G01/9 Balcombe Road Mentone, VIC 3194

Ray White Commercial Glen Waverley is pleased to present an outstanding opportunity to secure a commercial investment occupied by KX Pilates, a recognised national fitness brand, in Melbourne's sought-after bayside suburb of Mentone.

Returning $67,491.84 per annum plus GST and outgoings, this approximately 150 sqm ground-floor premises combines established rental income, prominent positioning and the appeal of a nationally recognised tenant brand.

Located within the Archer development, near the major intersection of Balcombe Road, Nepean Highway and Warrigal Road, the property benefits from exposure and convenient connections to surrounding bayside suburbs.

Mentone's village shopping precinct, cafés, new railway station and established residential neighbourhoods provide an attractive setting for a fitness and wellbeing business. The surrounding mix of families, professionals and apartment residents offers a diverse local customer catchment, while nearby schools and public transport add to the location's everyday convenience.

Operating within a national network of more than 100 Australian studios, KX Pilates brings recognisable branding, an established fitness offering and the appeal of a familiar name to this bayside investment.

Investment highlights:

• Annual rental income of $67,491.84 plus GST and outgoings
• Occupied by KX Pilates, part of a recognised national studio network
• Building area of approximately 150 sqm
• Current lease term to January 2028, with a further five-year option providing potential tenure to January 2033
• Market rent review due in January 2028, providing an opportunity to reassess rental levels in line with the lease
• Ground-floor premises within the established Archer development
• Prominent location near Balcombe Road, Nepean Highway and Warrigal Road
• Convenient access to Mentone railway station, village shopping, cafés and surrounding residential neighbourhoods
• An appealing combination of existing income, national brand recognition and bayside location

Secure your position in Melbourne's bayside commercial market with an income-producing property occupied by an established name in reformer Pilates.

Contact Ray White Commercial Glen Waverley for further information or to arrange an inspection.

All areas are approximate. Lease terms, rent reviews and outgoings recoveries are subject to the lease. The further term is subject to the tenant exercising its option.