SOLD
Sold on 22 Sep 2023 for $2,295,000

5 Chester Street
Bentleigh East VIC 3165

Bedrooms: 2
Bathrooms: -
Car spaces: -
Land area: 906m2
Sold By
Chris Kombi
FITZROYS PTY LTD
Tom Fisher
FITZROYS PTY LTD
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Property Details for 5 Chester St, Bentleigh East

Building Type
Commercial
Land Size
906m2
Local Government
Glen Eira
Lot/Plan
6/LP26965

Last Listing description (October 2023)

Fitzroys is delighted to offer 5 Chester Street, Bentleigh East for sale by Expressions of Interest closing Wednesday 20th September at 3pm.

The key attributes of this opportunity include:

- Prominent freestanding medical investment adjacent to Monash Health's Moorabbin Hospital

- Huge 893sqm* landholding with frontage of over 16 metres to Chester Street
- Long leases in place to Southern Breast Oncology and Dorevitch Pathology
- Returning $121,240* per annum plus GST
- Well appointed building of 215sqm* with 5 consulting rooms, reception, waiting areas and staff / administration rooms
- 11 on site car parks at rear
- Within well regarded healthcare precinct home to an array of allied health/medical businesses
- Convenient access to major arterials via Boundary Road and Warrigal Road
- Popular lifestyle locality, metres from Centre Road shopping precinct as well as a host of lifestyle amenity including GSAC, Duncan McKinnon Reserve and Metropolitan Golf Club

For further information or an inspection, please contact Fitzroys selling agents Tom Fisher or Chris Kombi.

5 Chester Street, Bentleigh East For sale by Expressions of Interest closing Wednesday 20th September at 3pm.

Property History for 5 Chester St, Bentleigh East, VIC 3165

A timeline of how this property has performed in the market
Last Sold
$2,295,000
22 Sep 2023
Listed for Rent
$280/w
23 Aug 1997
  • 22 Sep 2023
    Sold for $2,295,000
  • 18 Aug 2023
    Listed for Sale Contact Agent
  • 12 May 2007
    Sold for $710,000
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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 14,075 properties. Over the last 5 years, Houses in Bentleigh East have seen a 24.17% increase in median value, while Units have seen a 26.80% increase. As at 31 August 2024:

  • The median value for Houses in Bentleigh East is $1,429,114 while the median value for Units is $951,972.
  • Houses have a median rent of $725 while Units have a median rent of $770.
There are currently 26 properties listed for sale, and 21 properties listed for rent in Bentleigh east on OnTheHouse. According to CoreLogic's data, 591 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.