467 Centre RoadBentleigh VIC 3204
Property Details for 467 Centre Rd, Bentleigh
Last Listing description (April 2022)
*****SOLD*****
Gross Waddell ICR is pleased to offer this bustling retail investment which occupies a prime position along Centre Road, as part of the 'Signature Auction Portfolio'.
https://gwicrsignatureauctionseries.com.au/
Perfectly positioned retail investment to a long-established tenant
3-year lease with 2 further 3-year options
Returning $38,181.82 net per annum* and fixed 4% annual increases
Ideal Commercial 1 Zone (C1Z) landholding of 154 sqm* and benefits from rear lane access
Supreme position near the corner of Jasper Road and in between Coles and Woolworths
Centre Road is a hive of activity with a large collection of cafes, restaurants, boutique fashion stores and an abundance of national retailers
390m* to Bentleigh train station and is close to an abundance of council car parks
Bentleigh is a thriving suburb with a booming median house price of $1,860,000 (source REIV)
The property is to be sold via Public Auction as part of the 'Signature Auction Portfolio' and held at Leonda by the Yarra from 11 am on Thursday the 7th of April 2022. For further information or to organise an inspection, please contact Gross Waddell ICR directly.
*Approx.
Property History for 467 Centre Rd, Bentleigh, VIC 3204
- 07 Apr 2022Sold for $1,222,500
- 11 Mar 2022Listed for Sale Contact Agent
- 04 Dec 2001Transferred
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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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