359 Centre Road, Bentleigh, VIC 3204 | Property Value & History | OnTheHouse
OFF MARKET

359 Centre Road
Bentleigh VIC 3204

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 138m2
Land area: 1021m2
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Property Details for 359 Centre Rd, Bentleigh

Building Type
Commercial
Floor Size
138m2
Land Size
1021m2
Local Government
Glen Eira
Lot/Plan
4/PS402970

Last Listing description (January 2025)

RWC (Oakleigh) presents 359 Centre Road, Bentleigh to the market for sale available via a public auction on Wednesday 18th September 2024 at 11:00am.

This prime retail investment located in the heart of Bentleigh's bustling shopping village is situated just 50m* from Bentleigh Train Station and near the corner of Nicholson St.

Being offered with a brand new 2 + 2 year lease, this is a set and forget investment in a highly sought after Bayside location.

Key Property Benefits:

Total Building Area |131m*
Single-Level Retail Premises with exceptionally high internal ceilings
New 2 + 2 year lease
Returning $45,000 p/a plus GST & Outgoings
Rear access with 1 car space
Excellent exposure and foot traffic
50m* from Bentleigh Train Station
Terms | 10% deposit, 30 - 90 days

Bentleigh Shopping Village is well known for its vibrant retail scene, the village features a wide range of specialty shops, cafes, and essential services. It is a popular destination with a strong community atmosphere and consistent foot traffic, making it an attractive location for businesses and property investment alike.

The property is conveniently located near Bentleigh Train Station, offering easy public transport access. Additionally, major arterials like Nepean Highway and Centre Road provide seamless connectivity to surrounding areas and Melbourne's CBD.

Don't miss this chance to secure a valuable asset in one of Melbourne's thriving retail precincts.

Inspection Times:

Tuesday 27th August | 1:00PM - 1:30PM
Tuesday 3rd September | 1:00PM - 1:30PM
Tuesday 10th September | 1:00PM - 1:30PM
Tuesday 17th September | 1:00PM - 1:30PM
Wednesday 18th September | 10:30AM - 11:00AM (Auction Day)

For further information and to obtain a copy of the contract of sale or information memorandum, please contact one of the exclusive marketing agents below:

Ryan Amler | 0401 971 622
Anthony Anastopoulos | 0488 095 057

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Property History for 359 Centre Rd, Bentleigh, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$778,000
18 Sep 2024
Listed for Rent
$939/w
07 Apr 2024
  • 18 Sep 2024
    Sold for $778,000
  • 15 Aug 2024
    Listed for Sale Auction
  • 24 Jun 2023
    Listed for Rent - Price not available
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About Bentleigh 3204

The size of Bentleigh is approximately 4.7 square kilometres. It has 6 parks covering nearly 3.8% of total area. The population of Bentleigh in 2016 was 16153 people. By 2021 the population was 17921 showing a population growth of 11.0% in the area during that time. The predominant age group in Bentleigh is 40-49 years. Households in Bentleigh are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bentleigh work in a professional occupation.In 2021, 69.30% of the homes in Bentleigh were owner-occupied compared with 70.50% in 2016.

Bentleigh has 9,484 properties. Over the last 5 years, Houses in Bentleigh have seen a 18.89% increase in median value, while Units have seen a 12.79% increase. As at 31 December 2025:

  • The median value for Houses in Bentleigh is $1,829,353 while the median value for Units is $822,171.
  • Houses have a median rent of $778 while Units have a median rent of $650.
There are currently 8 properties listed for sale, and 12 properties listed for rent in Bentleigh on OnTheHouse. According to Cotality's data, 414 properties were sold in the past 12 months in Bentleigh.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.