Investment opportunity, Offices, Retail
| Property ID: | 21446 |
|---|---|
| Price: | Contact Agent |
| Rent: | $18,500 (ex. GST) |
| Building: | 58m² |
|---|---|
| Zoning: | Commercial 1 zoning |
POINT OF INTEREST:
South Road doesn't need an introduction, and neither does the opportunity sitting on it. At 58 sqm* on one of Bentleigh's most active retail strips, this fully tenanted shopfront delivers the kind of investment fundamentals that savvy buyers build portfolios around: a secure 1-year lease term running through to June 2027 with no further options, returning $18,500* per annum plus water rates, meaning the investor collects the income now and steps into vacant possession on their own terms when the time comes. The configuration punches well above its footprint, with street-fronted retail, a rear office/storeroom for operational depth, a kitchenette, bathroom amenities, rear laneway access, and 1 allocated off-street car space, the full complement of a functioning commercial tenancy. A split system handles the climate, and the broader amenity of central Bentleigh, cafés, shops, supermarkets, and public transport with Moorabbin station just moments away, this ensures the address stays relevant well beyond the current lease term.
- Leased to an art gallery/studio for $17,500 per annum + water rates.
- 1-year lease term ending 27th June 2027 with no further options.
- 58 sqm* total building area on one title.
- Rear office/ storeroom in addition to the prominent shopfront.
- Kitchenette and toilet.
- Commercial 1 zoning
- 1 allocated on-site car spaces plus rear laneway access.
- 160 m* from Moorabbin railway station.
- Minutes from Moorabbin station, Woolworths, BWS, Harvey Norman, and the Holmesglen Private Hospital.
POINT OF VIEW:
One title, one lease, one clear exit strategy - the kind of Bentleigh retail investment that rewards patience once and ownership indefinitely.
*Approx.
Pricing excludes GST
| Tenancy | Art Gallery/ Studio |
|---|---|
| Lease Term | 1 year |
| Commenced | 27th of June 2026 |
| Rent Review | N/A |
| Bond/Guarantees | 1 month |
| Outgoings Payable | Water Rates |
| Air Conditioner | Yes |
| Availability | Available now. |
| Car Spaces | 1 allocated car space |
| Condition | Excellent |
| Floors | Concrete |
| Wheel Chair Access | Yes |
| Zoning | Commercial 1 zoning |
| Owners’ Corporation | $2,906.60 p.a.* (including building Insurance) |
|---|---|
| Building Insurance | Not applicable |
| Council Rates | $968.65 p.a.* |
| Water Rates | $850.00 p.a.* |
| Land Tax | $676.00 p.a.* |
| Essential Safety Measures | Not applicable |
| A/C Maintenance | Not applicable |
| Other Charges | Not applicable |
M | 0481 848 240
T | (03) 9654 2311
E | [email protected]
M | 0467 628 951
T | (03) 9623 2580
E | [email protected]