285-305 Centre Rd 2,583 SF Retail Condo Unit in Bentleigh, VIC 3204

The property is situated on Centre Road within Bentleigh’s established retail strip and sits adjacent to an ALDI supermarket. It has dual access from the main street and the shopping arcade. The site benefits from street frontage and is located approximately 250 meters from Bentleigh Train Station. The surrounding precinct includes supermarkets, financial institutions, and local dining establishments, and offers connectivity to key arterial roads.

This high-profile retail investment presents a secure and long-term opportunity in the heart of Bentleigh’s thriving Centre Road shopping precinct. Occupied by Direct Chemist Outlet—a nationally recognized pharmacy brand with over 140 locations—under a 10-year lease with options extending through 2039, this property offers a stable and predictable income stream for investors. The premises, measuring approximately 240 m², enjoys direct exposure to Centre Road and the neighboring full-line ALDI supermarket, ensuring consistent foot traffic and strong customer visibility.
The site features dual access points from Centre Road and an internal shopping arcade, enhancing convenience for shoppers. With 30 meters of street frontage, the property commands significant exposure to passing traffic and includes three secure on-title car spaces, supplemented by extensive council parking at the rear. Positioned within a dynamic retail environment, it is surrounded by high-volume anchors, national tenants, and major banks. Connectivity is excellent, with Bentleigh Train Station just 250 meters away and close access to major arterial routes. This rare investment opportunity combines strong tenancy, prime positioning, and sustainable rental growth.