1. Home
  2. »
  3. Sold Properties
  4. »
  5. An Investment That Corners Beautifully

1 Nepean Highway, MENTONE VIC, 3194

Sold
https://dduaaywsz-res-1.cloudinary.com/image/upload/v1589971403/gpjepdgwuyw2jn97qsoe.jpg

Property Sold in 1 Nepean Highway, MENTONE VIC, 3194

Nichols Crowder Property Solutions

358 South Road, Moorabbin, VIC 3189

Listing ID:
11336481
Status:
Sold
Last Updated:
20/05/2020
Price:
Contact Agent
Icon building

Property Type

Showrooms/Bulky Goods/Retail/Industrial/Warehouse
Icon square

Land Area

1896 SQM
Icon size

Floor Area

1286 SQM
Icon parking

Parking

20

An Investment That Corners Beautifully

UNDER OFFER - MULTIPLE OFFERS RECEIVED

This most impressive freehold investment property is located one of Melbourne's most sought after and well known showroom precincts, Nepean Hwy.

Positioned on the preferred outward bound side of the highway, on the corner of Nepean Hwy and Oak Ave, this profile showroom investment will be the new home to the new LDV car dealership.

Currently undergoing refurbishment, this investment will be the jewel in the crown of your investment portfolio.

Key attributes include:

* Impressive new 5 year lease to Nissan & LDV car dealership (STA)
* Net income $300,000 per annum plus, Outgoings & GST
* Fixed increases of 3% per annum,and market review at option
* Lease expiry 31 October 2023, with a further 5 year option
* All outgoings payable by the tenant (except Land Tax)
* Fully re-furbished showroom facility with rear workshop and warehouse
* Rear hardstand and wash bay area
* 20 car spaces on site
* 58 metre frontage to Nepean Hwy
* Commercial 2 zoning

This incredible investment boasts neighbours such as; a brand new Officeworks, Bunnings, Rebel Sport, Jefferson Ford, Subaru, Goodyear , Supercheap Auto, Spotlight and ALDI.

With Nissan and LDV opening soon, 1 Nepean Hwy, is an investment that will corner beautifully into your investment portfolio.

For further information, enquiries and inspections, please contact:

JAMES GLEN 0401 493 277
MATT NICHOLS 0418 186 488

NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated. All images are subject to copyright.

For more details, please email agent

Nichols Crowder Property Solutions

358 South Road, Moorabbin, VIC 3189


More properties from Nichols Crowder Property Solutions
Leased

460 New Street, B...

RetailLand/DevelopmentShowrooms/Bulky Goods
For Lease
401 Hampton Street, HAMPTON VIC, 3188

401 Hampton Stree...

OfficesMedical/ConsultingRetail
Leased
18 Independence Street, MOORABBIN VIC, 3189

18 Independence S...

Industrial/Warehouse
Leased
354 South Road, MOORABBIN VIC, 3189

354 South Road, M...

OfficesRetailShowrooms/Bulky Goods
Sold
102 Bluff Road, BLACK ROCK VIC, 3193

102 Bluff Road, B...

OfficesRetail
Sold
87-89 Main Road, CLAYTON VIC, 3168

87-89 Main Road, ...

Industrial/WarehouseIndustrial/WarehouseLand/Development
More properties from Mentone
Leased
118 Balcombe Road, MENTONE VIC, 3194

118 Balcombe Road...

RetailOffices
Leased
40 Balcombe Road, MENTONE VIC, 3194

40 Balcombe Road,...

Industrial/WarehouseOffices
Leased
2/80 Voltri Street, MENTONE VIC, 3194

2/80 Voltri Stree...

Industrial/WarehouseIndustrial/WarehouseOffices
Leased
3/6 Shearson Crescent, MENTONE VIC, 3194

3/6 Shearson Cres...

Industrial/WarehouseIndustrial/WarehouseShowrooms/Bulky Goods
Leased
47 Shearson Crescent, MENTONE VIC, 3194

47 Shearson Cresc...

Industrial/Warehouse
Sold
93 Balcombe Road, MENTONE VIC, 3194

93 Balcombe Road,...

RetailLand/DevelopmentOffices
Loading...