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Development/Land For Sale found in BENTLEIGH, VIC 3204

Properties located in the surrounding suburbs

PRESTIGIOUS CORNER FREEHOLD

Investment | Development/Land (Offices, Medical, Retail, Residential, Showrooms) | Offices | Retail | Showrooms | Medical

This prestigious corner site position on Glen Huntly Road is now offered for sale via Public Auction on Wednesday 23rd August 2017 at 12pm.

A substantial land area of 1,022m2* with access from Glen Huntly Road and Bambra Road and an impressive combined frontage of 64 metres.
Improvements include a quality two level commercial building of 522m2* comprising a ground floor reception area, two large open plan areas, multiple partitioned areas, male and female amenities and a first floor two bedroom dwelling / first floor office.
This is an unrivalled opportunity for developers to further enhance the current improvements or to develop a mixed use building and also investors / owner occupiers to secure a prominent corner property on Glen Huntly Road.
Currently leased to Allison Monkhouse Pty Ltd returning $120,000.00 net p.a
Property summary:
- Tremendous corner site of: 1,022m2*
- Two level building of: 522m2*
- Current Rental: $120,000.00 pa
- Suitable for a multi level mixed use development (STCA)
- 64 metre* frontage
- Commercial 2 Zone
Please contact CVA for further information.
*Approx

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Price Contact Agent
Rent $120,000 p.a.
Building 522m²
Land 1022m²
Property ID 262913

PREMIUM RETAIL FREEHOLD WITH STRONG UPSI...

Retail | Showrooms | Development/Land

Savills is delighted to offer 749-753 Glen Huntly Road, Caulfield for Immediate Private Sale.
This former Commonwealth Bank represents a rare opportunity to acquire a prime main road fronted retail opportunity in the highly sought after Glen Huntly Road retail precinct.
The key attributes of this fantastic property include:
- A prime two-level retail freehold
- Prominent street frontage of 11.43 metres*
- Significant landholding of 550sq m* with rear access
- Ample on-site car parking
- Former Commonwealth Bank offered with vacant possession
- Incredible location in the heart of the Caulfield South retail village
- Flexible opportunity for owner occupiers, investors and developers!
The opportunity to secure such a prominent vacant retail position along Glen Huntly Road is extremely rare, especially when you consider the high level of demand for retail opportunities from investors and owner occupiers alike throughout Melbourne's south eastern suburbs.
749-753 Glen Huntly Road, Caulfield is For Immediate Private Sale.
Julian Heatherich - 0412 995 655
Nick Peden - 0402 011 266

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Price: - Immediate Private Sale    Building: 233m²    Land: 550m²    Occupancy: Vacant

SUBURB PRICE GUIDE

Suburb Summary - Bentleigh, VIC 3204

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $400
Retail $394
Industrial $94
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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