86-88 Balcombe Rd, Mentone, VIC, 3194, AU

Club Lime Mentone

Asset description

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 20^th 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