| House | $1,478,300  |
| Unit | $806,200 |
| Land | $947,800  |
Surrounding suburbs
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| Map | Nearby prices |
| Property Description: |
OPEN FOR INSPECTION - Wed 9th Aug at 4.30pm. Wonderfully located in one of the south east's most popular and vibrant retail strips in Centre Road Bentleigh East, this unique freehold opportunity is enhanced by an excellent group of surrounding businesses including Bakers Delight, Pharmacy Superstore and IGA Supermarket. Takeaway food has and will continue to rise in popularity and numbers especially in this immediate area which has now brought the young professional demographic to the area with brand new modern developments occurring. The property is highlighted by the key attributes to buyers: * Leased to well known tenant King 88 Chinese Restaurant * Tenant pays a net rental of $33,360 per annum * Long standing restaurant business - best dumplings outside of Chinatown! * Lease expiry of March 2018 * Lease options of 5 + 5 years * Flexible Commercial 1 zoning allowing long term development upside * Rear laneway access * Booming suburb (Bentleigh East is one of the fastest growing suburbs in Melbourne's inner south) For further information contact: JULIAN VAUTIN - 0420 406 660 julianv@nicholscrowder.com.auRead more Lot/Plan No: 1/TP88046 |
| Planning History: |
| [31 May 1994] APPROVED - ALTS TO SHOPFRONT 20.02.90 - commercial |
| [10 Feb 2006] -Use the existing building as a restaurant -Sale and consumption of liquor on the premise -Waivering of carparking associated with a restaurant -Erect new signage |
| [18 Apr 2006] Sale and consumption of liquor on the premise, display of internally illuminated business signage, carrying out works and reduction of car parking requirments associated with a restaurant use |
| [30 Nov 2007] Buildings and works associated with an existing restaurant (carport and roller door) |
| Search neighbour's planning permit |
| Property report from Government |
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