1228A Nepean Highway, Cheltenham, VIC 3192

Investment | Retail | Offices | Showrooms

For Sale Contact Agent

  • Property ID: 315180
  • Floor Area: 474m²
  • Occupancy: Tenanted
Brand New Retail Investment

Melbourne Acquisitions are pleased to offer 1228A Nepean Hwy, Cheltenham for sale.

- Prime corner location (cnr Nepean and Park)
- International tenant with restaurants in Australia and Thailand
- Secure lease 10+5+5+5+5+5 years
- Net lettable area - 430m²*
- Seating capacity 160 patrons*
- Rent $180,120 pa + GST + Outgoings
- Basement parking for 4 vehicles on title
- Depreciation benefits available
- Passing cars 80,000 per day*
- Adjacent to Westfield Shopping Centre and close to Cheltenham and Southland Train Stations

Cheltenham is a well-established suburb approximately 19 kilometres from the Melbourne CBD and the property is perfectly positioned in this highly regarded location which is a retail and employment hub to some of Melbourne's most sought-after residential suburbs such as Black Rock, Beaumaris, Hampton, Mentone and Sandringham.

For more information, please contact the exclusive marketing agents.

* approx.

Cheltenham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $3729 $310 8.33%
Industrial $2212 $128 5.78%
Retail $5291 $313 5.92%
This is the average advertised price, rent and yield for Cheltenham, VIC 3192*
* 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

Melbourne Acquisitions

GROUND FLOOR, 607 ST KILDA ROAD, Melbourne, VIC 3004

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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™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 1228A Nepean Highway, Cheltenham, VIC 3192. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 1228A Nepean Highway, Cheltenham, VIC 3192. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 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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