68-69 Beach Road, Mentone, Vic 3194

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Published on: 25 Sep 2024
Last updated on: 25 Sep 2024
68-69 Beach Road, Mentone, Vic 3194
68-69 Beach Road, Mentone, Vic 3194
68-69 Beach Road, Mentone, Vic 3194
+16
68-69 Beach Road, Mentone, Vic 3194
  • 16
  • 1
Property ID: 504696644
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Key property information

Land Size
7,179.53 sq ft
Zoning
Commercial 1
Floor Area
2,906.26 sq ft
Tenure Type
vacant

Stunning Views, Invest With Upside

68-69 Beach Road, Mentone, Vic 3194
A once in a lifetime opportunity to secure your dream bayside lifestyle has become available at 68-69 Beach Road, Mentone.

With stunning panoramic views over Beaumaris Bay, Mentone Life Saving Club and all the way down the peninsula to Port Philip Heads, this spacious 3-bedroom apartment sits atop two fully leased commercial shops which provide secure rental income.

Key features include:

THE OFFERING
* Two leased shops and a whole floor apartment - all on one title
* Fully leased income estimated at $170,000 per annum (approx.)
* Commercial 1 zoned site totaling 667sqm*
* Opportunity to further development rear land (STCA)

THE APARTMENT
* Whole floor apartment with 3 bedrooms and 2 bathrooms
* Large living, kitchen and dining areas
* Terrace with stunning views!
* Garage plus double carport/single garage

THE COMMERCIAL
* Renewed five (5) year lease to well-established cafe, Chain of Fools
* Secure lease to leading bayside architect, Kiril Architects
* Total commercial rental income of $121,700 per annum (approx.)

This is a unique opportunity to occupy and collect rental income, all while enjoying the dream bayside lifestyle!

For further details or to arrange an inspection please contact:

Julian Vautin 0420 406 660
James Glen 0401 493 277

OPEN FOR INSPECTION:

Wednesday	2nd October	2024	12:00 PM	12:30 PM
Wednesday	9th	October	2024	12:00 PM	12:30 PM
Wednesday	16th October	2024	12:00 PM	12:30 PM
Wednesday	23rd October	2024	12:00 PM	12:30 PM
Saturday	26th October	2024	11:30 AM	12:00 PM (Pre-auction)

DISCLAIMER:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. 

* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.

Property Details

Basic Info

Property Type
RetailLand/Development
Listing Status
On Market
Land Size
7,179.53 sq ft
Address
68-69 Beach Road, Mentone, Vic 3194

Floorplans and tours

Floorplan
Julian Vautin
Julian Vautin
James Glen
James Glen
358 South Road, Moorabbin, Vic 3189
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Julian Vautin
Julian Vautin
James Glen
James Glen
358 South Road, Moorabbin, Vic 3189
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      Property ID: 504696644

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