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2. Property Highlights

IMPRESSIVE BAYSIDE FREEHOLD WITH ENORMOUS UPSIDE

Teska Carson is pleased to present 437-441 South Road, Bentleigh for Sale by Expressions of Interest closing Thursday 21 March 2024 at 3pm. 

This well located freehold building offers flexibility to owner-occupiers, investors or developers alike.

A substantial two-level office totaling 1,130sqm featuring secure underground car parking for 24 cars, with ability to improve the tenancy with scope to occupy.

 

The ground floor consists of two commercial office areas (G.01 & G.03) plus a vacant medical tenancy (G.02) which until recently was utilised as a functioning endoscopy day hospital featuring reception/waiting room plus pre and post procedure spaces. 

The light and bright first floor is currently partitioned into 26 individual office suites that range in size, all with access to common amenities and tea room, currently occupied by a serviced office operator. 

Key attributes:

- Site Area: 669sqm

- Build Area: 1130sqm (GLA) 988sqm (NLA)

- Parking: 24 Car Spaces 

- Current Income $208,493 p.a (75% occupied)

- Comprises functional offices and medical premises (former Bayside Endoscopy Day hospital)

- Ideally located with direct access to Moorabbin Station (250m) and major arterial routes. 

For more information or to arrange an inspection please don't hesitate to contact the listing agents.

Remember to mention you found this property on CommercialReady

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3. Property Location

437-441 South Road, VIC, 3204