 Asset Class: | Retail |
 Price: | $ 2000000 |
 Net Yield: | 6.50 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
<span style="color:rgb(0, 0, 0);font-weight:normal;">1/ 277 Centre Road represents an outstanding opportunity to invest in a newly constructed, premium retail space located in the heart of the bustling suburb of Bentleigh, approximately 13 km southeast of Melbourne’s CBD. The property spans 302sqm and is positioned within a modern seven-level mixed-use development featuring 36 residential apartments, the property enjoys excellent street frontage, ensuring high visibility and foot traffic. to cater to the growing demand for high-quality commercial spaces in this rapidly developing area. This Newly developed property, completed in 2023, offers a modern and functional layout that meets the needs of Momentum Developments, who will use it as a showroom to present their existing, new, and future developments.</span><br><span style="color:rgb(0, 0, 0);font-weight:normal;"> </span><br><span style="color:rgb(0, 0, 0);font-weight:normal;">The space is designed to be a by-appointment-only showroom and meeting venue, The showroom’s versatile layout is also intended to function as a display space, allowing Momentum to effectively demonstrate their portfolio of high-end residential and commercial developments to a discerning clientele.</span><br><span style="color:rgb(0, 0, 0);font-weight:normal;"> </span><br><span style="color:rgb(0, 0, 0);font-weight:normal;">The lease is structured as a 5.8-year term starting January 2025, with annual rent increases of 3.5%, ensuring a reliable and growing income stream for investors. The current rental income is $138,000 per annum, with these consistent rental increases providing strong growth potential. Furthermore, the property’s high-end fit-out aligns with the standards expected by Momentum Developments, reinforcing its status as a premium commercial property in a thriving suburb.</span><br><span style="color:rgb(0, 0, 0);font-weight:normal;"> </span><br><span style="color:rgb(0, 0, 0);font-weight:normal;">The location of the property provides excellent visibility and foot traffic, being situated on Centre Road, one of Bentleigh’s most vibrant commercial corridors. The property is surrounded by a mix of retail shops, restaurants, and cafes, creating a dynamic environment that draws local residents, business owners, and visitors alike. Strategically located just 300m from Bentleigh Train Station, the property benefits from seamless connectivity to Melbourne’s CBD via the Frankston Line. Centre Road serves as the commercial heart of Bentleigh, surrounded by major retailers including ALDI, Coles, and Woolworths, as well as key banking institutions, making it a prime investment location. The suburb itself is a high-demand residential area, with a median house price of approximately $1.5 million and a population of around 17,000. Additionally, its close proximity to major roads like Nepean Highway and South Road, making it a highly accessible destination for clients and customers.</span>
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<span style="color:rgb(0, 0, 0);">Bentleigh, located approximately 13 km southeast of Melbourne’s CBD, is a well-established and highly sought-after suburb within the City of Glen Eira. Known for its strong community atmosphere, excellent transport links, and vibrant retail and dining scene, Bentleigh offers a balanced mix of residential and commercial appeal. The suburb has a population of approximately 17,000 residents, with steady growth driven by ongoing gentrification and increasing demand for well-connected suburban living.</span><br><br><span style="color:rgb(0, 0, 0);"><b>Education & Employment</b></span><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Schools & Education: Bentleigh is home to several highly regarded schools, including Bentleigh West Primary School, St Paul’s Primary School, and Brighton Secondary College, making it a top choice for families.</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Employment Sectors: The suburb benefits from its proximity to Monash University, major healthcare facilities, and professional service hubs. Retail, education, and small business sectors play a key role in the local economy, while easy access to the CBD allows residents to commute to Melbourne’s broader employment market.</span></p></li></ul><br><span style="color:rgb(0, 0, 0);"><b>Transport & Connectivity</b></span><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Public Transport: Bentleigh Train Station, located on the Frankston Line, provides a direct route to Melbourne’s CBD in approximately 25 minutes. Several bus routes further enhance connectivity.</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Road Access: The suburb has excellent road links, with Nepean Highway and South Road providing easy access to surrounding suburbs and the Melbourne CBD.</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Future Infrastructure: The Victorian Government continues to invest in transport infrastructure, ensuring Bentleigh remains a highly accessible and well-connected suburb.