493 Centre Road, Bentleigh

Auction

Wednesday, 27th October at 12pm

Medical Investment - Long-Standing Tenant

This immaculately presented property has been leased to long-standing medical tenant Vitalessence since 2003.

Located on Centre Road, Bentleigh, which is commonly referred to as one of the most popular and dominant retail centres in the South East, offering a range of great retailers and eateries.

The property benefits enormously from being located directly opposite Woolworths Supermarket with a huge amount of surrounding car parking, close to Bentleigh Hodgson Reserve/Park and within the McKinnon Secondary College zoning.

Key features include:

* Leased to brilliant tenant Vitalessence
* Leased through to October 2022 with options
* Net income of $53,990 + GST
* Great rental growth with fixed 4% increases
* Outgoings payable by tenant (excl. land tax)
* Land area: 208sqm*
* Building area: 212sqm*
* Unique two (2) storey studio at rear
* Commercial 1 zoning
* Existing medical permit for four (4) practitioners
* Rear laneway access
* Immaculately presented property
* Potential future signage opportunity (STCA)

For further details or to arrange an inspection please contact the exclusive selling agent:

James Glen 0401 493 277
Matt Nichols 0418 186 488

PLEASE NOTE:

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

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