370 Nepean Highway, Chelsea

PRIME FREEHOLD OPPORTUNITY – IMMEDIATE OCCUPANCY OR BLANK CANVAS IN SOUGHT-AFTER LOCATION FOR OWNER OCCUPIERS, INVESTORS & LAND BANKERS

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.