1034 North Road, Bentleigh East, VIC 3165

Retail | Development/Land | Offices

For Sale or Lease Contact Agent

  • Property ID: 390607
  • Floor Area: 177m²
  • Land Area: 240m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
All Roads Lead North.

POINT OF INTEREST:

Along one of the South East’s busiest and longest roads, sitting in plain sight, is this freehold retail building. With a building area of 177 sqm* it’s fully fitted as a hospitality space, featuring a grease trap, cool room, bathroom, and amenities. On the outside, it sits in a boutique but prominent commercial strip opposite a bustling McDonalds and BP with North Road splitting the middle, accommodating over 30,000 cars on their daily commute from east to west, and vice versa.

Hidden only to those adverse to opportunities, the neighbours have laid the groundwork, with mixed-use developments both current and proposed either side. With thanks to a Commercial 1 Zoning and 240 sqm* of land stretching deep into the block, the possibilities for expansion or development are truly endless. And to spell it out for you: the road north is a winner.

- Total building area of 177 sqm*.
- Total land area of 240 sqm*.
- Commercial 1 zoning.
- Fully fitted hospitality space.
- Grease trap, cool room, bathroom and amenities.
- Air-conditioning and heating.
- 2 on-site car spaces at the rear.
- Bus route 630 on the doorstep, linking Monash Uni and Elwood.
- 1.6 km* to Hughesdale railway station.
- 2.5 km* to Chadstone Shopping Centre via Poath Road.
- 3.9 km* to the Monash Freeway.

POINT OF VIEW:

The positional benefits of north facing are second to none. Point being? Here, they’re two-fold.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immedaite
  • Car Spaces: 2 at the rear
  • Condition: Good
  • Air Conditioning: Yes
  • Floors: Concrete and carpet
  • Lifts: NA
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: $779.78 per annum.
  • Land Tax: $7958.55 per annum.
  • Council Rates: $1829.50 per annum.
  • Owners Corp. / Insurance: No owners corporation
Bentleigh East Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $68 ---
Retail $4802 $266 5.54%
Offices $4802 $307 6.39%
This is the average advertised price, rent and yield for Bentleigh East, VIC 3165*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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