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Retail in Bentleigh East, VIC17 & 19 Clarence St

17 & 19 Clarence Street, Bentleigh East, VIC 3165
17 & 19 Clarence StreetBentleigh East VIC 3165 AUS
-37.927891 145.059116
$325,000 Each + GST (if…
  • Building area 50 sqm

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Priced to Sell! - Two Entry Level Retail Investments - Buy One or Buy Both

Property ID 1925966
Ray White Commercial Victoria is pleased to offer 17 & 19 Clarence Street, Bentleigh East to market by way of Private Sale, Vendor will also sell separately.

Perfectly positioned, this sought after location offers trendy caf's and is minutes away from the busy Centre Road shopping precinct, Glen Eira Sports and Aquatic Centre (GESAC), Bentleigh Secondary College with renowned McKinnon High School just around the corner.

These modern retail investments offer the opportunity for the astute investor to acquire an affordable investment with fantastic future capital growth with both properties leased to quality tenants.

If you are contemplating purchasing an inner city investment or wanting to expand on your existing portfolio or S.M.S.F we highly recommend these properties be given serious consideration.

Surrounded by an array of existing commercial properties and new and upcoming residential developments, this is a fantastic opportunity to secure one or both of these affordable investments!

17 Clarence Street (St. Anthony Pharmacy):

• Total building area | 50m2 approx.
• Currently returning $15,532 p/a + GST + Outgoings
• Two (2) Year lease commenced April 2017
• Two (2) Further terms of Two (2) Years
• Fixed annual increases of 3%
• One (1) secure car space on title
• Commercial 1 zone.

19 Clarence Street (Massage Tenant):

• Total building area | 50m2 approx.
• Currently returning $20,400 p/a + GST (outgoings included in annual rent)
• Two (2) Year lease commenced October 2018
• Two (2) Further term of Two (2) Years each
• Market review upon exercising of option
• One (1) secure car space on title
• Commercial 1 zone.

For further information or to arrange an on-site inspection, please contact one of the exclusive marketing agents:

George Kelepouris 0425 798 677
Theo Karkanis 0431 391 035
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