Prized commercial investment property on Centre Road, Bentleigh has sold today at auction for $1,915,000 representing a 3.8% yield.

Selling agent James Glen said, “Obviously the talk of the town is low interest rates when buying however this result clearly demonstrated an appetite from investors for established tenants, brand new leases and the unique attribute of having a walkway direct from Centre Road to a rear council cark park. It really was the perfect blend from a property point of view.”

A huge congratulations to both the vendors and new purchasers of 445 Centre Road. It has been a pleasure to work with you!