438 Nepean Highway Chelsea VIC 3196

Shop & Retail
128 m²
Sold, $800,000

Another Sold Another Wanted

Freehold Investment Opportunity
Future Development Potential**
Outstanding Beachside Location
Hodges Real estate is pleased to offer this wonderful investment opportunity in the heart of Chelsea. The property boasts a long standing business and offers a robust annual return of $45,000 p.a. in a high-traffic area. This investment is not to be overlooked.

Key Features:

* Attractive Returns: Rent $45,000 per annum, providing a stable income stream.
* Three Year Lease (21.04.2024).
* Prime Location: Located opposite the new Chelsea Station.
* Adjacent Woolworths.
* High traffic and high visibility. 25,000 Cars passing daily. ^
* Zoning: Commercial 1 Zone (C1Z)

* Land area: 194m2*
* NLA: 128m2*

An excellent opportunity for investors seeking a high-profile location with consistent returns and potential future growth or development.

Paul Johnston Director 0419 582 035
Senior Commercial & Industrial Specialist
"We Know Bayside Commercial property"

*Approx ^Gapmaps.com **Subject to Council Approval

Hodges Mentone/Chelsea

44 Florence Street

Mentone, VIC 3194

Property Highlights

Date Sold	18 Dec 2024
Sold Price	$800,000
Floor Area	128 m²
Land Area	194 m²
Parking	Ask Agent
Property ID	2019599842
Category	Shop & Retail
Last updated	17 Jan 2025

Map for 438 Nepean Highway Chelsea VIC 3196

Nearest transport* to 438 Nepean Highway Chelsea VIC 3196

Bus

Train

Tram

Ferry

Chelsea Station/Station St (Chelsea)	70 m
Chelsea Station/Station St (Chelsea)	84 m
Chelsea Station/Station St (Chelsea)	100 m
Chelsea Railway Station/Station St (Chelsea)	253 m

*Within a 4km radius

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Hodges Mentone/Chelsea

44 Florence Street

Mentone, VIC 3194

Property Highlights

Date Sold	18 Dec 2024
Sold Price	$800,000
Floor Area	128 m²
Land Area	194 m²
Parking	Ask Agent
Property ID	2019599842
Category	Shop & Retail
Last updated	17 Jan 2025

Listed by

Paul Johnston

Hodges Mentone/Chelsea

Call

0419 582 035

More about 438 Nepean Highway Chelsea VIC 3196

438 Nepean Highway Chelsea VIC 3196 is categorized as Shop & Retail Property. It has a floor area of 128 m² and a land area of 194 m². The listing ID for this property is 2019599842.