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Jones Real Estate is privileged to present 370 Nepean Highway, Chelsea to the market For Sale via Expressions of Interest closing Wednesday 9th October 2024 at 12:00pm (AEDT).
Currently home to a well-established, locally owned Tyrepower store, this prime freehold property offers endless potential. It's ideally suited for owner-occupiers looking to capitalize on its established business presence or investors seeking a strong asset for land banking or value-add opportunities.
Key highlights of this opportunity include:
- Situated upon a striking and prominent corner land holding of 1,194sqm*, this freehold asset features unparalleled visibility to the Nepean Highway and all day parking on Showers Avenue with a combined frontage of 70m* and rear lane access.
- Internal building area of 1,181sqm*, there is flexibility in purchasing the mechanical equipment or having a blank canvas on settlement, ready to occupy immediately.
- The property is underpinned by the residential catchment its situated in and the neighboring suburbs, further enhanced by its arterial connectivity.
- Sensational visibility with over 25,000^ vehicles passing north and south bound daily via Nepean Highway. This major arterial runs through key blue chip residential catchment areas from inner-southern Melbourne to Portsea.
- Property is zoned Commercial 1 - C1Z, allowing for a multitude of uses in the future**.
*Approx
^Gapmaps.com
**Subject to Council Approval
For further information regarding the opportunity, please contact the exclusive agents.
Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.
Remember to mention you found this property on CommercialReady
Jones Real Estate is privileged to present 370 Nepean Highway, Chelsea to the market For Sale via Expressions of Interest closing Wednesday 9th October 2024 at 12:00pm (AEDT).
Currently home to a well-established, locally owned Tyrepower store, this prime freehold property offers endless potential. It's ideally suited for owner-occupiers looking to capitalize on its established business presence or investors seeking a strong asset for land banking or value-add opportunities.
Key highlights of this opportunity include:
- Situated upon a striking and prominent corner land holding of 1,194sqm*, this freehold asset features unparalleled visibility to the Nepean Highway and all day parking on Showers Avenue with a combined frontage of 70m* and rear lane access.
- Internal building area of 1,181sqm*, there is flexibility in purchasing the mechanical equipment or having a blank canvas on settlement, ready to occupy immediately.
- The property is underpinned by the residential catchment its situated in and the neighboring suburbs, further enhanced by its arterial connectivity.
- Sensational visibility with over 25,000^ vehicles passing north and south bound daily via Nepean Highway. This major arterial runs through key blue chip residential catchment areas from inner-southern Melbourne to Portsea.
- Property is zoned Commercial 1 - C1Z, allowing for a multitude of uses in the future**.
*Approx
^Gapmaps.com
**Subject to Council Approval
For further information regarding the opportunity, please contact the exclusive agents.
Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.
Remember to mention you found this property on CommercialReady
370 Nepean Highway, Chelsea, VIC, 3196
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
