
* Two leased shops and a whole floor apartment - all on one title
* Fully leased income estimated at $170,000 per annum (approx.)
* Commercial 1 zoned site totaling 667sqm*
* Opportunity to further development rear land (STCA)

THE APARTMENT
* Whole floor apartment with 3 bedrooms and 2 bathrooms
* Large living, kitchen and dining areas
* Terrace with stunning views!
* Garage plus double carport/single garage

THE COMMERCIAL
* Renewed five (5) year lease to well-established cafe, Chain of Fools
* Secure lease to leading bayside architect, Kiril Architects
* Total commercial rental income of $121,700 per annum (approx.)

This is a unique opportunity to occupy and collect rental income, all while enjoying the dream bayside lifestyle!

For further details or to arrange an inspection please contact:

Julian Vautin 0420 406 6...
James Glen 0401 493 2...

OPEN FOR INSPECTION:

Wednesday 2nd October 2024 12:00 PM 12:30 PM
Wednesday 9th October 2024 12:00 PM 12:30 PM
Wednesday 16th October 2024 12:00 PM 12:30 PM
Wednesday 23rd October 2024 12:00 PM 12:30 PM
Saturday 26th October 2024 11:30 AM 12:00 PM (Pre-auction)

DISCLAIMER:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.

Property ID: 504696644Last Updated: 27 Sep 2024

Nichols Crowder Property Solutions - Moorabbin

358 South Road
MOORABBIN, VIC 3189
Nichols Crowder Property Solutions - Moorabbin
68-69 Beach Road
Mentone, VIC 3194

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