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951 Centre Road, Bentleigh East, VIC, 3165

2. Property Highlights

STEP INTO YOUR STRONGEST INVESTMENT YET.

For Sale by Closing Date Wednesday 24th April at 3pm

POINT OF INTEREST:

Bentleigh East’s local retail and services strip is as tight-laced as they come, so this is your rare opportunity to get your foot in the door. An established tenant, The Foot and Ankle Clinic, has been occupying since May 2020, and will continue to do so for another 6+ years. They’re fond of the air-conditioned consulting rooms, modern kitchenette, and high-quality finishes throughout, so they foot the bill of $47,342.86 per annum + GST in rent. There’s also an undercover storage area, rear access with on-site parking, and additional spots at the front door. Centre Road is exactly that, with an estimated 17,000 vehicles passing daily and a stone’s throw from further complementary medical services like the Moorabbin Hospital. A high-exposure location meets a richly local neighbourhood, making this investment the most strategic step towards commercial success.

- Leased to My FootDr (Aust) Limited trading as The Foot and Ankle Clinic.

- Rental $47,342.86 p.a. + GST ($48,999.86 p.a. + GST from 8th May 2024).

- 10-year lease from 8th May 2020, plus 2 further 5 year options.

- 250 sqm* Commercial 1 land area with future value add upside.

- 70 sqm* building area + 10 sqm* covered storage.

- Rear right of way access and on site parking.

- 790 m* direct access to the Monash Health Moorabbin Hospital.

- 720 m* to Warrigal Road.

POINT OF VIEW:

Unlike this highly established tenant, campaigns like these don’t cater to those who drag their feet. Get in early to own a piece of Bentleigh’s coveted retail strip.

*Approx.

Pricing excludes GST

Remember to mention you found this property on CommercialReady

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3. Property Location

951 Centre Road, Bentleigh East, VIC, 3165

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4. Due Diligence

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