1238-1240 Nepean Highway Cheltenham VIC 3192

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.