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157-159 Nepean Highway
Mentone VIC 3194
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Sold on 12 Dec 2019

157-159 Nepean Highway Mentone VIC 3194

  • Shop & Retail
  • 240 m²
  • Sold

TROPHY BAYSIDE INVESTMENT NESTLED BETWEEN TWO ARTERIAL ROADS

  • Rare Fast Food Investment
  • Prominent Dual Street Frontage
  • Options Until 2043

Savills is thrilled to offer for sale this premium bayside investment benefiting from a high profile location at 157-159 Nepean Highway, Mentone. The property represents a truly remarkable opportunity to acquire a first class asset fronting two of Melbournes busiest roads.

The key attributes of this outstanding property include:
- Leased on long 12 year term with options extending to 2043
- Modern restaurant with drive thru and 35 on-site carparks
- KFC has over 650 stores nationwide
- Currently returning $262,836 per annum*
- Commercial 1 zoning
- Dual street frontage to Nepean Highway & Lower Dandenong Road
- Over 57,000 cars pass the site daily^
- Large strategic landholding of 2,362sq m* with huge future upside
- Close proximity to Mentone Activity Centre which includes a variety of national retailers and Mentone Train Station

*Approx.

For further information please contact:

Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655
Yvonne Zhou - 0415 100 831

Address157-159 Nepean Highway Mentone VIC 3194
ZoningC1Z - Commercial 1 Zone (C1Z)
CouncilKINGSTON CITY
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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Savills Melbourne
Savills Melbourne
Level 29, South Tower, 80 Collins Street,
Melbourne, VIC 3000

Property Highlights

Date Sold12 Dec 2019
Floor Area240 m²
Land Area2,362 m²
ParkingAsk Agent
Property ID2015487011
Category
Last updated  12 Dec 2019
Map for 157-159 Nepean Highway Mentone VIC 3194

Nearest transport* to 157-159 Nepean Highway Mentone VIC 3194

Bus
Train
Thrift Park Shopping Centre/Lower Dandenong Rd (Mentone)117 m
Thrift Park Shopping Centre/Lower Dandenong Rd (Mentone)121 m
Olive Gr/Lower Dandenong Rd (Mentone)366 m
Mitchell St/Warrigal Rd (Parkdale)404 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Savills Melbourne
Savills Melbourne
Level 29, South Tower, 80 Collins Street,
Melbourne, VIC 3000

Property Highlights

Date Sold12 Dec 2019
Floor Area240 m²
Land Area2,362 m²
ParkingAsk Agent
Property ID2015487011
Category
Last updated  12 Dec 2019

Co-Agents

Julian Heatherich
Julian Heatherich
Savills Melbourne
Call
0412 995 655
Benson Zhou
Benson Zhou
Savills Melbourne
Call
0458 488 888

More about 157-159 Nepean Highway Mentone VIC 3194

157-159 Nepean Highway Mentone VIC 3194 is categorized as Shop & Retail Property. It has a floor area of 240 m² and a land area of 2,362 m². The listing ID for this property is 2015487011.

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