FOR SALE
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394-395 Nepean Highway
Chelsea VIC 3196

Bedrooms: -
Bathrooms: -
Car spaces: 7
Floor area: 247m2
Land area: 458m2
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Two High Exposure Retail Premises On One Tite

RWC Oakleigh is thrilled to present 394-395 Nepean Highway, Chelsea to the market for sale.
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
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Property Details for 394-395 Nepean Hwy, Chelsea

Building Type
Commercial
Floor Size
247m2
Land Size
458m2

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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 NaN properties. Over the last 5 years, Houses in Chelsea have seen a 13.76% increase in median value, while Units have seen a 10.70% increase. As at 30 November 2024:

  • The median value for Houses in Chelsea is $1,048,625 while the median value for Units is $681,803.
  • Houses have a median rent of $610 while Units have a median rent of $540.
There are currently no properties listed for sale, and no properties listed for rent in Chelsea on OnTheHouse. According to CoreLogic's data, no 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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