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479-481 South Rd 624 SF Office/Retail Condo Unit in Bentleigh, VIC 3204
Investment Highlights
- Located on South Road, offering convenient access to major transport routes and Moorabbin Station.
- Surrounding amenities include schools, childcare centers, and retail services within walking distance.
- Positioned within the Glen Eira municipality, an established residential and mixed-use precinct.
- Strong connectivity to public transport and arterial roads, enhancing tenant accessibility.
Executive Summary
The property at 479-481 South Road, Bentleigh VIC 3204 is a multifamily residential asset located within the Glen Eira municipality. It comprises multiple apartment units configured for residential use, with individual units typically offering two bedrooms, one or two bathrooms, and allocated parking. The building sits on an approximate land parcel of 388 sqm and is positioned along South Road, a key arterial route in Melbourne’s southeast. The property benefits from proximity to Moorabbin Railway Station and local bus routes, providing strong public transport connectivity. Surrounding land use includes a mix of residential dwellings, retail services, and community amenities. The site is within a well-established suburban area with access to schools, childcare centers, and shopping precincts.
1 Unit Available
Unit 479
| Unit Size | 624 SF | NOI | $13,328.33 |
| Condo Use | Office/Retail | No. Parking Spaces | 1 |
| Sale Type | Investment |
| Unit Size | 624 SF |
| Condo Use | Office/Retail |
| Sale Type | Investment |
| NOI | $13,328.33 |
| No. Parking Spaces | 1 |
Description
The space consists of a 58 m² commercial premises located on South Road in Bentleigh. It comprises a single title with street frontage, a retail/shopfront area, a rear office/storeroom, kitchenette, and on-site toilet facilities. Zoning is Commercial 1. The premises includes one allocated off-street car space and rear lane access
Sale Notes
Positioned on Bentleigh’s high-profile South Road, this 58 m² commercial property offers a compelling investment with a clear transition strategy. Currently generating $18,500 per annum plus water rates under a secure tenancy that runs through June 2027, buyers benefit from immediate income with the ability to gain vacant possession at lease end. The layout includes a street-facing retail frontage complemented by a rear office/storeroom, kitchenette, and bathroom amenities, while one on-site car space and rear lane access add further utility.
Situated within Bentleigh’s active commercial spine, this property is surrounded by strong local amenities including cafés, supermarkets, and specialty retailers. Moorabbin Station is just 160 meters away, providing direct connectivity across Melbourne, while essential arterials like South Road and Nepean Highway ensure high visibility and excellent accessibility. This opportunity combines income stability, a thriving location, and long-term flexibility, making it a standout in the inner south-east market for investors or future occupiers.
Open Plan Layout at the entrance
Rear Storage Area
Kitchen Area
Floorplan
Property Facts
| Total Building Size | 15,877 SF | Floors | 4 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 4,295 SF |
| Property Subtype | Apartment | Lot Size | 0.10 AC |
| Building Class | C |
| Total Building Size | 15,877 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 4,295 SF |
| Lot Size | 0.10 AC |
Presented by
479-481 South Rd
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