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Nichols Crowder - Moorabbin

254 Centre Road Bentleigh, VIC 3204

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254 Centre Road,
Bentleigh, VIC 3204

Medical & Consulting • Offices • Shops & Retail
Added 3 days ago

Key property information

Land area

Floor area

Zoning

Tenure type

Auction

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Map of 254 Centre Road

Directions
  • Train stations within 5 km of 254 Centre Road, Bentleigh, VIC 3204Distance
    Bentleigh Station573 m
    Patterson Station940 m
    McKinnon Station1 km
    Ormond Station1.8 km
    Moorabbin Station2 km
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  • Tram stops within 5 km of 254 Centre Road, Bentleigh, VIC 3204Distance
    68-East Brighton/Hawthorn Rd (Brighton East)1.3 km
    67Rogers AveHawthorn Rd Brighton East1.3 km
    67-Howell St/Hawthorn Rd (Brighton East)1.4 km
    66Union StHawthorn Rd Brighton East1.5 km
    65-Davey Ave/Hawthorn Rd (Brighton East)1.6 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 254 Centre Road, Bentleigh, VIC 3204Distance
    Whitmuir RdCentre Rd Bentleigh166 m
    Sunnyside GRCentre Rd Bentleigh176 m
    Campbell StCentre Rd Bentleigh184 m
    Wheatley RdCentre Rd184 m
    Clapperton StCentre Rd474 m
    POWERED BY HERE ©
POWERED BY HERE ©

Corner Medical Investment with Upside

  • BLUE-CHIP MEDICAL INVESTMENT
  • HIGH-EXPOSURE CORNER LOCATION
  • FLEXIBLE FUTURE UPSIDE
Medical properties are among the strongest investment opportunities, particularly when a practice is well established and leased to a quality group like Qualitas Healthcare.

Ideally positioned on Centre Road Bentleigh, on the corner of Cairnes Ave, this is a highly regarded medical practice location.

Qualitas Healthcare group operates over 40 practices across Greater Sydney, Melbourne and Brisbane, and is part of a broader global network of approximately 250 practices.

However, things get even more interesting when the lease has around 18 months remaining with no option period. This creates several possibilities such as re-negotiating a new long-term lease, re-leasing to another healthcare business or owner occupying.

In real estate, location is paramount. Centre Road in Bentleigh is one of the largest retail strips in the south-eastern suburbs, providing a wide range of goods and services and, more importantly, is highly regarded.

Key property features include:

* Established global business: Qualitas Melbourne Pty Ltd
* Lease: Five (5) years till 14 August 2027
* No further options
* Returning $64,694 PA + Outgoings
* Building area: 142sqm*
* Total land area: 250sqm*
* Centre Road frontage: 6.096m*
* Cairnes Grove depth: 41.16m*
* Total street frontage: 47m* plus laneway
* Long term medical use
* Opportunity to extend lease or owner occupy
* High-exposure corner profile retail strip positioning
* Rear parking from Cairnes Grove

OPEN FOR INSPECTION

Friday 6th February 12:00pm-12:30pm
Tuesday 10th February 12:00pm-12:30pm
Tuesday 17th February 12:00pm-12:30pm
Tuesday 24th February 12:00pm-12:30pm
Thursday 5th March 11:30am-12:00pm (pre-auction)

For further details or to arrange an inspection please contact:

James Glen 0401 493 2...

DISCLAIMER:

* All information and measurements are approximate and should not be relied upon as accurate. The stated net internal area of the premises is provided as an indicative estimate only and is not a substitute for carrying out precise measurements. Interested parties should refer to the Contract of Sale and/or Lease documentation for definitive details. All images are subject to copyright.

* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.

Bentleigh, 3204 demographic data

The median household income for Bentleigh is $2,263, 19% higher than Greater Melbourne's household income of $1,901. Bentleigh has an older age profile compared to the rest of Greater Melbourne (median age 39 vs 37). Property ownership data shows 50% of property owners in Bentleigh have a mortgage.

17,921
Population
$2,263 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households

Nichols Crowder - Moorabbin

358 South Road
MOORABBIN, VIC 3189
04014932...
Nichols Crowder - Moorabbin
254 Centre Road
Bentleigh, VIC 3204
Nichols Crowder - Moorabbin
358 South Road
MOORABBIN, VIC 3189

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