483 South RoadBentleigh VIC 3204
Property Details for 483 South Rd, Bentleigh
Last Listing description (September 2023)
To enquire, please email or call 1300 815 051 and enter code 8542
OWNER SAYS SELL!
PERMIT APPROVED
OCCUPY, INVEST OR DEVELOP
I am pleased to offer this rare freehold opportunity for sale via Private Sale.
This affordable freehold with plans and permit approved for construction of a five (5) storey building is the ideal investment for your portfolio.
Key Attributes of the offering include:
- Total Land Area: 200 sqm* with R.O.W
- Total Building Area: 125 sqm*
- Permit approved for a 5 storey building (7 apartments + 1 retail)
- Two (2) onsite car parks on the rear
- Short term holding income ($1300 per month).
- Commercial 1 Zone (C1Z)
- Suitable for Owner occupiers, Investors or Developers
- Close proximity to amenities such as Woolworths Supermarket, Moorabbin Train Station, BWS, Moorabbin Library and so on
- Easy access to major arterials Nepean Highway, Dingley Bypass and Warrigal road
To enquire, please email or call 1300 815 051 and enter code 8542
Property History for 483 South Rd, Bentleigh, VIC 3204
- 06 Sep 2023Listed for Sale $760,000 - $830,000
- 03 May 2023Listed for Rent $19,000 / year
- 09 Dec 2022Sold for $580,000
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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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