Significant Exposure to Major Arterial Roads
1B Balcombe Road, Mentone VIC
Property Highlights
Description
Burgess Rawson is pleased to offer to market, 1B Balcombe Road, Mentone (Melbourne) for lease.
Formerly used as a Food & Beverage establishment, its existing amenities make it the perfect location to set up a new Restaurant or Take-Away in no time.
The property has the following highlights:
+ High-profile position beneath the prestigious Archer development, comprising of 87 luxurious residential apartments, and with a strong trade catchment of 61,000 residents within a 3km radius.
+ Prominent frontage and exposure to the Nepean Highway and Warrigal Road intersection with an average of 69,400* vehicles passing daily.
+ Household spending per capita on retail services in Mentone is 23% greater than the Victorian average.
+ Mentone: booming bayside suburb, 21km from the Melbourne CBD. Median house price $1,292,500, up 15% since April 2021 and a population growth forecast of 21%+ by 2041.
For further information please contact the exclusively appointed agents Ben Luu 0488 331 580 and James Bergman 0413 830 707.
Property Details