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 --- ---
Offices --- $294 ---
Retail $3867 $294 7.61%
This is the average advertised price, rent and yield for Chelsea, VIC 3196*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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.

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™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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