A super hot entry level retail investment in thriving activity centre
Melbourne Acquisitions are pleased to offer 10 Railway Road, Cheltenham for sale.
> Brand new 80sqm corner café with indoor / outdoor seating
> Secure lease 5 years plus further option 5 years
> Returning $36,000 p.a, net* with 3% annual increases
> Basement parking for 1 vehicle on title
> Next door to City of Kingston Council offices, ‘ILIXIR’ 115* apartments and directly below ‘The Village’ 170* apartments
> Close to Charman Rd retail strip, Station St and Train Station
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 Brighton, 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.