For Sale
106 Charman Road Mentone
189m2 (approx.)
PRIME BAYSIDE INVESTMENT
An outstanding opportunity to secure a tenanted investment in the heart of Bayside in one of the area's boutique shopping strips
Leased to “Happy As Larry” Café
3+3+3 Year Lease – Commenced December 2023
Current Rental Income: $38,400 per annum
Rental Growth: 4% Increases annually with Market Review on new options
189 sqm Total Land / Building Area
Zoning: C1Z - Commercial 1
Unbeatable Location – situated on the border of Mentone and Beaumaris within walking distance to the beach and Train Station
This secure, income-generating asset offers investors a strong return with future rental growth in a high-demand retail precinct
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On the radar
Mentone - 3194
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