409 Nepean Highway
CHELSEA, VIC 3196

Super Prime Bayside Investment

- Highly exposed freehold in the absolute heart of Chelsea’s busy retail precinct, directly opposite Chelsea Train Station and next to The Strand, providing direct access to Chelsea Beach
- Surrounded by notable traders including Woolworths, Salvos, Commonwealth Bank, Westpac, Anytime Fitness, Bakers Delight, Cellarbrations and more
- Impressive fully refurbished ex Bank building of 610 sqm*
- Generous landholding of 443sqm*
- Excellent rear access adjoining huge Woolworths Supermarket carpark

Fully Leased to two tenants:

Ground Floor: Brand new 5 + 5 year lease to Chelsea Pricecut
First Floor: 3 + 3 + 3 year lease to Live Life Well Yoga Studio
Returning $125,203 per annum approx. plus GST

- Strong future upside potential (stca)
- Commercial 1 Zone
- High vehicular and foot traffic location
- Multiple public car parking options within the immediate surrounds
- Access to efficient transport linkages via Nepean Highway, Station Street and Chelsea Train Station, providing a direct route to Melbourne’s CBD and southern suburbs

Approx.*