Coles Mentone Cnr Mentone Pde & Brindisi St,
Mentone, VIC 3194
Shops & Retail
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
03 9613 04...
Coles Mentone Cnr Mentone Pde & Brindisi St
Mentone, VIC 3194
Map of Coles Mentone Cnr Mentone Pde & Brindisi St
A ONCE IN A GENERATION FREESTANDING METROPOLITAN MELBOURNE SUPERMARKET INVESTMENT
- Freestanding Coles Supermarket
- Corner landholding of 2,637sqm*
- Flexible activity centre zoning
- Metropolitan Melbourne freestanding Coles Supermarket in a prime bayside location with 7 Year remaining lease term
- 100% leased blue chip ASX listed tenant - Coles Group Limited (ASX:COL) market capitalisation of $20.5bn and ASX top 50 rated company
- Strategic corner land holding of 2,637sqm* with favourable and flexible activity centre zoning
- Located in the heart of the Mentone retail precinct, walking distance to the new Mentone Train Station and surrounded by prestigious private schools
- Low rent psm and occupancy cost providing underlying security and potential for future rental uplift
- Serviced at the doorstep by convenient at grade council car parking for 150+ cars
- Net passing income of $520,000 per annum*
For further information please contact the exclusive sales and marketing agents at CBRE:
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Jing Jun (JJ) Heng 王敬君
+61 411 059 116
jj.heng@cbre.com.au
*approx
- 100% leased blue chip ASX listed tenant - Coles Group Limited (ASX:COL) market capitalisation of $20.5bn and ASX top 50 rated company
- Strategic corner land holding of 2,637sqm* with favourable and flexible activity centre zoning
- Located in the heart of the Mentone retail precinct, walking distance to the new Mentone Train Station and surrounded by prestigious private schools
- Low rent psm and occupancy cost providing underlying security and potential for future rental uplift
- Serviced at the doorstep by convenient at grade council car parking for 150+ cars
- Net passing income of $520,000 per annum*
For further information please contact the exclusive sales and marketing agents at CBRE:
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Jing Jun (JJ) Heng 王敬君
+61 411 059 116
jj.heng@cbre.com.au
*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 - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Contact Agency
More properties from CBRE - VIC
Other properties you might be interested in based on the location and property type you are looking at.
