Knight Frank is pleased to offer for your consideration a high-profile property with massive exposure, 199 Nepean Highway, Gardenvale, For Sale by Expression of Interest closing Wednesday 30 October 2024 at 12PM (AEDT).
Currently tenanted by ‘Budget Car & Truck Rental Brighton’ until May 2025 returning $109,826* net per annum, this property offers opportunity to invest, develop or owner occupy.
The Commercial Zone 2 (CZ2) allows for a wide range of future uses including but not limited commercial office, large format retail, car wash, car dealership, manufacturing and much more (STCA).
Key Features –
- 1,112 sqm landholding with minimal fixtures
- Short-term holding income of $109,826* NET per annum
- Leased to ‘Budget Car & Truck Rental Brighton’ until May 2025
- Commercial Zone 2 (CZ2) Land under the Glen Eira Planning Scheme
- 10km* from Melbourne CBD
- Access via Nepean Highway Service Road
- Rear laneway access
- 200m to Gardenvale Train Station
- Close proximity to Bay Street and Martin Street retail precincts
- Over 50,000* passing cars daily
For Sale by Expression of Interest, closing Wednesday 30 October 2024 at 12PM (AEDT).
Remember to mention you found this property on DevelopmentReady
Knight Frank is pleased to offer for your consideration a high-profile property with massive exposure, 199 Nepean Highway, Gardenvale, For Sale by Expression of Interest closing Wednesday 30 October 2024 at 12PM (AEDT).
Currently tenanted by ‘Budget Car & Truck Rental Brighton’ until May 2025 returning $109,826* net per annum, this property offers opportunity to invest, develop or owner occupy.
The Commercial Zone 2 (CZ2) allows for a wide range of future uses including but not limited commercial office, large format retail, car wash, car dealership, manufacturing and much more (STCA).
Key Features –
- 1,112 sqm landholding with minimal fixtures
- Short-term holding income of $109,826* NET per annum
- Leased to ‘Budget Car & Truck Rental Brighton’ until May 2025
- Commercial Zone 2 (CZ2) Land under the Glen Eira Planning Scheme
- 10km* from Melbourne CBD
- Access via Nepean Highway Service Road
- Rear laneway access
- 200m to Gardenvale Train Station
- Close proximity to Bay Street and Martin Street retail precincts
- Over 50,000* passing cars daily
For Sale by Expression of Interest, closing Wednesday 30 October 2024 at 12PM (AEDT).
Remember to mention you found this property on DevelopmentReady
Developments and amenities within a 5km radius of the asset.