742 Centre Road, Bentleigh East, VIC 3165 | Land for sale | OnTheHouse
 
FOR SALE
For Sale $1,400,000 - $1,450,000View Property Price Statement

742 Centre Road
Bentleigh East VIC 3165

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Land area: 788m2
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Prime Development Opportunity in the Heart of Bentleigh East

Positioned in a highly sought-after Bentleigh East location, this substantial 788sqm (approx.) allotment with an impressive 20m-wide frontage presents an exceptional opportunity for developers, builders and investors seeking flexibility, scale and future potential.
The property comes with the significant advantage of approved plans and permits for six luxury townhouses, comprising three-bedroom residences positioned at the front and rear, with four spacious two-bedroom townhouses through the centre. With much of the planning work already completed, the site provides an exciting opportunity to move forward with an established development vision.
For those looking beyond the existing approval, the property’s generous proportions and flexible zoning provide scope to explore a variety of alternative possibilities. Whether your vision is for a substantial single residence, a premium side-by-side development or potentially a commercial use, the site offers excellent versatility to pursue a different direction, subject to council approval.
The location is equally impressive, offering an outstanding combination of lifestyle and convenience. Bentleigh Secondary College, Glen Eira Sports and Aquatic Centre and Bentleigh Station are all within easy reach, together with an excellent selection of local shopping, dining and everyday amenities. Chadstone Shopping Centre, one of Australia’s largest shopping destinations, is also conveniently accessible, while the lifestyle and coastline of Brighton Beach are approximately 10 minutes away.
Combining 788sqm of prime land, a wide 20m frontage, approved plans and permits and outstanding future flexibility, this is a rare opportunity to secure a significant development site in one of Melbourne’s most desirable and well-connected locations.

Property Details for 742 Centre Rd, Bentleigh East

Building Type
Land
Land Size
788m2
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About Bentleigh East 3165

The size of Bentleigh East is approximately 9.0 square kilometres. There are 16 parks, covering nearly 9.6% of the total area. The population of Bentleigh East in 2016 was 27635 people. By 2021 the population was 30159 showing a population growth of 9.1% in the area during that time. The predominant age group in Bentleigh East is 40-49 years. Households in Bentleigh East are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Bentleigh East work in a professional occupation.In 2021, 74.20% of the homes in Bentleigh East were owner-occupied compared with 75.00% in 2016.

Bentleigh East has 14,417 properties. Over the last 5 years, Houses in Bentleigh East have seen a -7.57% decrease in median value, while Units have seen a -2.03% decrease. As at 31 August 2026:

  • The median value for Houses in Bentleigh East is $1,401,699 while the median value for Units is $1,005,151.
  • Houses have a median rent of $800 while Units have a median rent of $800.
There are currently 19 properties listed for sale, and 28 properties listed for rent in Bentleigh east on OnTheHouse. According to Cotality's data, 590 properties were sold in the past 12 months in Bentleigh east.

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Rowan Liew
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