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140 Balcombe Road, Mentone VIC 3194

Last Asking Price - $1,100,000

RetailSize: n/a
Block size: 276 m² approx.
Crabtrees Real Estate are excited to offer 140 Balcombe Road, Mentone for sale via Public Auction on Wednesday 15th June at 1.30pm on-site.

This tightly held Mentone Village freehold retail investment is leased to Thai Village Restaurant.

Irreplaceable Mentone Village is located approximately 200 metres from the subject property, home to major national retailers including Woolworths, BWS, National Australia Bank, Commonwealth Bank, Chemist Warehouse and newly upgraded Mentone Railway Station.

Investment Features:

+ Leased to Thai Village Restaurant on a 4 year lease until September 2024 (nil further options)
+ Currently returning $39,193 per annum (net) plus GST
+ Fixed 3.5% annual increases

Property Features:

+ Substantial landholding of 276 sqm*
+ Favourable Activity Centre Zone (ACZ2)
+ Pedestrian crossing directly out the front
+ Rear laneway access

You can now Watch, Bid and Buy online at this auction via the Anywhere Auctions website or app by clicking the link.

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

Features include: Close to Transport,Close to Shops


No open inspections scheduled.

Send an enquiry

Contact Chris McKenzie to learn more about this property, request an inspection or take an online tour.

Key details

Property Type:Retail
Block Size:276 *
*These are approximate values based on available information.
Crabtrees Real Estate Oakleigh

Maps and area information

Block information
Block size: 276 (approx)
Legal description: 4\LP11177
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2022.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
16 Jun 2022
Crabtrees Real Estate Oakleigh
Listed: 18/05/2022
Block size: 276m²
Transfer type: Full transfer

Suburb and property insights

About Mentone

Modern Carlton North home sells for $1.615m in election day auction
Average Age
43 years
Mentone's Property Profile
Mentone's Occupancy

Contact agents

Crabtrees Real Estate Oakleigh

Crabtrees Real Estate Oakleigh

View agency details
Chris McKenzieCrabtrees Real Estate Oakleigh
Saul AkokaCrabtrees Real Estate Oakleigh
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Listing ID: 180640070. This listing has been viewed 0 times. It was first displayed on 18/05/2022 and last updated on 16/06/2022.