5/450 Nepean Highway, Chelsea, VIC 3196

Investment | Retail | Medical

For Sale Contact Agent

  • Property ID: 246120
  • Floor Area: 150m² - 300m²
  • Land Area: 217m²
  • Occupancy: Tenanted
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Retail Investment Opportunity

Situated in the Chelsea Market adjacent Woolworths, is this fully renovated retail property which is leased to a boutique style Cafe, and Grocery store business.
This is Ideal for starting a commercial property portfolio, or to add another property to your superannuation fund.

Investment Particulars:
Rental Now: $36,050pa plus GST and Outgoings
Start date: 12/08/15
Term: 5 Years + 5 Years
Bond: $9,624.96
Reviews: 3% annually
Use: Retail Grocery, and Cafe.

Building area: 215m2*

- Just completed renovations, with new 3 phase power , reverse cycle a/c,
public bathroom facilities
for clients/customers
-Economical New Mitsubishi 3 phase reverse cycle air-conditioning with 5 year warranty
- double glazed windows
-Private and public amenities
- grease trap
- signage rights to Nepean Hwy and Birtchnall Lane
-200* space car park right at your front door with significant car and foot traffic travelling past every day.

Contact John Black on 0419341986 to inspect .


Chelsea Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $3000 --- ---
Retail $3183 $143 4.49%
Offices --- $156 ---
This is the average advertised price, rent and yield for Chelsea, VIC 3196*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Agency Details

Tsimos Commercial Real Estate

1174 Nepean Hwy, Cheltenham, VIC 3192

View Agency Profile

Fenero - Bespoke Finance
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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Disclaimer - We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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