The perfect retail investment combines three key elements: a prime location in a bustling retail strip, a long-standing and highly regarded tenant, and a well-maintained premises. This property checks all the boxes-we believe you've found the ideal opportunity.
Key features include:
* Secure five-year lease with a long-term, reliable tenant
* Well-maintained single-level restaurant premises
* Acclaimed tenant: Saltimbocca Italian Restaurant - Restaurant Guru's Italian Restaurant of the Year 2020
* Close to ample public parking, ensuring sustained foot traffic
* Thriving retail and dining precinct with high tenant appeal
Location benefits:
* Located in the bustling Charman Road retail strip, home to 140 businesses
* Close to national tenants: Chemist Warehouse, Bakers Delight, Subway, and Domino's Pizza
* Excellent connectivity to Nepean Highway, Southland Shopping Centre, and public transport
* High population growth area with approximately 24,000 residents (2021 Census)
* Recently upgraded Cheltenham Train Station & three-level car park
* Strong demand for apartment living due to nearby developments
INVEST THEN SET AND FORGET!
A well-maintained property with minimal capital input required and long-term lease security.
For further details or to arrange an inspection please contact:
Nichols Crowder
David McIntosh 0407 850 909
Greville Pabst - Transaction Advisor
DISCLAIMER:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.