</span></p></li></ul><br><span style="color:rgb(0, 0, 0);"><b>Residential Market</b></span><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Housing Stock: Bentleigh offers a diverse range of housing, from charming period homes and modern townhouses to new apartment developments, catering to various buyer demographics.</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Property Values: The median house price in Bentleigh is approximately $1.5 million, while units typically sit around $750,000.</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Rental Market: With strong demand from families and professionals, Bentleigh maintains low vacancy rates and solid rental yields, with median rents of approximately $650 per week for houses and $500 per week for units.</span></p></li></ul><br><span style="color:rgb(0, 0, 0);"><b>Lifestyle & Amenities</b></span><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Retail & Dining: Bentleigh’s commercial hub, Centre Road, features a wide variety of cafes, restaurants, supermarkets, and boutique stores, making it a vibrant shopping precinct. The suburb is also located a short drive from Chadstone Shopping Centre, one of Australia’s largest retail hubs.</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Healthcare: Bentleigh is well-serviced by medical facilities, with several local clinics and hospitals nearby, including Moorabbin Hospital and Monash Medical Centre.</span></p></li></ul><br><span style="color:rgb(0, 0, 0);"><b>Investment Highlights</b></span><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Economic Drivers: Strong retail, education, and small business sectors, along with proximity to major employment hubs.</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Development Potential: Ongoing gentrification and modern townhouse and apartment developments continue to enhance the suburb’s property market.</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Consistent Growth: Bentleigh has experienced strong capital growth, with increasing demand for residential and commercial properties.</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Strategic Location: Positioned between the CBD and Melbourne’s southeast, Bentleigh offers both convenience and long-term investment potential.</span></p></li></ul><span style="color:rgb(0, 0, 0);"> </span>
Additional Location Information File<p style=""><span style="color:rgb(0, 0, 0);"><b>Hamilton Chase Group / Momentum Developments / Mr. Paul Huggins</b></span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);"><b>The Premises</b></span></p><p style=""><span style="color:rgb(0, 0, 0);">The premises at Retail 1, 277 Centre Rd, Bentleigh will be used as a showroom for Momentum Developments, serving as a space to showcase the company’s existing, new, and future developments. This space will primarily function as a by-appointment-only area, where meetings with potential investors, clients, and partners will take place. It will also serve as an exclusive display space to present key development projects and investment opportunities. The showroom will provide a professional and private environment for Hamilton Chase to engage with clients, offering them an opportunity to explore Momentum Developments’ latest offerings and discuss tailored investment strategies.</span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);"><b>Overview</b></span></p><p style=""><span style="color:rgb(0, 0, 0);">Hamilton Chase Group, led by Mr. Paul Huggins, is a highly respected financial services and investment firm specializing in wealth management, property development, and investment opportunities. Established in 1986, Mr. Huggins has built a distinguished career in the financial services industry and is the owner and director of Momentum Wealth Management Group. The group operates across Sydney, Melbourne (Bentleigh and Wantirna) and manages over $2.142 billion in assets, serving over 4,160 clients.</span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);">Hamilton Chase, under its Australian Financial Services License (AFSL 454895), focuses on catering to wholesale investors, ultra-high-net-worth individuals (UHNW), and corporations in Australia and the United States, managing a combined portfolio of more than $21.5 billion. The firm specializes in high-value investment opportunities within Australia’s largest banks and globally in cities like Singapore, Texas, New York, and Washington DC.</span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);"><b>Core Business & Services</b></span></p><p style=""><span style="color:rgb(0, 0, 0);">• Wealth Management & Advisory: Momentum Wealth Management provides expert financial planning and investment advice across a range of asset classes.</span></p><p style=""><span style="color:rgb(0, 0, 0);">• Investment Services: Hamilton Chase focuses on wholesale investors and large-scale investments, offering tailored financial solutions.</span></p><p style=""><span style="color:rgb(0, 0, 0);">• Global Portfolio Management: The firm manages an expansive portfolio, ensuring risk mitigation and identifying opportunities for growth in property, equities, debt, and business acquisitions.