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1204 Centre Rd 689 SF 100% Leased Retail Building Clarinda, VIC 3167 $542,775 ($787.90/SF)
Investment Highlights
- Prominent frontage along Centre Road delivering measurable profile advantages.
- Excellent public transport accessibility with bus routes operating in immediate proximity.
- Secure holding with Commercial 1 zoning enabling future development or alternate usage pathways (STCA).
- Situated within a vibrant neighborhood retail strip surrounded by mixed-use occupiers and essential services.
- Land configuration providing rear access and ancillary yard area supporting varied business activities.
Executive Summary
1204 Centre Road offers a rare freehold acquisition opportunity within a recognized local retail strip in Melbourne’s southeast. Located near the intersection of Centre Road and Huntingdale Road, the property enjoys strong exposure to consistent vehicular and pedestrian traffic flows while being well serviced by surrounding retail, lifestyle, and community amenities.
Set on an allotment of approximately 192 m², the property lends itself to diverse commercial uses including retail, showroom, or service-based applications. The Commercial 1 zoning provides flexibility for future adaptation including potential redevelopment (STCA). Rear lane access and external yard functionality support operational convenience, while the property’s integration within a busy commercial corridor enhances its branding and customer access potential.
With no existing lease encumbrances, this freehold offering provides genuine scope for owner-occupation or strategic repositioning to capture income and value upside within a tightly held marketplace.
Set on an allotment of approximately 192 m², the property lends itself to diverse commercial uses including retail, showroom, or service-based applications. The Commercial 1 zoning provides flexibility for future adaptation including potential redevelopment (STCA). Rear lane access and external yard functionality support operational convenience, while the property’s integration within a busy commercial corridor enhances its branding and customer access potential.
With no existing lease encumbrances, this freehold offering provides genuine scope for owner-occupation or strategic repositioning to capture income and value upside within a tightly held marketplace.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
689 SF
Building Class
C
Price
$542,775
Price Per SF
$787.90
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.05 AC
Amenities
- Courtyard
- Signage
- Wheelchair Accessible
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1204 Centre Rd
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