724-726A Centre Road
Bentleigh East, VIC 3165

Overview

Rare Triple Opportunity | Secure 1, 2 or ALL 3 | Invest, Land Bank, Occupy or Redevelop (STCA)

This commercial retail opportunity comprises three separate titles located at 724, 726, and 726A Centre Road in Bentleigh East, Victoria. Offered for sale via Expressions of Interest closing on Tuesday 19th May at 3pm, this rare triple opportunity allows buyers to secure one, two, or all three properties, providing flexibility for investment, land banking, occupation, or redevelopment subject to council approval (STCA).

Situated approximately 14.6 kilometers southeast of Melbourne's Central Business District, these properties are positioned near the corner of Centre Road and East Boundary Road, at the southern end of Centre Road's vibrant retail strip. This location benefits from strong local and commuter foot traffic, making it an attractive prospect for owner-occupiers, investors, and developers alike.

The combined land holding spans approximately 534 square meters, with a combined building area of around 242 square meters. The properties offer a combined street frontage of 15 meters, enhancing their visibility and accessibility. The site also features rear laneway access, adding to its functional appeal.

The properties are zoned Commercial 1 Zone (C1Z), which supports a range of commercial uses and offers multi-level development potential, subject to council approval. The tightly held retail strip is home to established neighboring businesses including IGA, Priceline, Boundary Hotel, BWS, Bakers Delight, and Australia Post, contributing to the area's strong commercial environment.

Currently, two of the tenancies are in overholding, while one is available with vacant possession, providing immediate opportunities for occupation or leasing. The properties are offered individually or as a combined package, catering to various buyer requirements.

All areas and figures provided are approximate and indicative only. Prospective buyers are advised to undertake their own due diligence to verify the information and assess the suitability of the properties for their intended use.

Location