$1,200,000

**Mixed-Use Commercial Investment!**
**High Exposure Location**
**Retail with Separate Residence**
**Long-Term Commercial Tenancy**

THE SPECIFICS
Mak Realty is proud to present to market 715 Centre Road, Bentleigh East, available for purchase through Expressions of Interest (unless sold prior). This standout property includes a separate three - bedroom two bathroom residence, nestled in one of Melbourne's most coveted and high-demand South Eastern suburbs.

Ideally situated in a high-visibility area, this property is amidst a variety of supportive and service-oriented businesses, such as food outlets, supermarkets, gyms, medical centres, hair salons, and more. It serves as a vibrant local shopping centre, fulfilling all the daily necessities of the community.

THE CLOSE
The property benefits from excellent connectivity, with easy access to major roads including Nepean Hwy, East Boundary Road, Warrigal Road, North Road, and South Road.

This property offers two distinct components - a leased storefront (currently operating as a Korean restaurant) since 2022, and a separate three-bedroom two bathroom residence, providing the perfect opportunity for those seeking versatility with dual investment streams.

This is an investment opportunity not to be overlooked, no matter what you're searching for in your next commercial property acquisition!

**The Property:**

• **Total building area** | 180m²*
• **Total land area** | 180m²*
• **Combined income** $72,000 P/A (Approx)
• **Two-level mixed-use commercial building**
• **Ground floor retail/restaurant premises** & **second floor 3-bedroom, 2 Bathroom residence**
• **Separate entrances** for both commercial and residential areas

**The Tenancies:**

**RETAIL**
• **Current lease until February 2031**
• **Current income** $42,00 Per Annum plus GST plus Outgoings
• **4% return every year**

**RESIDENCE**
• **3 Beds Master with en suite and walk in robe 2 Baths with a large Kitchen
• **Month-to-month tenancy**
• **Current income** $2,500 per month

*Approximate

Presented by **Chris Azar at Mak Realty**, this property represents a unique opportunity in a prime location. Don't miss out!

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THE AGENTS

Chris Azar | 0412 656 205
Claude Makdesi | 0405 342 244

Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, MAK REALTY cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters. *Gross estimate, purchasers will need to complete their due diligence.