Share this property

realcommercial.com.au
CBRE - VIC

59-63 Florence Street & 133-137 Mentone Parade Mentone, VIC 3194

Directions

59-63 Florence Street & 133-137 Mentone Parade,
Mentone, VIC 3194

Shops & Retail

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

CBRE - VIC

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
03 9613 04...
CBRE - VIC
59-63 Florence Street & 133-137 Mentone Parade
Mentone, VIC 3194

Map of 59-63 Florence Street & 133-137 Mentone Parade

Directions

OUTSTANDING MENTONE VILLAGE CORNER - 6 RETAIL SHOPS + LEVEL 1 OFFICE + MORE THAN 50M* OF PRICELESS FRONTAGE

  • -
  • -
  • -
+ A magnificent Mentone Village corner comprising 6 fully leased retail shops plus level 1 office

+ 50m* of priceless frontage to the thriving Mentone Retail Village, anchored by major supermarkets Coles and Woolworths and many more popular retailers

+ Directly adjacent the Mentone Train Station and immediately fronting the new Mentone Piazza, a $3.4 million government investment to improve public spaces

+ Diverse annual income of $190,090* + GST + Outgoings (after land tax) from seven (7) separate tenancies

+ An underutilised corner landholding of 534sqm* with future potential to add value through development (STCA)

For information please contact the exclusive sales and marketing agents:

Nathan Mufale
+61 421 224 354

Jing Jun Heng
+61 411 059 116

*approx

Mentone, 3194 demographic data

The median household income for Mentone is $1,889, 1% lower than Greater Melbourne's household income of $1,901. Mentone has an older age profile compared to the rest of Greater Melbourne (median age 42 vs 37). Property ownership data shows 51% of property owners in Mentone have a mortgage.

13,197
Population
$1,889 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
CBRE - VIC
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

More properties from CBRE - VIC

Other properties you might be interested in based on the location and property type you are looking at.