SOLD
Sold on 11 Sep 2024 for $700,000

2 Matthews Road
Bentleigh East VIC 3165

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 184m2
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Property Details for 2 Matthews Rd, Bentleigh East

Building Type
Commercial
Land Size
184m2
Local Government
Glen Eira
Lot/Plan
100/LP52236

Last Listing description (December 2015)

Axis Property is Delighted to offer this brand new retail shop part of a new residential development and is now available for lease.
Located in a strong residential area and suit experienced operators.

Shop 1 - Area 79m (Approx)

Includes
* Grease trap already installed
* Opportunity for tables outside on foot path - subject to council approval
* Suit variety of food operators
Property due to be ready within a couple of months with a great opportunity to get your designs approved prior.

Property History for 2 Matthews Rd, Bentleigh East, VIC 3165

A timeline of how this property has performed in the market
Last Sold
$700,000
11 Sep 2024
Listed for Rent
$11/w
26 Feb 2016
  • 11 Sep 2024
    Sold for $700,000
  • 07 Sep 2015
    Listed for Rent - Price not available
  • 05 Oct 2009
    Sold for $320,000
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About Bentleigh East 3165

The size of Bentleigh East is approximately 9 square kilometres. It has 16 parks covering nearly 9.6% of total area. The population of Bentleigh East in 2011 was 25,924 people. By 2016 the population was 27,656 showing a population growth of 6.7% in the area during that time. The predominant age group in Bentleigh East is 40-49 years. Households in Bentleigh East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bentleigh East work in a professional occupation. In 2011, 76.5% of the homes in Bentleigh East were owner-occupied compared with 75% in 2016.

Bentleigh East has 14,105 properties. Over the last 5 years, Houses in Bentleigh East have seen a 16.90% increase in median value, while Units have seen a 24.71% increase. As at 31 October 2024:

  • The median value for Houses in Bentleigh East is $1,464,544 while the median value for Units is $975,552.
  • Houses have a median rent of $745 while Units have a median rent of $790.
There are currently 26 properties listed for sale, and 16 properties listed for rent in Bentleigh east on OnTheHouse. According to CoreLogic's data, 614 properties were sold in the past 12 months in Bentleigh east.

Suburb Insights for Bentleigh East 3165

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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.