SUBSTANTIAL LANDHOLDING WITH INCOME AND MULTI-LEVEL DEVELOPMENT POTENTIAL

Ray White Commercial Oakleigh are excited to present 11-13 Balcombe Road, Mentone for Sale via Public Auction on 7th July 2023 @ 11.00am.

Offering a substantial double frontage allotment located in this booming Bayside suburb, is sure to appeal to developers, owner occupiers and investors alike. Offering immediate income with multiple value-add propositions including multi-level redevelopment (STCA). Situated in a bustling and high-exposure location on the corner of Nepean Highway, Warrigal Road and Balcombe Road the property offers fantastic exposure plus signage opportunities.

Property Features Include:

• Total Land Area | 565m2 *
• Total Building Area | 175m2 *
• Open plan throughout
• Large staff area at the rear
• Rental | $40,816.68 p/a* net (as of 18th September 2023)
• Tenant on a month-to-month tenancy
• Ample car parking
• Suit Investors/Owners Occupiers/Developers (STCA)
• Over 8 metres of street frontage
• Mixed Use Zoning (MUZ)

Inspection times:

• Friday 30 June 2023 10:30 am - 11:00 am
• Friday 7th July 2023 10:30 am - 11:00 am (Before Auction)

Should you be unable to attend the highly anticipated On-site Auction, you will be able to bid from the comfort of your home or office via Anywhere Auctions.

To register to Bid: Please visit the Anywhere Auctions website or download the app and click on the "Register to Bid" button against this property:

https://anywhereauctions.com.au/app/property?propertyId=33564

For further information, don't hesitate to get in touch with one of the exclusive marketing agents:

George Kelepouris | 0425 798 677
Simon Liang | 0451 954 318

*All areas and figures are approximate only. All boundaries are indicative only. All precaution has been
taken to establish the accuracy of all information provided but this does not constitute any
representation by the Vendor or Agent.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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