Sold
394-395 Nepean Highway,
Chelsea 3196, Victoria
Price withheld
Property details
-
Agents
Two High Exposure Retail Premises On One Tite
Discover these two desirable, side-by-side commercial properties offering a wealth of opportunities, ideal for those seeking a dual-income investment or aiming to partially occupy while considering future development prospects (STCA).
395 Nepean Highway is currently leased to long-standing tenant Barry Plant Chelsea, under a new three-year lease with options, while 394 Nepean Highway is being offered with vacant possession.
The properties boast a fantastic double frontage of 11m* and benefit from seven onsite secure car spaces for the occupants. Additionally, there is ample council public parking directly at the rear of the premises.
The surrounding area is bustling with an array of complementary businesses and amenities, showcasing the strength of this thriving bayside suburb. Chelsea Train Station is directly across the road & Chelsea Beach only 225m* away.
This prime bayside location is highly sought-after by property investors and businesses, promising a blend of convenience, exposure and potential. Don't miss out on this
exceptional opportunity.
Key Property Features:
• Two properties on one title
• Double frontage | impressive 11m*, enhancing visibility and exposure
• Total land area | 458m2*
• Combined building area | 247m2*
• Potential Income (fully tenanted) | $85,500 p/a net*
• Parking | 7 exclusive car spaces plus abundant council parking at the rear
Location Highlights:
• Business Hub | Surrounded by a vibrant mix of businesses, contributing to the area's economic vitality.
• Transport |Chelsea Train Station is conveniently located directly across the road.
• Leisure | Chelsea Beach, located only 225 meters* away, offers a serene escape.
395 Nepean Highway, Chelsea:
• Building area | 133m2*
• Occupied by long standing tenant Barry Plant Chelsea
• New 3 year lease expiring Dec 2026 with further options
• Current income | $45,500 p/a net
394 Nepean Highway, Chelsea:
• Building area | 114m2*
• Offered with vacant possession, ready for immediate use or rental
• Potential Income $40,000 p/a net
For further information, don't hesitate to get in touch with one of the exclusive marketing agents below:
Ryan Amler | 0401 971 622
George Ganavas | 0478 634 562
*All areas and figures approx. only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
Due diligence checklist for home and residential property buyers.
Explore the area
Find out how much home loan repayments will be
It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.
Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.
Photos
Floorplan
Contact Ryan Amler
Contact Ryan Amler
Ryan Amler
394-395 Nepean Highway, Chelsea VIC 3196
Request a callback
Ryan Amler
394-395 Nepean Highway, Chelsea VIC 3196