801 Centre Rd, Bentleigh East

RETAIL 1-6

801

CENTRE

ROAD BEN TL EIGH EAST

FOR SALE OR LEASE

RETA IL 1-6

801

CENTRE

ROAD BENTL EIGH EAST

CONTENTS 04

INTRODUCTION

06

EXECUTIVE SUMMARY

10

LOCATION

14

SUBURB PROFILE

16

PROPERTY PARTICULARS

18

FLOOR PLAN

22

SALE METHOD

3

INTRODUCTION Aston Commercial are excited to bring to market Centrepiece Commercial at 801 Centre Road, Bentleigh East for sale or lease.

4

Sitting at the base of the newly completed centrepiece residences, a premium 6 level (plus basement) apartment building comprising of 103 magnificently designed apartments are these six ground floor retail opportunities ranging from 40sqm* – 492sqm* as well as up to 19 car parks.

SHOP 1

SHOP 2 SHOP 3

These shops are extremely well suited to a number of future uses inline with commercial 1 zoning, including retail, office and hospitality.

Aston commercial believes that these spaces should be appealing to investors, owner occupiers and tenants looking for high levels of exposure and deserves your serious consideration.

The building itself is perfectly located on the corner of Centre Road and East Boundary Road within the ever growing and evolving suburb of Bentleigh East.

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EXECUTIVE SUMMARY R E T A I L 1- 6

801

CENTRE

ROAD B ENT L E I G H E A S T

A high profile corner property with six brand new retail shops comprising a total of 492sqm approx. positioned at the base of brand new 103 apartment project – Centrepiece residences. These outstanding retail properties benefit from a high exposure corner position, ideally placed to capitalise on the high levels of traffic from both Centre Road and East Boundary Road. These retail assets are ideally positioned to capture the ever-growing popularity of Bentleigh East.

BU ILDIN G A REA

ZONI NG

40-492 square metres*

Commercial Zone 1

M ETHO D OF SA LE

T E R MS OF SAL E

For Sale or Lease

10% deposit on signing of contract of sale and balance in 30, 60 or 90 days

*approx.

EXCLUSIVE SELLING AGENTS

6

Rodney King

Josh Burne

Director of Agency 0422 839 870 rodney@astoncommercial.com.au

Leasing Executive 0430 338 202 josh@astoncommercial.com.au

LOCATION Smack bang on the high traffic corner of Centre Road and East Boundary Road, this property benefits from huge exposure in one of the fastest growing suburbs of South East Melbourne.

Situated just 18kms from the CBD and surrounded by major arterials like Monash Freeway and Princes Highway that provide quick and easy access to and from the property.

The area is surrounded by parks and recreation facilities such as GESAC and bailey reserve providing all the amenities anyone should ever need.

Centre road shopping strip Coles Woolworths IGA ALDI Southland Shopping centre Chadstone shopping centre Boundary hotel Boosa Café

Close proximity to Patterson, Bentleigh and McKinnon train stations Bus (703) Monash Freeway Princes Highway Nepean Highway

Bentleigh Secondary College McKinnon Secondary College St Patrick’s School Sacred Heart Girls College McKinnon Primary School Oakleigh Grammar School

Moorabbin Hospital 10

SUBURB PROFILE

Bentleigh East 3165

The size of Bentleigh East is approximately 9 square kilometres. It has 6 parks covering nearly 3.1% of total area. The population of Bentleigh East in 2011 was 25,924 people. By 2016 the population was 27,656 showing a population growth of 6.7% in the area during that time.

The predominant age group in Bentleigh East is 40-49 years. Households in Bentleigh East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bentleigh East work in a professional occupation.

In 2011, 76.5% of the homes in Bentleigh East were owner-occupied compared with 75% in 2016. Currently the median sales price of houses in the area is $1,345,000.

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$1,345,000

15km

27.7k

From GPO

Population

Median House Price

13yrs

77%

23%

Average Home Ownership

Owner / Occupiers

Renters

Source: CoreLogic 2021

PROPERTY PARTICULARS PROPERTY PARTICULARS Centrepiece Residences A joint collaboration between renowned Bruce Henderson Architects and developer Launch Corporation brings you this ideally positioned high profile six level apartment building.

An outstanding mixed use development comprising 95 apartments and these brilliant six brand new retail shops ranging between 40sqm – 492sqm*. The entire retail space offered is over two levels, being ground floor and the lower level.

ZONING City of Glen Eira planning scheme zoned Commercial 1, the strongest and best zoning you can hope for, designed to create vibrant mixed use commercial centres for retail, office, business and entertainment.

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BUILDING AREAS A breakdown of the six retail tenancies are: Unit No.

Level

Area (sqm*)

Cars

GS 01

Ground

125

3

GS 02

Ground

40

1

GS 03

Ground

40

1

GS 04

Ground

50

2

GS 05

Ground Lower Level

36 143

3

GS 06

Ground

58

3

492

13

Total

The retail tenancies can be purchased individually or in any combination.

See plans for more information.

ADDITIONAL CAR PARKS A further five car spaces are available to be purchased in addition to the current 13 spaces provided on the proposed Plan of Subdivision.

Lot No.

Level

Car

Status

C6 B1 1 Available C9 B1 1 Available C12 B1 1 Available C17 B1 1 Available C18 B1 1 Available Total

5

*approx.

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FLOOR PLAN

SHOP 1

EAST BOUNDARY ROAD

SHOP 2

SHOP 3

SHOP 6 SHOP 4

SHOP 5

BASEMENT

18

SHOP 5

Shop 1

Shop 6

Shop 4

Shop 1

R ETAI L 1-6

801

CENTRE

ROAD BE NTLEI GH EAST

M ETHO D OF SA LE

T E R MS OF SAL E

For Sale or Lease.

10% deposit on signing of contract of sale and balance in 30, 60 or 90 days

I N SPECTION S

CONT RACT OF SAL E & VE NDOR S STATE ME N T

Strictly by private appointment with the exclusive selling agents.

Available upon request.

EXCLUSIVE SELLING AGENTS

22

Rodney King

Josh Burne

Director of Agency 0422 839 870 rodney@astoncommercial.com.au

Leasing Executive 0430 338 202 josh@astoncommercial.com.au

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801

CENTRE

ROAD B ENTLEI GH EAST

DISCLAIMER “Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom. *Approximate