118 Balcombe Road Mentone VIC

  • 4
  • 150
  • 255.00 sqm

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Magnificent Mentone Retail

Superbly located on the tightly held pocket of Balcombe Road, sits this amazing opportunity for that savvy investor, builder, developer or business looking for an upgrade. On 255sqm (approx.) of land and with rear laneway access and accommodation for four cars, up to 5/6 separate offices, now is the time to reap the benefits of choice and capital growth in years to come.

Activity Centre Zoning and the potential of utilising the height limit and building up (S.T.C.A) awaits. With amazing exposure and walking distance to Mentone Train Station, and opposite Woolworths, and other urban cafes and retail this position is hard to find and always in high demand.

Key highlights include:
- Commercial 1 Zoning
- Potential to build up (S.T.C.A)
- Expected rental in excess of $40,000 plus outgoings per annum
- Rear laneway access
- Car parking for up to 4 cars
Features
  • Air Conditioning
  • Car Parking - Surface
  • Carpeted
  • Close to Shops
  • Close to Transport
  • Heating
  • Kitchenette

For Sale

$1,400,000 - $1,500,000
Contact Agent Buyers Due Diligence Checklist

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Anthony Molinaro

Licensed Estate Agent/Auctioneer | Blackburn

0411 061 796

Frank Molinaro

Director/REIV Accredited Auctioneer | Blackburn

0418 390 988

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