419 Nepean Highway Chelsea VIC 3196

Stonebridge Property Group is pleased to present for sale 419 Nepean Highway, Chelsea.

The key highlights of the opportunity include:

- Tenanted by the longstanding and highly rated Café Opera on a 5-year lease with 4% annual increase

- The property is well suited to hospitality, with multiple outdoor dining areas and strategic through access to major car park

- With 202 sqm* of underlying Commercial 1 zoned land, and the flexibility of multiple frontages, the property provides exciting value add possibilities

- The well positioned freehold is bookended between a major Woolworths supermarket and the Chelsea Train Station

- With 22,000* vehicles traveling along Nepean Highway daily and 350,000** commuters utilising Chelsea Train Station annually, the property enjoys unmatched exposure to passing traffic

- Surplus land to the rear providing scope for future development and further retail activation

- Located in the bayside City of Chelsea which has experienced 23% growth in median house price over the last two years

*Approximately

419 Nepean Highway, Chelsea is offered for sale via Public On-Site Auction on Friday 31st March 2023 at 12:30pm (AEDT).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 594

Rorey James
0439 400 081

Sarah Xi
0468 320 297

Property Code: 611