51-53 Patterson Road,
Bentleigh, VIC 3204
Shops & Retail • Offices
Detailed listing
Key property information
Land area
Floor area
Car spaces
Parking info
Tenure type
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Buxton - Oakleigh
21-23 Atherton RdOAKLEIGH, VIC 3166
51-53 Patterson Road
Bentleigh, VIC 3204
Detailed listing
Map of 51-53 Patterson Road
Double Shop Front Plus Two Residences
Buxton Commercial is pleased to offer for 51-53 Patterson Road, Bentleigh via Expression of Interest, closing on Tuesday 22nd July at 6.00 PM (unless sold prior)
• Land Area 413 M2 approx.
• Total Building Area 505 M2 approx.
• Retail 243 M2 & Residence 262 M2 approx.
• 4 Car Parks Onsite
• Retail Tenancy Returning $49,514 PA + GST + OG
• Currently Term Expires March 2027 With 5-Year Option
• 3-Bedroom Residence (Vacant)
• 2-Bedroom Residence (Vacant)
• Can Be Combined for a 5-Bedroom Residence
• Anticipates Residential Rental of Up To $65,000 PA, approx.
Arguably Glen Eira’s most impressive lifestyle & investment opportunity, & absolutely the most flexible, this mixed-use property is a unique find...in a uniquely appealing retail & rail hub setting - just 60m to the station. Ready to occupy, invest, or occupy-&-invest, the property offers rare long-term security with an excellent retail tenancy, & 1 vast residence easily configured as 2 dwellings
Approx 243 sqm double shopfront
- office, kitchen & WC facilities
- currently returning $49,514pa + GST & outgoings
- 3 x 5-year options commenced March 2017 with an ongoing tenancy until 2032 and potential for an ongoing tenancy after 2032
Approx 262 sqm, 2-level, 5 bed, 3 bath, triple zone family residence
- double-glazed master suite with ensuite & walk-in robe
- family zone with BBQ balcony-terrace, formal lounge-dining, ground-floor living
- Bosch appliance kitchen & 2nd ground-floor kitchen area
- reverse-cycle air-con, built-in & walk-in robes, multiple skylights
- 4 car garaging over 2 double garages.
Reconfigure as 2 dwellings
- 2 bed ground-floor unit plus 3 bed, 2 bathroom, dual zone family home
- additional anticipated residential rental of up to approx $ 65,000 pa
- scope for 3 income streams
Invest where you live & pay your way to life in a big Bentleigh family home.
Look to the long-term with the flexibility of 3 income streams.
Secure a rare multi-generational asset with future multi-residence development potential (Subject to Council Approval).
• Land Area 413 M2 approx.
• Total Building Area 505 M2 approx.
• Retail 243 M2 & Residence 262 M2 approx.
• 4 Car Parks Onsite
• Retail Tenancy Returning $49,514 PA + GST + OG
• Currently Term Expires March 2027 With 5-Year Option
• 3-Bedroom Residence (Vacant)
• 2-Bedroom Residence (Vacant)
• Can Be Combined for a 5-Bedroom Residence
• Anticipates Residential Rental of Up To $65,000 PA, approx.
Arguably Glen Eira’s most impressive lifestyle & investment opportunity, & absolutely the most flexible, this mixed-use property is a unique find...in a uniquely appealing retail & rail hub setting - just 60m to the station. Ready to occupy, invest, or occupy-&-invest, the property offers rare long-term security with an excellent retail tenancy, & 1 vast residence easily configured as 2 dwellings
Approx 243 sqm double shopfront
- office, kitchen & WC facilities
- currently returning $49,514pa + GST & outgoings
- 3 x 5-year options commenced March 2017 with an ongoing tenancy until 2032 and potential for an ongoing tenancy after 2032
Approx 262 sqm, 2-level, 5 bed, 3 bath, triple zone family residence
- double-glazed master suite with ensuite & walk-in robe
- family zone with BBQ balcony-terrace, formal lounge-dining, ground-floor living
- Bosch appliance kitchen & 2nd ground-floor kitchen area
- reverse-cycle air-con, built-in & walk-in robes, multiple skylights
- 4 car garaging over 2 double garages.
Reconfigure as 2 dwellings
- 2 bed ground-floor unit plus 3 bed, 2 bathroom, dual zone family home
- additional anticipated residential rental of up to approx $ 65,000 pa
- scope for 3 income streams
Invest where you live & pay your way to life in a big Bentleigh family home.
Look to the long-term with the flexibility of 3 income streams.
Secure a rare multi-generational asset with future multi-residence development potential (Subject to Council Approval).
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
Buxton - Oakleigh21-23 Atherton Rd
OAKLEIGH, VIC 3166
OAKLEIGH, VIC 3166
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