1261 + 1263 Nepean Highway, Cheltenham, VIC, 3192

1604.00 sqm

Land Area

750.00 sqm

Building Area

About Property



Nepean Hwy Freehold With Huge Development Opportunity

Tsimos Commercial together with Aeon Capital are delighted to offer this extremely rare opportunity.

The property is For Sale By Negotiation and superbly positioned in an irreplaceable Nepean Hwy Cheltenham location within metres from iconic Southland Shopping Centre.

INVESTORS, OWNER OCCUPIERS & DEVELOPERS.

A premium offering with many options.
- 1261 - Currently leased TO Lounge Lovers for $240,000 net with a 4+4 year lease
- 1263 - Leased to a Drive through Coffee on a 5yr lease with a further 5 year option. Returning $40,000pa plus gst plus outgoings.


Two different development proposals. A previously permitted 8 level Landmark development with huge potential to create a 13 Level development.

• Building Are: 750m2 Approx

• Land Size 1605m2 Approx (1084m2 + 521m2 )

• Existing Modern Fitout

• 18 Onsite Carparks

• Two Titles

This is a unique opportunity to be next to Southland Shopping Centre, opposite major retailers such as Isuzu, Kia, Skoda, McDonalds and other national retailers.

For more information, please contact One of the Exclusive Agents.

ENQUIRE ABOUT PROPERTY


OUR OFFICE


  • LOCATION

    3/1174 Nepean Hwy, Cheltenham

  • PHONE

    0418599486

  • MAIL

    matt@tsimos.com.au