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269 Centre Road Bentleigh, VIC 3204

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269 Centre Road,
Bentleigh, VIC 3204

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  • 1,702m² Two Level Office Building
  • Estimated fully let income $435,000p.a.
  • Land Area 1,543m², Commercial 1 Zone
Colliers International is delighted to offer this outstanding commercial office building prominently located on the corner of Centre Road and Wheatley Road in Melbourne’s south east suburb of Bentleigh.

This two level office building is split into eight (8) individual tenancies making up a total lettable area of 1,702m² with areas ranging from 68m² to 340m². Currently 63% of the building is leased returning $276,488.83 net p.a. (approx.).

The remaining 37% of the building is currently vacant and the estimated fully leased net income is $435,000 p.a. (approx.). The building is serviced by 25 on grade car parks at the rear of the property, passenger lift and staff amenities on both ground floor and first floor.

The large site of 1,543m² of Commercial 1 Zoned land lends itself to further developing potential whether that is for commercial or residential users (STCA).

269 Centre Road, Bentleigh is suited for all purchasing profiles including investors, developers and occupiers.

Key features:

- Modern two level office building of 1,702m² (approx.)
- Diverse tenancy mix with varying expiries
- Prominent corner location in bustling commercial strip
- Land area of 1,543m² (approx.), Commercial 1 Zoning
- Estimated fully leased net income $435,000 p.a. (approx.)
- Suits investors, developers and occupiers
- Walking distance to Bentleigh Train Station

For Sale by Public Auction Thursday 10th April 2014 at 11:00am onsite.

If you would like to view the information memorandum or arrange an inspection please contact the selling agents Andrew Ryan or Peter Bremner.

Property ID: 501060551Last Updated: 7 Jul 2014

03 8562 11...
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269 Centre Road
Bentleigh, VIC 3204
Colliers - Melbourne East
Level 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148

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