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724 Centre Rd 753 SF Retail Building Bentleigh East, VIC 3165 For Sale



Investment Highlights
- Prominent 15-meter combined street frontage to Centre Road with rear lane access.
- Strong surrounding tenant mix including IGA, Priceline, Boundary Hotel, BWS, and Australia Post.
- Zoned Commercial 1, supporting retail, office, and multi-story mixed-use development (STCA).
- Located in a tightly held retail strip with consistent local and commuter patronage.
Executive Summary
724–726A Centre Road in Bentleigh East presents a rare triple-title opportunity within a highly desirable retail and lifestyle precinct in Melbourne’s southeast. Comprising approximately 534 square meters of land across three titles and a combined building area of 242 square meters, the property offers exceptional flexibility for owner-occupiers, investors, or developers.
The key advantage lies in the versatility of the asset: purchase one, two, or all three titles to suit your requirements. Positioned with a 15-meter combined frontage along Centre Road and featuring rear laneway access, the site is zoned Commercial 1 (C1Z), unlocking significant multi-level development potential (STCA). This thriving retail strip boasts strong foot traffic and is anchored by national tenants, including IGA, Priceline, Australia Post, and BWS, complementing its appeal for retail and mixed-use development.
Located roughly 14.6 km southeast of Melbourne CBD, this sought-after address combines accessibility with a vibrant local demographic. With two existing tenants in overholding and one vacant tenancy, the property aligns with multiple investment strategies—secure immediate income, occupy immediately, or redevelop to maximize uplift.
The key advantage lies in the versatility of the asset: purchase one, two, or all three titles to suit your requirements. Positioned with a 15-meter combined frontage along Centre Road and featuring rear laneway access, the site is zoned Commercial 1 (C1Z), unlocking significant multi-level development potential (STCA). This thriving retail strip boasts strong foot traffic and is anchored by national tenants, including IGA, Priceline, Australia Post, and BWS, complementing its appeal for retail and mixed-use development.
Located roughly 14.6 km southeast of Melbourne CBD, this sought-after address combines accessibility with a vibrant local demographic. With two existing tenants in overholding and one vacant tenancy, the property aligns with multiple investment strategies—secure immediate income, occupy immediately, or redevelop to maximize uplift.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
753 SF
Building Class
C
Tenancy
Single
Building Height
1 Story
Building FAR
0.39
Lot Size
0.04 AC
Amenities
- Signage
- Air Conditioning
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724 Centre Rd
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