Brand New Retail Investment
Melbourne Acquisitions are pleased to offer 1228A Nepean Hwy, Cheltenham for sale.
> Prime corner location (cnr Nepean & Park)
> International tenant with restaurants in Australia and Thailand
> Secure lease 10+5+5+5+5+5 years
> Net lettable area - 430m²*
> Seating capacity 160 patrons*
> Rent $180,120 pa + GST + Outgoings
> Basement parking for 4 vehicles on title
> Depreciation benefits available
> Passing cars 80,000 per day*
> Adjacent to Westfield Shopping Centre and close to Cheltenham & Southland Train Stations
Cheltenham is a well-established suburb approximately 19 kilometres from the Melbourne CBD and the property is perfectly positioned in this highly regarded location which is a retail and employment hub to some of Melbourne's most sought-after residential suburbs such as Black Rock, Beaumaris, Hampton, Mentone and Sandringham.
For more information, please contact the exclusive marketing agents.
Map & Direction
Melbourne Acquisitions is led by Dominic Gibson; a fully licensed estate agent and qualified auctioneer with over 10 years experience in sales, leasing and property management.
James brings with him a wealth of knowledge of the legal intricacies affecting vendors and investors alike. This, combined with a tireless work ethic and an unwavering desire to get the best results for his client’s ensures that clients are provided with a premium level of service and that no stone is left unturned in pursuit of their goals.