Share this property

CBRE - Victoria
Directions

401 Centre Road Bentleigh, VIC 3204

Directions

Sold

401 Centre Road Bentleigh, VIC 3204

Shop & Retail
Sold Price

Contact Agent

Land area

743.0m²

Floor area

1153.0m²

Property extent

Whole

Tenure type

Vacant Possession

Sold on

25 Jul 2019

IS THIS CENTRE ROAD'S BEST PROPERTY? RARE BLANK CANVAS OPPORTUNITY NOT TO BE MISSED

  • Arguably Centre Road's best position
  • 1 minute* to Bentleigh Train Station
  • Rear frontage to Coles Supermarket
+ Landmark Centre Road investment of 1,153sqm*, incorporating ground floor retail and two (2) levels of office

+ Potential fully leased annual income of at least $400,000* + GST + outgoings (Heads of Agreements available on request)

+ One of Centre Road's largest properties (24.4m* dual frontage), and arguably the best location with a Coles Supermarket immediately to the rear, the newly upgraded Bentleigh Train Station a 1 minute* walk away and national retailers Commonwealth Bank, Chemist Warehouse, ANZ and Priceline Pharmacy within 100m*

+ Rare 743sqm* Commercial 1 Zone landholding ideal for a ranges including office, retail, residential, medical or childcare (STCA), complimented by council car parking immediately to the rear

+ Given favourable development clauses, extraordinary opportunity to reposition the existing three (3) level building, or create an iconic mixed-use development of us to 5 storeys (STCA)

+ A unique opportunity to create the ultimate retail arcade thoroughfare connecting Centre Road's retail precinct to one of Victoria's strongest trading Coles Supermarkets

For Sale via public auction as part of the CBRE Premium Property Portfolio Auction at Level 1, 430 Swan Street, Richmond on 25th July 2019 from 6.00pm (AEST)

For further information please contact the exclusive sales and marketing agents:

Mark Wizel
+61 409 809 868

Lewis Tong
+61 421 870 833

Rorey James
+61 439 400 081


*approx

Property ID: 503244370Last Updated: 18 Aug 2019

CBRE - Victoria
401 Centre Road
Bentleigh, VIC 3204
Rorey James
Mark Wizel
Lewis Tong

CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

Agency contacts

CBRE - Victoria

View Profile

CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
progress tick

Sending email...

Email enquiry

Rorey James

Send to:

Rorey James
CBRE - Victoria
401 Centre Road Bentleigh, VIC 3204

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Select agent to call