951 Centre Road, Bentleigh East, VIC 3165

Retail | Medical


  • Property ID: 442552
  • Floor Area: 70m²
  • Land Area: 250m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 01/05/2024 70m2 250m2 Contact Agent


Bentleigh East’s local retail and services strip is as tight-laced as they come, so this is your rare opportunity to get your foot in the door. An established tenant, The Foot and Ankle Clinic, has been occupying since May 2020, and will continue to do so for another 6+ years. They’re fond of the air-conditioned consulting rooms, modern kitchenette, and high-quality finishes throughout, so they foot the bill of $47,342.86 per annum + GST in rent. There’s also an undercover storage area, rear access with on-site parking, and additional spots at the front door. Centre Road is exactly that, with an estimated 17,000 vehicles passing daily and a stone’s throw from further complementary medical services like the Moorabbin Hospital. A high-exposure location meets a richly local neighbourhood, making this investment the most strategic step towards commercial success.

- Leased to My FootDr (Aust) Limited trading as The Foot and Ankle Clinic.
- Rental $47,342.86 p.a. + GST ($48,999.86 p.a. + GST from 8th May 2024).
- 10-year lease from 8th May 2020, plus 2 further 5 year options.
- 250 sqm* Commercial 1 land area with future value add upside.
- 70 sqm* building area + 10 sqm* covered storage.
- Rear right of way access and on site parking.
- 790 m* direct access to the Monash Health Moorabbin Hospital.
- 720 m* to Warrigal Road.


Unlike this highly established tenant, campaigns like these don’t cater to those who drag their feet. Get in early to own a piece of Bentleigh’s coveted retail strip.

Pricing excludes GST

Additional Information
  • Availability: N/A
  • Lease Term: 10 years + 2 further terms of 5 years each
  • Rent Review: 3.5% annually, Market review at the options
  • Car Spaces: Allocated at the rear
  • Condition: Excellent
  • Air Conditioning: Yes
  • Floors: Carpet/Floorboards
  • Lifts: N/A
  • Height: 2.7 meters
  • Age: TBA
  • Car Parking Fees: N/A
  • Water Rates: $796.56 p.a. approx.
  • Land Tax: $2,700 p.a. approx. (Single Holding)
  • Council Rates: $2,189.90 p.a. approx.
Bentleigh East Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $68 ---
Retail $7400 $317 4.28%
Offices --- $317 ---
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 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:

  • 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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