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Sold on 30 Nov 2020

1238-1240 Nepean Highway Cheltenham VIC 3192

  • Showrooms / Bulky Goods
  • 670 m²
  • Sold

Nepean Highway Duo - Occupy/Invest

    The 'Nepean Highway Duo' comprises two showroom premises on separate titles and positioned on the City bound side of Nepean Highway, right in the heart of Cheltenham.

    Here is your opportunity to occupy one showroom and collect rental income from the other. This prime retail investment is ideal for part owner occupiers and investors.

    Key features include:

    * Two showrooms, Two titles - offered as one, or individually
    * 1238 Nepean Highway: Vacant showroom of 450sqm*
    * 1240 Nepean Highway: Leased showroom of 220sqm*
    * Quality showroom buildings with impressive signage to Nepean Highway
    * Customer car parking to front and on service lane
    * Total site area: 1,354sqm*
    * Amazing Nepean Highway frontage of over 39 metres
    * High exposure position with 70,000 (approx.) cars passing daily
    * 300 metres to Charman Road shops and Cheltenham Train Station
    * Flexible Activity Centre zoning - allowing multi-level mixed use development (STCA)
    * Brand new 5 + 5 year lease generating net rental of $40,000 per annum
    * Potential fully leased rental of $130,000 per annum
    * Massive government infrastructure investment including removal of nearby railway level crossings

    For further information or to arrange and inspection, please contact:

    Julian Vautin 0420 406 660
    Matt Nichols 0418 186 488

    PLEASE NOTE:

    * Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

    * All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

    Julian Vautin
    Nichols Crowder Property Moorabbin
    Julian Vautin
    Nichols Crowder Property Moorabbin
    Matt Nichols
    Nichols Crowder Property Moorabbin
    Matt Nichols
    Nichols Crowder Property Moorabbin

    Property Highlights

    Property ID2016570357
    Date Sold30 Nov 2020
    Floor Area670 m²
    Land Area1,354 m²
    ParkingAsk Agent
    Category
    Last updated  1 Dec 2020
    Map for 1238-1240 Nepean Highway Cheltenham VIC 3192
    Map for 1238-1240 Nepean Highway Cheltenham VIC 31921238-1240 Nepean Highway Cheltenham VIC 3192
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Julian Vautin
    Nichols Crowder Property Moorabbin
    Julian Vautin
    Nichols Crowder Property Moorabbin
    Matt Nichols
    Nichols Crowder Property Moorabbin
    Matt Nichols
    Nichols Crowder Property Moorabbin

    Property Highlights

    Property ID2016570357
    Date Sold30 Nov 2020
    Floor Area670 m²
    Land Area1,354 m²
    ParkingAsk Agent
    Category
    Last updated  1 Dec 2020
    Nichols Crowder Property Moorabbin
    358 South Rd Moorabbin VIC 3189
    Julian Vautin
    Nichols Crowder Property Moorabbin
    Julian Vautin
    Nichols Crowder Property Moorabbin
    Matt Nichols
    Nichols Crowder Property Moorabbin
    Matt Nichols
    Nichols Crowder Property Moorabbin

    Ask Julian Vautin about this property

    Julian Vautin

    Julian Vautin

    Nichols Crowder Property Moorabbin

    Matt Nichols

    Matt Nichols

    Nichols Crowder Property Moorabbin

    0420 *** ***
    0420 406 660

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