26 Balcombe Road,
Mentone, VIC 3194
Shops & Retail • Development Sites & Land • Offices
Price information
Sold
$700,000
Key property information
Land area
Floor area
Car spaces
Property extent
Tenure type
Sold on
Map of 26 Balcombe Road
Prominent Retail - Invest Now Develop Later
Tsimos Commercial is delighted to offer this prominent retail investment for sale.
The property is well located just a short walk from Mentone Shopping Precinct and near the corner of Balcombe Rd and Nepean Hwy. The area has many large mixed retail and residential developments.
Position, securely leased and huge potential to add value in future makes this property tick many boxes.
Features:
- Building Area approx. 150m2
- Land Area approx. 276m2
- Securely leased to Zen Tara Massage Therapy
- Current net rental return of $29,419.44 p.a. plus GST
- Current Lease Term 5 Years expires 17/1/2026
- No further options
- Rear Access via laneway and roller door
For more information please contact Matt Brown 0418 599 4...
The property is well located just a short walk from Mentone Shopping Precinct and near the corner of Balcombe Rd and Nepean Hwy. The area has many large mixed retail and residential developments.
Position, securely leased and huge potential to add value in future makes this property tick many boxes.
Features:
- Building Area approx. 150m2
- Land Area approx. 276m2
- Securely leased to Zen Tara Massage Therapy
- Current net rental return of $29,419.44 p.a. plus GST
- Current Lease Term 5 Years expires 17/1/2026
- No further options
- Rear Access via laneway and roller door
For more information please contact Matt Brown 0418 599 4...
Property ID: 504290476Last Updated: 13 Jun 2023
04185994...
26 Balcombe Road
Mentone, VIC 3194
Tsimos Commercial - Cheltenham1174 Nepean Highway
CHELTENHAM, VIC 3192
CHELTENHAM, VIC 3192
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