</span></p><p style=""><span style="color:rgb(0, 0, 0);">• Property Development & Acquisitions: The company actively invests in property developments, land, and strategic acquisitions across Australia, Europe, and North America.</span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);">With a strong legacy of more than 39 years, Hamilton Chase has carefully curated one of Australia’s most significant private wealth portfolios, consistently realigning its investments to achieve sustained growth and profitability. The firm remains at the forefront of global investment and financial services, using advanced technology to enhance analysis and mitigate risks across its diversified portfolio.</span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);"><b>Leadership</b></span></p><p style=""><span style="color:rgb(0, 0, 0);">Under the leadership of Paul Huggins, Hamilton Chase is managed by a close-knit team that works tirelessly to deliver exceptional financial services and investment management. With proprietary technology supporting the analysis of market trends, political shifts, and economic impacts, Hamilton Chase continues to navigate the complexities of global investment, ensuring long-term success for its clients.</span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);">Hamilton Chase and Momentum Developments are synonymous with excellence, creating high-value opportunities for investors and maintaining a strong reputation in the wealth management and development sectors. The showroom will further enhance the brand’s presence, allowing it to engage with clients in a refined, professional space designed to foster long-term relationships and growth.</span></p>
Initial Term:
Security:
$25,000
Security Info:
$25,000
Initial Term:
Security:
$25,000
Security Info:
$25,000
2/277 Centre Road, Bentleigh $135,778 328sqm $414psqm 371 Centre Road, Bentleigh $82,114 165sqm $498psqm 458 Centre Road, Bentleigh $103,000 130sqm $792psqm 424 Centre Road, Bentleigh $88,947 166sqm $536psqm 504 Centre Road, Bentleigh $40,000 86sqm $465psqm Shop 1/332-338 Centre Road, Bentleigh $50,000 96sqm $521psqm 736 Hampton Street, Brighton $160,425 345sqm $465psqm Ground, 284 Bay Street, Brighton $135,000 230sqm $587psqm
Offer To Purchase:
$
Initial Deposit:
$
Due Diligence:
days
Finance:
days
Settlement:
days
<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-style:normal;"><b>Building Area</b></span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">: 302m2 of modern, flexible commercial space with state-of-the-art fit-out.</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-style:normal;"><b>Lease Term</b></span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">: 5.8-year lease starting 24th January 2025, with 3.5% annual rental increases and an option for 5 years.</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-style:normal;"><b>Current Tenant</b></span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">: Momentum Developments, a well-established and reputable development firm with a loyal client base and a strong market presence.</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-style:normal;"><b>Rental Income</b></span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">: $138,000 p.a., with 3.5% annual increases, ensuring long-term, stable returns.</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-style:normal;"><b>Premium Location</b></span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">: Situated on Centre Road, Bentleigh, one of the most popular retail strips in the suburb, offering excellent foot traffic and visibility.</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-style:normal;"><b>Strategic Location: </b></span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Positioned within a modern seven-level mixed-use development featuring 36 residences, in Bentleigh’s commercial hub, Centre Road, with extensive street frontage & 300m from Bentleigh station.</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-style:normal;"><b>Modern Fit-Out</b></span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">: Designed to reflect the premium nature of Momentum Developments, featuring contemporary and luxurious finishes to support the showroom’s high-end image.</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-style:normal;"><b>Affluent Suburb:</b></span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;"> Bentleigh boasts a median house price of approximately $1.5million and has a population of around 17,000 residents</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-style:normal;"><b>Growth Area</b></span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">: Bentleigh is experiencing ongoing development, with continued residential and commercial projects transforming the suburb, ensuring potential for future capital appreciation.</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);font-style:normal;font-weight:bold;"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-style:normal;"><b>Car Spaces: </b></span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">3 underground car spaces</span><span style="color:rgb(0, 0, 0);font-style:normal;"><b> </b></span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">on title</span></p></li></ul>
