132 Balcombe Road, Mentone, VIC 3194

Retail | Offices

For Sale

  • Property ID: 422926
  • Floor Area: 90m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
SECURLEY LEASED HIGH-PROFILE INVESTMENT

Situated in the heart of the fastest moving rail and retail village of the southern bayside suburbs, this central shopfront provides an opportunity for investors to enjoy proven success.


Features include:
- Brand new Three (3) year lease
- High-quality 90 sqm* shopfront opposite Woolworths
- Full glass frontage providing excellent visibility

- Modern kitchen, all-ability bathroom facilities, reverse-cycle air-con

- Adjacent to the new station precinct and bus depot, high volume of foot and road traffic
- Access from the CBD to Frankston and everywhere in-between

- Residential growth area
- Thriving educational precinct of private, primary and secondary schools
- Low-vacancy village with an excellent retail, hospitality, and professional mix
- Blue-chip beachside position, 1km to the bay

Tenancy details:
Term: Three (3) years
Comm. date: 20th April 2023
Rental: $33,000pa plus GST & outgoings
Reviews: Annually in accordance with the CPI
Further terms: One further term of three (3) years
Renewals: In accordance with market

Invest in a high-demand low-vacancy village. Secure a blue-chip bayside property with solid return and proven growth.

For further information or to arrange an inspection please contact our office.
*All sizes are approximate
*All figures are GST exclusive unless otherwise stated.

Please feel free to contact us to discuss your commercial property needs. Between us we offer over 70 years experience in the commercial, retail and industrial property markets with intricate knowledge of Melbourne's south east corridor.

Mentone Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $125 ---
Retail $5624 $260 4.63%
Offices $6080 $302 4.97%
This is the average advertised price, rent and yield for Mentone, VIC 3194*

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

Days on Market data for Retail in VIC for Sale

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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