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Overview
CENTRAL FREEHOLD INVESTMENT
This property at 281 Centre Road, Bentleigh, represents a prime freehold investment opportunity within a thriving retail and lifestyle precinct. The site benefits from a prominent location on Centre Road, a high-performing shopping strip known for its vibrant mix of retail and lifestyle offerings.
The freehold spans approximately 260 square meters and is zoned Commercial 1, providing versatile commercial use potential. The property features a substantial street frontage of over six meters, enhancing its visibility and accessibility to passing trade.
The building improvements are of quality construction and extend over two levels, offering a total building area of 215 square meters. This multi-level configuration provides functional space suitable for a variety of commercial tenants or uses.
Currently, the property is leased to the Victorian State Government, a longstanding tenant since 2012, which underscores the stability and reliability of the income stream associated with this investment.
Additional benefits include on-site parking facilities capable of accommodating multiple vehicles, a valuable asset in this busy retail precinct. The location is well-serviced by public transport, with Bentleigh Train Station and numerous bus routes nearby, as well as convenient access to major arterial roads.
The property is situated within Bentleigh’s retail core, an area anchored by three full-line supermarkets and all major banks, complemented by a host of established local traders and lifestyle amenities. This vibrant retail environment supports strong foot traffic and consumer engagement, making the property an attractive proposition for investors seeking a secure and well-located commercial asset.
Overall, 281 Centre Road offers an impressive freehold investment opportunity in a sought-after retail precinct, combining excellent location, quality improvements, secure tenancy, and strong local amenity.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Bentleigh VIC 3204
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 215 m² |
Market Insights for Bentleigh VIC 3204
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