Tsimos Commercial is offering multiple properties for sale within a supreme Bayside shopping precinct. Huge Growth Potential!
An irreplaceable A-Grade position in the heart of Cheltenham shopping precinct. A stone's throw from the brand new Cheltenham Train Station. and anchored by National Tenancies Foodworks supermarket and Cellarbrations Liquor Store.
Collect Rent now and Land Bank for future Development.
- Total Land 457m2 approx
- Total Building 451m2 approx
- Total Income $78,175 net income per annum + outgoings + GST
- Two Street Frontages (Rear access via Public Car Park)
- Activity Centre Zone
- Further potential to Develop in into a multi level site in future.
Shop 25 Station Rd
Tenant; Cellarbrations Liquor
Building approx : 368 m2
Lease: 5 years
Commencement date of term: 10/04/2022
Rental Return: $50,175 per annum approx. Plus GST and Outgoing
Shop 27 Station Rd
Approx 83m2
Tenant; Blokes Psychology
Lease: 2 years
Commencement date of term: 15/05/2022
Rental return: $ 28,000 per annum approx. Plus GST+ outgoing
For further details on the property or to arrange an inspection. Please contact one of the agents below.
Note, The properties can be purchased in the following formats:
25+27 Station Rd
29 Station Rd
Or all together
3/1174 Nepean Hwy, Cheltenham
matt@tsimos.com.au