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385-391 Warrigal Road
Cheltenham VIC 3192
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Sold on 29 Oct 2019

385-391 Warrigal Road Cheltenham VIC 3192

  • Shop & Retail
  • 250 m²
  • Sold

Strategic Bayside Investment with New 15 Year Lease

  • New 15-year Lease with options to 2064
  • Income of $470,000 + GST p.a.
  • Corner landholding of 5,300sqm

JLL Retail Investments proudly present for your consideration United Petroleum Cheltenham located at 385-391 Warrigal Road, Cheltenham VIC. 

We welcome your interest in the property and highlight its key features below: 

New 15 year lease with options to 2064
Fixed annual 3% rental increases
Net Lease structure with the tenant responsible for all outgoings (excluding land tax)
Brand new building, offering maximum depreciation benefits
Corner landholding of 5,300sqm* with 148 metres total street frontage*
Metropolitan Melbourne location, in highly sought after Bayside suburb
Prime position on Warrigal Road with direct access to Nepean Highway
Annual income of $470,000 + GST

For Sale by Public Auction Friday 25th October at 12 noon on-site.

For more information on this opportunity please contact listing agents.

All figures are approximate.

AUCTION

Auction date and time25/10/2019 12:00
Auction location385-391 Warrigal Road, Cheltenham VIC

Property Highlights

Date Sold29 Oct 2019
Floor Area250 m²
Land Area5,300 m²
Parking11 x Onsite parkings
Property ID2015675428
Category
Last updated  8 Nov 2019
Map for 385-391 Warrigal Road Cheltenham VIC 3192

Property Highlights

Date Sold29 Oct 2019
Floor Area250 m²
Land Area5,300 m²
Parking11 x Onsite parkings
Property ID2015675428
Category
Last updated  8 Nov 2019
Level 40 101 Collins Street Melbourne VIC 3000

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