FOR SALE
Auction ($1,400,000 - $1,540,000)

394-395 Nepean Highway
Chelsea VIC 3196

Bedrooms: -
Bathrooms: -
Car spaces: 7
Floor area: 247m2
Land area: 458m2
Improve this data
Auction Time
Wed 17 Jul 12:00 pm
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Bayside Investment | Side-by-Side Commercial Premises on Nepean Hwy

RWC Oakleigh is thrilled to present 394-395 Nepean Highway, Chelsea to the market for sale available through a public on-site and online auction on Wednesday, 17 July 2024 at 12:00pm (AEST).
Discover these two desirable, side-by-side commercial properties offering a wealth of opportunities, ideal for those seeking a dual-income investment or aiming to partially occupy while considering future development prospects (STCA).
395 Nepean Highway is currently leased to long-standing tenant Barry Plant Chelsea, under a new three-year lease with options, while 394 Nepean Highway is being offered with vacant possession.
The properties boast a fantastic double frontage of 11m* and benefit from seven onsite secure car spaces for the occupants. Additionally, there is ample council public parking directly at the rear of the premises.
The surrounding area is bustling with an array of complementary businesses and amenities, showcasing the strength of this thriving bayside suburb. Chelsea Train Station is directly across the road & Chelsea Beach only 225m* away.
This prime bayside location is highly sought-after by property investors and businesses, promising a blend of convenience, exposure and potential. Don't miss out on this
exceptional opportunity.
Key Property Features:
• Two properties on one title
• Double frontage | impressive 11m*, enhancing visibility and exposure
See More

Property Details for 394-395 Nepean Hwy, Chelsea

Building Type
Commercial
Floor Size
247m2
Land Size
458m2

Commute Calculator

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 4,999 properties.

    There are currently 24 properties listed for sale, and 2 properties listed for rent in Chelsea on OnTheHouse. According to CoreLogic's data, 191 properties were sold in the past 12 months in Chelsea.

    Chelsea Profile Page

    Suburb Insights for Chelsea 3196

    Visit Chelsea profile page
    Market Insights
    Trends for Houses
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend
    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Trends for Units
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend
    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Neighbourhood Insights
    Age
    Household
    Occupancy
    No data to show
    Visit Chelsea profile page
    Contact agent
    Ryan Amler
    Show contact details
    Call agent
    Ray White Commercial Oakleigh
    Preferred contact:
    Privacy Policy
    CoreLogic Copyright and Legal Disclaimers about Property Data

    © Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

    This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

    X

    GETTING STARTED