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401 Centre Road Bentleigh, VIC 3204

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401 Centre Road,
Bentleigh, VIC 3204

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IS THIS CENTRE ROAD'S BEST PROPERTY? RARE BLANK CANVAS OPPORTUNITY NOT TO BE MISSED

  • Landmark investment of 1,153sqm*
  • Rare 743sqm* C1Z landholding
  • Favourable development potential (STCA)
+ Landmark Centre Road investment of 1,153sqm*, incorporating ground floor retail and two (2) levels of office

+ Potential fully leased annual income of at least $400,000* + GST + outgoings (Heads of Agreements available on request)

+ One of Centre Road's largest properties (24.4m* dual frontage), and arguably the best location with a Coles Supermarket immediately to the rear, the newly upgraded Bentleigh Train Station a 1 minute* walk away and national retailers Commonwealth Bank, Chemist Warehouse, ANZ and Priceline Pharmacy within 100m*

+ Rare 743sqm* Commercial 1 Zone landholding ideal for a ranges including office, retail, residential, medical or childcare (STCA), complimented by council car parking immediately to the rear

+ Given favourable development clauses, extraordinary opportunity to reposition the existing three (3) level building, or create an iconic mixed-use development of us to 5 storeys (STCA)

+ A unique opportunity to create the ultimate retail arcade thoroughfare connecting Centre Road's retail precinct to one of Victoria's strongest trading Coles Supermarkets

For further information please contact the exclusive sales and marketing agents:

Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au


*approx

Property ID: 503244370Last Updated: 1 Dec 2021

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401 Centre Road
Bentleigh, VIC 3204
CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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