Auction: 28/10/2021 2:00 PM

111-113 Mentone Parade
MENTONE, VIC 3194

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Property Description

Marvellous Mentone Opportunity – 2 Shops + Land

Fitzroys is delighted to offer for sale by Public Auction on Thursday 28th October at 2pm, a versatile site with excellent value add prospects located within the rapidly evolving bayside lifestyle precinct of Mentone.

Key features include:

  • Expansive land area of 505sqm*
  • Underutilised site includes two shops with a combined building area of 180sqm* encompassing less than 40% site coverage
  • Dual frontage to Mentone Parade and large council car park at rear
  • Flexible lease profile with holding income
  • Versatile opportunity suited to a range of investors, owner occupiers and developers (stca)
  • Located within the heart of the popular Mentone retail and lifestyle precinct, metres from Coles Supermarket and in proximity to Woolworths, Chemist Warehouse, La Porchetta, Aus Post, major Banks and established local retailers and eateries
  • Metres from the new Mentone Train Station and $3.4m Mentone Community Piazza project
  • Surrounded by various prestigious schools including Kilbreda College (directly opposite), Mentone Grammar, St Bede’s and Mentone Girls Grammar
  • Favourable Activity Centre Zoning providing scope for multiple development outcomes (stca)
  • Well serviced by major arterial roads including Nepean Highway, Warragul Road and Balcombe Road providing convenient access to surrounding South Eastern suburbs and the CBD
  • Affordable opportunity in one of Bayside’s most popular commercial precincts.

111-113 MENTONE PARADE, MENTONE – FOR SALE BY PUBLIC AUCTION ON THURSDAY 28th OCTOBER @ 2PM

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Consultant

Chris Kombi

M: 0438 156 236
E: kombic@fitzroys.com.au

Tom Fisher

M: 0417 980 824
E: fishert@fitzroys.com.au

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Property Information

Property ID
131516

Price
Contact Agent

Building
180m2

Land
505m2