Brand new 10 year lease to Quest who are the anchor tenant of this new seven level commercial and apartment building.
This ground floor shop has prominant frontage and exposure to Station Rd and is located at the front enterance to the building.
Cheltenham is located 18km south east of Melbourne's CBD and forms part of the City of Kingston. Cheltenham is undergoing considerable change with new apartment complexes being developed and many office buildings in close proximity allowing the purchaser to be part of a new era of business in bayside.
The vast array of shops and public transport makes Cheltenham a highly sought after area for retail properties.
This property offers the following:
- Leased to Quest Apartments
- New lease until 2021!
- Four options of five year periods
- 1 secure underground car space in basement
- Stamp duty savings - Buy now off the plan prior to construction completion in December 2010
- Depreciation Benefits
This property also provides a consistent and changing customer base for the residing tenants in the complex.
For further information or to arrange an inspection please contact James Glen on 0401 493 277 or Matt Spicer on 0448 567 403.
