25 + 27 Station Road, Cheltenham, VIC, 3192

457.00 sqm

Land Area

451.00 sqm

Building Area

About Property



AAA Bayside Freeholds With Huge Development Opportunity

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

ENQUIRE ABOUT PROPERTY


OUR OFFICE


  • LOCATION

    3/1174 Nepean Hwy, Cheltenham

  • PHONE

    0418599486

  • MAIL

    matt@tsimos.com.au