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394 Centre Road Bentleigh, VIC 3204

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394 Centre Road,
Bentleigh, VIC 3204

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Brilliant Bentleigh Freehold Investment

  • Triple Fronted Retail Building
  • Leased To National Tenant
  • Excellent Growth Potential
Rare triple fronted freehold to Centre Road, Burgess Street and rear public carpark
Impressive retail building of 250sqm approx
Land area of 280sqm approx.
New lease in place to national tenant, St Vincent de Paul Society, trading as Vinnies (650 stores approx. across Australia)
Returning $65,000 per annum plus outgoings and GST
Strong rental growth potential
Prominently positioned next to the new Bentleigh Railway Station which is part of the State Government's $5 billion level crossing removal initiative (due for completion late 2016)
Public car park at rear
Excellent future value add potential (STCA)

Additional information

Property ID: 502071326Last Updated: 6 Jul 2017

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394 Centre Road
Bentleigh, VIC 3204
Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000
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