SOLD
Sold on 15 Jul 2024 for $842,000

504 Centre Road
Bentleigh VIC 3204

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 198m2
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Property Details for 504 Centre Rd, Bentleigh

Building Type
Commercial
Land Size
198m2
Local Government
Glen Eira
Lot/Plan
50/LP9887

Last Listing description (November 2023)

Introducing a remarkable opportunity to own a delightful caf situated on Centre Rd Bentleigh. 504 Centre Road presents a unique blend of warmth and style, perfect for entrepreneurs looking to make their mark in the vibrant local food scene.

Nestled on Centre Road, this caf benefits from high foot traffic and visibility, being in a bustling area known for its shopping and dining experiences.

Key Features:

* Rental $40,000 p.a.
* Building area 86 sqm*
* New 3 year lease
* Long established business
* Land area 198 sqm*
* Parking at rear

Property History for 504 Centre Rd, Bentleigh, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$842,000
15 Jul 2024
  • 15 Jul 2024
    Sold for $842,000
  • 07 Dec 2023
    Sold for $850,000
  • 13 Nov 2023
    Listed for Sale Auction
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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 9,378 properties. Over the last 5 years, Houses in Bentleigh have seen a 5.06% increase in median value, while Units have seen a 1.55% increase. As at 31 January 2025:

  • The median value for Houses in Bentleigh is $1,657,310 while the median value for Units is $710,209.
  • Houses have a median rent of $788 while Units have a median rent of $630.
There are currently 15 properties listed for sale, and 10 properties listed for rent in Bentleigh on OnTheHouse. According to CoreLogic's data, 411 properties were sold in the past 12 months in Bentleigh.

Suburb Insights for Bentleigh 3204

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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.