Retail | Offices

Property ID: 415908

 

FIRST TIME OFFERED IN OVER 60 YEARS!!

169 + 169A Jasper Road, Bentleigh, VIC 3204

Adjacent one of the last under-capitalised Centre Rd corners, this time-capsule 2-storey shop & office provides a rare window to the past at future-forward address. Currently fully rented with flexible & an on-going lease arrangements, the property provides a strong return on investment today with exciting upside for tomorrow.

- Totaling 460sqm* floorspace over 2-storeys
- built boundary-to-boundary on a 234sqm site
- solid-brick suspended-slab, character & substance rarely seen today

- bounded by a laneway to the south & a public parking lot to the west
- possibility of city views from future upper levels
- Commercial 1 Zone, McKinnon Secondary College Zone

320sqm* Shopfront
- tidy shop/showroom with updated acoustic ceiling & flooring
- multiple office, workshop & storage spaces, additional 1st-floor office

- tilt-door double garage to the rear
- long-term tenant on monthly arrangement
- rental $30,636pa plus GST
140sqm* Office
- partitioned office areas with retro appeal
- access via private streetfront stairway
- rental $21,517.68pa plus GST with annual CPI increase & further options
- at the crossroads of Centre Rd
- fast-developing residential locale in the McKinnon College Zone
- 200m to Hodgson Reserve sport facilities

- 550m to Bentleigh station
- 13km to Melbourne CBD or 28 minutes by train

Bring an innovative business vision to this character building
Invest in a premier off-Centre address
Capitalise on future upside of this prime residential/retail position


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.

Sold

$1,550,000

Andrew Mclaren

James Davie