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Sold on 18 Sep 2024 - Price Unavailable

359 Centre Road
Bentleigh VIC 3204

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 131m2
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Property Details for 359 Centre Rd, Bentleigh

Building Type
Commercial
Floor Size
131m2
Local Government
Glen Eira
Lot/Plan
4/PS402970

Last Listing description (September 2024)

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
• 50m* from Bentleigh Train Station
• Terms | 10% deposit, 30 - 90 days

Bentleigh Shopping Village is well known for its vibrant retail scene, the village features a wide range of specialty shops, cafes, and essential services. It is a popular destination with a strong community atmosphere and consistent foot traffic, making it an attractive location for businesses and property investment alike.

The property is conveniently located near Bentleigh Train Station, offering easy public transport access. Additionally, major arterials like Nepean Highway and Centre Road provide seamless connectivity to surrounding areas and Melbourne's CBD.

Don't miss this chance to secure a valuable asset in one of Melbourne's thriving retail precincts.

Inspection Times:

• Tuesday 27th August | 1:00PM - 1:30PM
• Tuesday 3rd September | 1:00PM - 1:30PM
• Tuesday 10th September | 1:00PM - 1:30PM
• Tuesday 17th September | 1:00PM - 1:30PM
• Wednesday 18th September | 10:30AM - 11:00AM (Auction Day)

For further information and to obtain a copy of the contract of sale or information memorandum, please contact one of the exclusive marketing agents below:

Ryan Amler | 0401 971 622
Anthony Anastopoulos | 0488 095 057

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Property History for 359 Centre Rd, Bentleigh, VIC 3204

A timeline of how this property has performed in the market
Last Sold
18 Sep 2024
Listed for Rent
$939/w
07 Apr 2024
  • 18 Sep 2024
    Sold
  • 15 Aug 2024
    Listed for Sale Auction
  • 24 Jun 2023
    Listed for Rent - Price not available
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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 9,341 properties. Over the last 5 years, Houses in Bentleigh have seen a 12.15% increase in median value, while Units have seen a 5.92% increase. As at 31 October 2024:

  • The median value for Houses in Bentleigh is $1,671,903 while the median value for Units is $744,525.
  • Houses have a median rent of $795 while Units have a median rent of $625.
There are currently 15 properties listed for sale, and 12 properties listed for rent in Bentleigh on OnTheHouse. According to CoreLogic's data, 395 properties were sold in the past 12 months in Bentleigh.

Suburb Insights for Bentleigh 3204

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Contact agent
Ryan Amler
Show contact details
Ray White Commercial Oakleigh
Preferred contact:
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.