FOR SALE
Auction ($750,000 - $825,000)

359 Centre Road
Bentleigh VIC 3204

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 131m2
Auction Time
Wed 18 Sep 11:00 am
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
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Prime Investment Opportunity in Bentleigh ($750,000 - $825,000)

RWC (Oakleigh) presents 359 Centre Road, Bentleigh to the market for sale available via a public auction on Wednesday 18th September 2024 at 11:00am.
This prime retail investment located in the heart of Bentleigh's bustling shopping village is situated just 50m* from Bentleigh Train Station and near the corner of Nicholson St.
Being offered with a brand new 2 + 2 year lease, this is a set and forget investment in a highly sought after Bayside location.
Key Property Benefits:
• Total Building Area |131m²*
• Single-Level Retail Premises with exceptionally high internal ceilings
• New 2 + 2 year lease
• Returning $45,000 p/a plus GST & Outgoings
• Rear access with 1 car space
• Excellent exposure and foot traffic
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Property Details for 359 Centre Rd, Bentleigh

Building Type
Commercial
Floor Size
131m2

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About Bentleigh 3204

The size of Bentleigh is approximately 4.7 square kilometres. It has 6 parks covering nearly 3.8% of total area. The population of Bentleigh in 2011 was 14,919 people. By 2016 the population was 16,170 showing a population growth of 8.4% in the area during that time. The predominant age group in Bentleigh is 40-49 years. Households in Bentleigh are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bentleigh work in a professional occupation. In 2011, 72.2% of the homes in Bentleigh were owner-occupied compared with 70.5% in 2016.

Bentleigh has 9,349 properties. Over the last 5 years, Houses in Bentleigh have seen a 18.73% increase in median value, while Units have seen a 10.49% increase. As at 31 August 2024:

  • The median value for Houses in Bentleigh is $1,653,070 while the median value for Units is $739,663.
  • Houses have a median rent of $793 while Units have a median rent of $625.
There are currently 18 properties listed for sale, and 14 properties listed for rent in Bentleigh on OnTheHouse. According to CoreLogic's data, 403 properties were sold in the past 12 months in Bentleigh.

Suburb Insights for Bentleigh 3204

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Contact agent
Ryan Amler
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Ray White Commercial Oakleigh
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.