Start your search

Watch

Your home of Commercial Ready videos

Watch

All Videos

Club Lime Mentone, 86-88 Balcombe Rd, Mentone, VIC, 3194

Enquire

+11 Photos

+13 Photos

Mentone

Enquire now

Club Lime Mentone, 86-88 Balcombe Rd, Mentone, VIC, 3194

Properties / Buy / Victoria / Mentone

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

Closing Thursday 20th March at 3pm

Land Area

min - 2,172, max - 2,172 sqm (*approx)

Floor Area

2172 - 2172 sqm (*approx)

Property Type

Retail

Sub-type

Strip Retail

Terms

15-year NET Lease

Fully Leased

Viva Leisure

Car Spaces

Show All

2. Property Highlights

High Yielding Retail Investment in an Affluent Melbourne Bayside Suburb

Leased to Viva Leisure (ASX: VVA)
15-Year NET Lease
Fixed Annual Increases

JLL Retail Investments has the exclusive privilege of offering for sale Club Lime Mentone, a high-yielding investment opportunity strategically located in one of Melbourne’s affluent Bayside suburbs.

The property is located opposite the recently upgraded Mentone train station, part of a $3B upgrade of the Frankston line and less than 20km* from the Melbourne CBD.

The property offers a landlord favourable 15-Year NET Lease structure providing along with attractive fixed annual rental growth.

Key details of the opportunity include:

+15-year NET Lease to Viva Leisure (ASX: VVA) commenced July 2022

+ Prominent 2,172sqm* retail showroom + 67 basement car parking (on title)

+ High profile corner location, with 53m* of retail frontage

+ Landlord favourable NET lease and fixed annual rental increases

+ Strategically located opposite Mentone train station and in close proximity to Mentone Shopping Village

+ Affluent Bayside location, less than 20km* from the Melbourne CBD

*Approx.

Club Lime Mentone is being offered for sale via an Expressions of Interest campaign closing Thursday 20th March 2025 at 3pm (AEDT)

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Jarrod Herscu | 0418 155 062

Tom Noonan | 0402 219 698

Xander Yeo | 0487 656 141

Dominic McGrath | 0416 440 525

Tenanted Investment

1. Property Summary

Property Type

Retail

Sub-type

Strip Retail

Number Of Tenants

Tenant

Viva Leisure

Terms

15-year NET Lease

Land Area

min - 2,172, max - 2,172 sqm (*approx)

Floor Area

2172 - 2172 sqm (*approx)

Car Spaces

Selling Method

EOI

EOI Closing Date

20 Mar 2025 03:00PM

Add to calendar

Selling Details

Closing Thursday 20th March at 3pm

2. Property Highlights

High Yielding Retail Investment in an Affluent Melbourne Bayside Suburb

Leased to Viva Leisure (ASX: VVA)
15-Year NET Lease
Fixed Annual Increases

The property is located opposite the recently upgraded Mentone train station, part of a $3B upgrade of the Frankston line and less than 20km* from the Melbourne CBD.

The property offers a landlord favourable 15-Year NET Lease structure providing along with attractive fixed annual rental growth.

Key details of the opportunity include:

+15-year NET Lease to Viva Leisure (ASX: VVA) commenced July 2022

+ Prominent 2,172sqm* retail showroom + 67 basement car parking (on title)

+ High profile corner location, with 53m* of retail frontage

+ Landlord favourable NET lease and fixed annual rental increases

+ Strategically located opposite Mentone train station and in close proximity to Mentone Shopping Village

+ Affluent Bayside location, less than 20km* from the Melbourne CBD

*Approx.

Club Lime Mentone is being offered for sale via an Expressions of Interest campaign closing Thursday 20th March 2025 at 3pm (AEDT)

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Jarrod Herscu | 0418 155 062