A great property in the Heart of Mentone's Retail, Rail and Education Hub
Mentone’s best kept secret comes with a good tenant, a better-than-main-road position, & the best value in this blue-chip beachside retail & rail precinct! Immaculately maintained & presented by a meticulous medical services tenant, this classic 45sqm* shopfront provides remarkable value today & ready-rentability when needed in the future.
- Make an exceptional entry to blue-chip retail investment
- High-visibility with wide-windowed frontage
- Configured for professional services use
- Waiting area, reception/office, private treatment room kitchen/storage, WC
- Plumbing to each workspace, reverse-cycle air-conditioner,
- High pedestrian-traffic thoroughfare with access via sheltered walkway
- Well-resourced with parking; adjacent the village’s major parking lot
- New 3 year lease in place from 29 July 2022 with 3-year option
- Excellent return on investment of $23,481.60pa with 4% annual reviews
- Vibrant arcade linking Balcombe Rd with Woolworths adjacent parking lot
- Drawcard neighbours including Bob Steward Uniforms & Melbourne Pathology
- Revitalised retail & rail hub at the heart of Mentone’s school district
- 150m to Mentone’s refurbished heritage railway station & bus hub
- Major shopping precinct for this blue-chip beachside suburb & surrounds
- One of most successful, retail, transport & educational precincts by the bay
A secret worth keeping, this well-presented, well-tenanted shopfront is your affordable entry to blue-chip retail investment.
For further details or to arrange an inspection please do not hesitate to contact our office.
*NB All prices exclude GST unless otherwise stated and all sizes are approximate.
The core focus of DBRE is industrial, commercial and retail property.
Between us we offer over 75 years experience in the commercial and industrial property markets with intricate knowledge of Melbourne's south east corridor.
Please feel free to contact us to discuss your commercial property needs.