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433 Nepean Highway
Chelsea VIC 3196
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Sold on 24 Apr 2024

433 Nepean Highway Chelsea VIC 3196

  • Shop & Retail
  • 183 m²
  • Sold, $1,060,000

First Time Available in 100 Years!

    OPEN FOR INSPECTION:
    Wed 24 Apr 12.30-1.00pm

    Since 1935, this iconic butcher shop has been a staple in the community, renowned for its quality and service. With a longstanding history and a strong reputation, this butcher shop continues to thrive, generating an annual income of $47,640pa.

    Nestled in the heart of Chelsea Village on Nepean Hwy, this property boasts prime real estate with rear staff parking, adding to its appeal. What truly distinguishes this property is its unbeatable location. Chelsea Train Station is conveniently located across the road, while Chelsea Beach is just a short stroll away.

    Don't miss out on this rare opportunity to secure a piece of Chelsea's thriving heart. With main road exposure and a leased tenancy to February 2025, so the opportunity to renegotiate the lease with the current tenant, or owner occupy, is available. Known as Chelsea Meats since 1951, this property offers both stability and potential for growth, especially redeveloping the second level to create a second income (STCA).

    Seize the chance to invest in this promising opportunity today!

    Key highlights:
    Commercial 1 Zone
    Land size: 266sqm
    Building size: 183sqm approx
    Built in late 1920's
    Rear car parking access
    Main road exposure
    Chelsea Meats since 1951 and Butcher since 1935
    Current income: $47,640pa
    Re-lease or owner occupy

    AUCTION: Wednesday 24 April at 1.00 (unless sold prior)

    Property Highlights

    Date Sold24 Apr 2024
    Sold Price$1,060,000
    Floor Area183 m²
    Land Area266 m²
    ParkingAsk Agent
    Property ID2019144040
    Category
    Last updated  24 Apr 2024
    Map for 433 Nepean Highway Chelsea VIC 3196

    Property Highlights

    Date Sold24 Apr 2024
    Sold Price$1,060,000
    Floor Area183 m²
    Land Area266 m²
    ParkingAsk Agent
    Property ID2019144040
    Category
    Last updated  24 Apr 2024

    Co-Agents

    Darren Sadler
    Woodards Northcote
    Call
    0448 947 622

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