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394 Nepean Highway
Chelsea VIC 3196

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 114m2
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Prime Retail Opportunity opposite Chelsea Train Station

• Total building area 114m2*
• High exposure location
• 3 Car spaces on-site
• Large council parking at rear
• Available now
For further information, don't hesitate to get in touch with one of the exclusive marketing agents below:
Ryan Amler | 0401 971 622
George Ganavas | 0478 634 562
*All areas and figures approx. only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Property Details for 394 Nepean Hwy, Chelsea

Building Type
Commercial
Floor Size
114m2

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About Chelsea 3196

The size of Chelsea is approximately 2.6 square kilometres. It has 6 parks covering nearly 13.8% of total area. The population of Chelsea in 2011 was 7,222 people. By 2016 the population was 7,779 showing a population growth of 7.7% in the area during that time. The predominant age group in Chelsea is 30-39 years. Households in Chelsea are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chelsea work in a professional occupation. In 2011, 62.1% of the homes in Chelsea were owner-occupied compared with 63.2% in 2016.

Chelsea has 5,053 properties. Over the last 5 years, Houses in Chelsea have seen a 21.74% increase in median value, while Units have seen a 16.41% increase. As at 31 October 2024:

  • The median value for Houses in Chelsea is $1,077,329 while the median value for Units is $697,437.
  • Houses have a median rent of $620 while Units have a median rent of $535.
There are currently 21 properties listed for sale, and 6 properties listed for rent in Chelsea on OnTheHouse. According to CoreLogic's data, 208 properties were sold in the past 12 months in Chelsea.

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Ryan Amler
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Ray White Commercial Oakleigh
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