434 Centre RoadBentleigh VIC 3204
Property Details for 434 Centre Rd, Bentleigh
Last Listing description (September 2022)
Fitzroys is pleased to present a versatile freehold located at 434 Centre Road, Bentleigh for sale by Public Auction on Thursday 4th August at 12pm on-site
Key attributes include:
-Prominent freehold with huge upside, positioned perfectly within Centre Road's retail and lifestyle precinct
-Returning $74,928* per annum plus outgoings (incl. SLT)
-Leased until June 2023 with no further options - providing scope for investment, occupation of value-add propositions (STPA)
-Flexible improvements over 2 levels, totalling 180sqm*
-Land area: 202sqm* with rear access plus on-site car parking for multiple cars
-Short distance from Bentleigh Train Station as well as regular bus services along Centre Road
-Flexible Commercial 1 Zoning (C1Z) providing excellent scope for value-add prospects (STPA)
-Excellent surrounding public car park options
-Prime position, surrounding by 3 full line supermarkets (Coles, Woolworths and Aldi) as well as an abundance of national and local operators including all major banks, OPSM, Linenhouse, Chemist Warehouse, Vinnies, Bakers Delight, Sportsgirl, Little Tommy Tucker, Sonder Bar and more
-Exciting freehold opportunity in the heart of Bentleigh's commercial and retail hub
FOR SALE BY PUBLIC AUCTION ON THURSDAY 4TH AUGUST AT 12PM ON-SITE
*approx.
Property History for 434 Centre Rd, Bentleigh, VIC 3204
- 04 Aug 2022Sold for $1,980,000
- 06 Jul 2022Listed for Sale Contact Agent
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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.
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