165-169 Nepean Hwy (incl. 8-10 Lower Dandenong Rd), Mentone, VIC 3194

Development/Land | Medical | Showrooms

For Sale

  • Property ID: 437162
  • Floor Area: 3000m²
  • Land Area: 7315m²
  • Occupancy: Vacant

Vinci Carbone are pleased to offer for sale 165-169 Nepean Highway (incl. 8-10 Lower Dandenong Road), Mentone. This highly desirable dual frontage main road development site of 7,315 sqm* offering a combined frontage of over 125 metres* provides an excellent opportunity for occupiers or astute developers to unlock the potential of this site. This exceptional offering that will suit a variety of uses including medical / aged care facilities and auto dealerships (STCA).

Key highlights:

Over 7,315 sqm of Commercial 1 zoned land with two (2) major street frontages of over 125 metres*.
Short term income until 2025 returning $77,133 per annum*.
Adjacent to the property is Thrift Park Shopping Centre, anchored by a major tenant, Woolworths and a variety of retailers including BWS, Bakers Delight and Australia Post.
Medical and aged care facilities are also within a few kilometres* of the property which include: Grand Villa, Avonlea Aged Care, Mercy Place Corben and Arcare Aged Care.
Major auto dealerships such as Hyundai, Ford, Subaru, Toyota, Nissan, Holden, Kia, Skoda, Porsche, Mercedes, Audi and Volkswagen are also located on Nepean Highway.
Public transport is readily available to this property with regular bus services operating along Lower Dandenong Road and the recently upgraded Mentone Train Station just one kilometre* west from the property.

Road networks are very accessible with Nepean Highway providing the main arterial road into the CBD.

For Private Sale


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*
* 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:

  • 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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