51-53 Patterson Road, Bentleigh, Vic 3204

Buxton Commercial is pleased to offer for 51-53 Patterson Road, Bentleigh via Expression of Interest, closing on Tuesday 22nd July at 6.00 PM (unless sold prior)

•	Land Area 413 M2 approx.
•	Total Building Area 505 M2 approx.
•	Retail 243 M2 & Residence 262 M2 approx.
•	4 Car Parks Onsite
•	Retail Tenancy Returning $49,514 PA + GST + OG
•	Currently Term Expires March 2027 With 5-Year Option
•	3-Bedroom Residence (Vacant)
•	2-Bedroom Residence (Vacant)
•	Can Be Combined for a 5-Bedroom Residence
•	Anticipates Residential Rental of Up To $65,000 PA, approx.

Arguably Glen Eira’s most impressive lifestyle & investment opportunity, & absolutely the most flexible, this mixed-use property is a unique find...in a uniquely appealing retail & rail hub setting - just 60m to the station. Ready to occupy, invest, or occupy-&-invest, the property offers rare long-term security with an excellent retail tenancy, & 1 vast residence easily configured as 2 dwellings 

Approx 243 sqm double shopfront 
- office, kitchen & WC facilities
- currently returning $49,514pa + GST & outgoings 
- 3 x 5-year options commenced March 2017 with an ongoing tenancy until 2032 and potential for an ongoing tenancy after 2032
Approx 262 sqm, 2-level, 5 bed, 3 bath, triple zone family residence
- double-glazed master suite with ensuite & walk-in robe 
- family zone with BBQ balcony-terrace, formal lounge-dining, ground-floor living
- Bosch appliance kitchen & 2nd ground-floor kitchen area
- reverse-cycle air-con, built-in & walk-in robes, multiple skylights
- 4 car garaging over 2 double garages.
Reconfigure as 2 dwellings
- 2 bed ground-floor unit plus 3 bed, 2 bathroom, dual zone family home 
- additional anticipated residential rental of up to approx $ 65,000 pa
- scope for 3 income streams

Invest where you live & pay your way to life in a big Bentleigh family home. 
Look to the long-term with the flexibility of 3 income streams.
Secure a rare multi-generational asset with future multi-residence development potential (Subject to Council Approval).