199 Nepean Highway, Gardenvale/199 Nepean Highway Gardenvale VIC 3185

Knight Frank is pleased to offer for your consideration a high-profile property with massive exposure, 199 Nepean Highway, Gardenvale, For Sale by Expression of Interest closing Wednesday 30 October 2024 at 12PM (AEDT).

Currently tenanted by 'Budget Car & Truck Rental Brighton' until May 2025 returning $109,826* net per annum, this property offers opportunity to invest, develop or owner occupy.

The Commercial Zone 2 (CZ2) allows for a wide range of future uses including but not limited commercial office, large format retail, car wash, car dealership, manufacturing and much more (STCA).

Key Features
- 1,112 sqm landholding with minimal fixtures
- Short-term holding income of $109,826* NET per annum
- Leased to 'Budget Car & Truck Rental Brighton' until May 2025
- Commercial Zone 2 (CZ2) Land under the Glen Eira Planning Scheme
- 10km* from Melbourne CBD
- Access via Nepean Highway Service Road
- Rear laneway access
- 200m to Gardenvale Train Station
- Close proximity to Bay Street and Martin Street retail precincts
- Over 50,000* passing cars daily

For Sale by Expression of Interest, closing Wednesday 30 October 2024 at 12PM (AEDT).