RWC Oakleigh is excited to present an extraordinary opportunity located at 128 & 130 Balcombe Road Mentone, available for sale together or individually.
Comprising two front retail premises, a spacious two-bedroom residence, and two additional commercial spaces at the rear, all elegantly encased within two single-level commercial freeholds, these properties offer a unique and versatile proposition. These unique freeholds are to be offered individually, giving you the flexibility to buy one or buy both.
Nestled in the vibrant Bayside enclave, discover these two coveted side-by-side mixed use commercial properties. These properties open the door to a plethora of possibilities, whether you're seeking a savvy investment, looking to occupy the space yourself, partially occupy it, invest for the long term, or exploring future redevelopment opportunities (STCA). What sets these properties apart is the flexibility they offer you.
This prime location benefits from a solid foundation supported by a vibrant mix of nationally and locally acclaimed retailers including Woolworths, Chemist Warehouse & ANZ Bank to name a few along with an abundance of complementary businesses. Moreover, its strategic positioning just off Nepean Highway and a mere 200m* from Mentone Train Station makes this a truly exciting and unmissable prospect.
Don't let this exceptional opportunity pass you by and secure your stake in the thriving heart of Mentone.
Key highlights of the properties include:
• 5x titles with separate income streams | $121,806 p/a*
• Combined land area | 674m2*
• Combined building area | 349m2*
• Combined street frontage | 12.76m*
• Suit Investors/Owners Occupiers/Developers (STCA)
• Excellent rear access via wide laneway (Patterson Lane)
• Activity Centre Zone (ACZ2)
130 Balcombe Road, Mentone:
• Total building area | 146m2*
• Total land area | 337m2*
• Current income | $65,620 p/a*
• Shop front leased to long-term Tenant
• Quality separate two-bedroom residence with own access
128 Balcombe Road, Mentone:
• Total building area | 203m2*
• Total land area | 337m2*
• Current income | $56,186 p/a*
• 3x Tenancies on 3x titles
For further information, don't hesitate to get in touch with one of the exclusive marketing agents:
Ryan Amler | 0401 971 622
Theo Karkanis | 0431 391 035
George Ganavas | 0478 634 562
*All areas and figures approx. only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.