125 Mentone Parade,
Mentone, VIC 3194
Shops & Retail • Offices • Other
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CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
125 Mentone Parade
Mentone, VIC 3194
Map of 125 Mentone Parade
A FULLY LEASED MENTONE VILLAGE FREEHOLD LEASED TO POPULAR TENANT
- 5 + 5 + 5 year lease to popular café
- Tightly held Mentone Village location
- First time offered for sale in 28 years
+A central Mentone Village freehold retail investment offered fully leased to popular and high trading café ‘White Bricks’ with upstairs residence and rear courtyard and service lane access
+Tightly held and lucrative Mentone Village retail centre in direct proximity to Mentone Train Station (100m*) and immediate walking distance to Coles Supermarket (100m*)
Recently renewed 5 + 5 + 5 year lease (March ‘22) returning a net income of $42,730 with fixed 4% annual increases
+High quality ground floor retail fit out as well benefitting from substantial outdoor seating permit, commercial kitchen, rear courtyard, rear service lane access and upstairs residence providing excellent scope for further expansion of existing retail floor area
+Irreplaceable Mentone Village location located within 100m* walking distance of Mentone Train Station and strategically in between Coles, Woolworths and Chemist Warehouse with prominent retail exposure right near the corner of Florence Street
*Approx
For further information please contact the exclusive sales and marketing agents at CBRE:
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
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
+Tightly held and lucrative Mentone Village retail centre in direct proximity to Mentone Train Station (100m*) and immediate walking distance to Coles Supermarket (100m*)
Recently renewed 5 + 5 + 5 year lease (March ‘22) returning a net income of $42,730 with fixed 4% annual increases
+High quality ground floor retail fit out as well benefitting from substantial outdoor seating permit, commercial kitchen, rear courtyard, rear service lane access and upstairs residence providing excellent scope for further expansion of existing retail floor area
+Irreplaceable Mentone Village location located within 100m* walking distance of Mentone Train Station and strategically in between Coles, Woolworths and Chemist Warehouse with prominent retail exposure right near the corner of Florence Street
*Approx
For further information please contact the exclusive sales and marketing agents at CBRE:
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
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
Property ID: 504038031Last Updated: 24 Jun 2022
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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